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...should be rewarded to those who can establish their qualifications in a substantive, structured and tangible way—namely, through policy debates. But in the end, my vote carries the same weight as that of the senior citizen concerned about losing her drug benefits to an overly ambitious tax plan, the concerned father who doesn’t want his daughter to think that the only way to become president is to marry one, and the recently unemployed steel worker who just can’t bring himself to vote for such a frigid you-know-what. Far from...

Author: By Audrey J Kim | Title: The Mechanics of Democracy | 3/3/2008 | See Source »

TAKE THE CASH A large lump-sum payout might entice those ready to retire, but a tax-deferred plan may ultimately be a safer...

Author: /time Magazine | Title: Briefing | 2/29/2008 | See Source »

...periphery of the crowd. As Bill Clinton works the rope line, longtime Austin Democratic activist Glenn Maxey is passing out his campaign flyers to people as they leave. A former state representative and the first openly gay member of the Texas Legislature, Maxey is running for county tax collector. Tonight he has passed out some 3,000 flyers. At the Obama rally six days ago he had given out 5,000 and ran out of them. Running an "insurgent" campaign against a longtime incumbent, he has thrown in his lot with Obama. "I can knock on 50 doors...

Author: /time Magazine | Title: In Texas, Bill v. Barack | 2/28/2008 | See Source »

...Rancor like that suggests money is at stake, and of course, it is. Berlin is keen to claim an estimated $6 billion in unpaid taxes on funds that German citizens are thought to have spirited away to Liechtenstein, beyond the reach of Germany's tax authorities - but not, it turns out, of its spies. Germany's Federal Intelligence Service, the BND, paid as much as $7 million to a former employee of a trust controlled by the LGT Group, a bank owned by the principality's royal family. In return, the BND received stolen computer discs containing names of people...

Author: /time Magazine | Title: Saving a Banking Boom from Berlin | 2/28/2008 | See Source »

...criticized Clinton for voting for the war; Clinton criticized Obama for voting for "Dick Cheney's energy bill." Obama dodged a question from Tim Russert about whether he would abide by a promise to accept public financing in a general election campaign, while Clinton vowed to release her personal tax returns "upon becoming the nominee." If not sooner, she added...

Author: /time Magazine | Title: A Clash of Styles in Ohio Debate | 2/27/2008 | See Source »

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