Word: taxed
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...broadcasting still plays an irreplaceable role in British cultural life. So what if some people switch off nature shows? "The notion that you shouldn't pay for something if you don't use it is uncivilized," says Attenborough. It's no different, he adds, from having some of his tax money spent on, say, a public swimming pool or library "even though I don't use either...
Chile's FDI measures more than 4% of GDP, also tops in South America, largely because Chile keeps corruption, bureaucracy and undue tax burdens out of investors' paths. Its judicial system is perhaps the most transparent in Latin America. "Investors realize our institutions function," says Osvaldo Rosales, international-trade director at the U.N.'s Economic Commission on Latin America and the Caribbean...
...most prestigious business organization linked with the planet's best journalists to report on the heated competition among nations for investment. Alex Perry and Zoe Eisenstein file from Africa on the disparate development of Mauritius and Angola. In Denmark, Justin Fox analyzes the country's success amid high tax rates. Asia hand Kathleen Kingsbury examines China's push to land R&D labs. Latin America expert Tim Padgett assesses the surprising economic strength of Argentina, Brazil and Chile. And business writer Barbara Kiviat explains the significance of the WEF's country rankings. We are also launching on TIME.com an amazing...
Proposed federal excise tax on cigarettes, a 61¢-per-pack increase. The extra funds would help finance a proposed increase of approximately $35 billion for S-CHIP, a federal children's health-insurance bill...
Number of times Congress has increased the sales tax on cigarettes since...