Word: target
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Even antipurple people have gotten sucked in by the color's zeitgeistiness. "I always hated purple, and I hated people who were into purple," says Manhattan-based designer Thakoon Panichgul, a favorite of Michelle Obama's who in December will launch a collection at Target. "But it has an element of angst that I gravitated to this season...
...will pay those taxes? Obama's plan to target the highest earners has merit, given that almost all income gains in recent years have gone to the top 1%. But because the rich can afford good tax lawyers, there are diminishing returns to increasing their tax rates. Returning to the pre-2001 top rate of 39.6% (from 35% now) would surely bring in more money, but going much higher might not. Also, the bulk of the recent gains at the top of the income spectrum has come from huge paychecks in the financial sector--paychecks that are almost sure...
That brings us back to the lucky duckies. Trouble is, they're an even less promising target. The share of pretax income going to the bottom 40% of households dropped from 20% in 1980 to 15.9% in 2005, according to the Congressional Budget Office, and that decline has been counteracted only modestly by tax credits. There's simply not enough money there to close any budget gaps...
...Sung’s Natalie Portman-inspired cocktail dress is up first. “Natalie Portman is simple and chic,” Wang says, “So I thought she was pretty on target.” The design also earned points for the “really cool” piping around the neckline...
...conversation,” says Helen Molesworth, Curator of Contemporary Art at the Fogg, who will be a respondent at the conference. Although the event is drawing a wide range of scholars to Harvard for the weekend, Buchloh insists that undergraduates are the group that he is trying to target. “I was hoping that it would not just be a scholarly affair,” he says. Warhol’s role is particularly relevant to today’s youth, according to Molesworth. “I think the current generation of undergraduates exists...