Word: taxed
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...Speculation In his essay "Oil Follies," Michael Kinsley notes that if President George W. Bush "had used the political gift certificate he was granted on Sept. 11, 2002," he could have "imposed a $1.50-per-gal. (39¢-per-L) 'War on Terror' tax ... People would have screamed with pain, then started adjusting. Demand would have gone down, and today gas would probably be cheaper" [July 7]. How very clever. But Kinsley had a TIME pulpit in 2001. Why didn't he propose this great idea then? How easy it is to be clever in retrospect - though Kinsley seems less than...
...enrollment is declining. Retirees are drifting to the Southwest and the Carolinas, while would-be Floridians who bought preconstruction condos in more optimistic times are scrambling - and often suing - to break contracts. This is our dotcom bust, except worse, because our local governments are utterly dependent on construction for tax revenues, so they're slashing school and public-transportation budgets that were already among the nation's stingiest. "This may be our tipping point," says former Senator Bob Graham...
...miracle of water control helped transform it into a migration destination for the restless masses of Brooklyn and Cleveland, Havana and Port-au-Prince. Florida developed its own ventricle at the heart of the American Dream - not only as an affordable playground and comfortable retirement home with no income tax but also as a state of escape and opportunity, a Magic Kingdom for tourists, a Fountain of Youth for seniors, a Cape Canaveral for Northerners looking to launch their second acts. Even the soggy Everglades, once considered a God-forsaken hellhole, became a national treasure...
...Party. Many Republicans dislike John McCain with a passion that has lasted for years. Asked to explain, they refer to the McCain-Feingold campaign-finance-reform law (which they thought, incorrectly as it turns out, would bite Republicans more than Democrats), or his opposition (since rescinded) to the Bush tax cuts, or what they regard as his tiresome and preening routine as a maverick. They resent his mutual love affair with the press (which he jokingly refers to as "my base"). They remember a lot of foolish talk a while back about how McCain might switch parties and become...
CROCODILE DUNDEE at war with Australian tax authorities...