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Most tax plans start with increasing the portion that the very wealthy pay as a percent of their income. That is not just true in America. It is a global way of raising money to support government programs, and, by most accounts, it is fairly successful. The major argument against this form of taxation that taxing people who make a lot of money will diminish their entrepreneurial incentives. The wealthy will lose their desire to create more wealth...
Students who regularly travel to the west coast received more options for travel when Virgin America began service at Boston Logan International Airport on Feb. 11. Virgin is offering two round-trip flights daily to San Francisco International Airport and three to Los Angeles International Airport starting at $109 one way, according to the company’s Feb. 11 press release. Kacie M. Rounds ‘11, who often uses United Airlines from Logan to both San Francisco and Los Angeles, said she might use Virgin America’s new service in the future...
...Only the Pentagon could turn a $60 million helicopter - the European-made EH-101 - into a $480 million whirlybird. The Pentagon's Defense Science Board, in a report released earlier this month, didn't mince words in assigning blame for the fiasco. "The schedule was acknowledged at the start to be high-risk and very aggressive," it said, "driven by post-9/11 global war on terror urgency." The costs started climbing as the White House informed the Pentagon and its contractors of its wish list of encrypted video, telephone and electronic capabilities that it wanted aboard the new birds...
...Since leaving office in 2004, Locke has worked for a Seattle law-firm, specializing in China. As the nation's one-time top Chinese American politician, Locke has kept in close contact with his parent's homeland. He arranged for Chinese President Hu Jintao to start off his first state visit in 2006 to America in Seattle, and has met privately with Chinese Premier Wen Jibao - a rare event for any U.S. politician. He also ran a leg of the Olympic torch relay before 2008's Beijing Olympics...
...blockbuster written all over it when it was released, and I don't think the producers and distributors had great expectations," he says. "But word got out that it was more than a film for old people and it became a mass phenomenon in Japan." Takita, 53, got his start in adult films but, until now, is probably most remembered as the director of the 1999 film Secret (Himitsu), which was eventually reamde by French director Luc Besson. Takita beamed as he spoke upon receiving the Oscar. "This is a new 'departure' for me. And I will - we will...