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Another option growing in popularity: high-deductible health plans coupled with a reimbursement mechanism, most often a health-savings account. Younger and healthier workers increasingly select such coverage, which combines a deductible of at least $1,000 with a tax-deferred savings account to which employers sometimes contribute. Chicago-based accounting firm Blackman Kallick offered its more than 200 employees the plan this year. "About 10% chose it," says human-resources manager Suzanne Palombi, "many more than we anticipated." For Blackman, that equates to a 33% drop in premium costs for those workers...

Author: /time Magazine | Title: Pressure on Your Health Benefits | 10/29/2006 | See Source »

Wetterling, whose son was abducted in 1989, won sympathy when the House page scandal broke. Bachmann has attacked her as a tax-and-spend liberal...

Author: /time Magazine | Title: Campaign 2006: Election Guide | 10/29/2006 | See Source »

...where is all the money coming from to buy, and do we have enough of it? According to the U.S. Bureau of Labor Statistics, we earned average after-tax incomes of about $22,000 per person in 2004 and spent about $17,000 per person. That means Americans save very little of what they earn and end up paying for much of what they buy on credit. "Credit cards have allowed a whole different way of buying," says Cynthia Jasper, a professor of consumer science at the University of Wisconsin-Madison. "People are saving a lot less and spending...

Author: /time Magazine | Title: What America Buys and Why | 10/23/2006 | See Source »

...measure passes, oil drilled in California, the world's sixth largest economy and the fourth largest oil-producing state in the U.S., would be taxed at a rate from 1.5% to 6%, depending on global crude prices. The proceeds, capped at $4 billion, would fund a state agency to sponsor research and projects in wind, solar, ethanol and other energy alternatives. The idea of putting a tax on oil extraction is not new - both Texas and Alaska have one - but California's idea to use the money for alternative energy projects...

Author: /time Magazine | Title: California's Big-Bucks Battle Over Clean Energy | 10/23/2006 | See Source »

...will see them funded is by Wall Street. The government doesn't have enough money." That may be true. But Khosla, a self-described "free marketeer" and "fiscal Republican" opposed to subsidies, is co-chair and a contributor to Proposition 87, a statewide initiative that would impose a tax on oil companies for drilling in California - and use the $4 billion raised over 10 years to fund the development of "cleaner" and "cheaper" energy. "Proposition 87 is 100% a subsidy," says Cleantech blogger and energy investor Neal Dikeman, who is opposed to Prop. 87's call for the creation...

Author: /time Magazine | Title: The Green-Tech Venture Capitalist | 10/23/2006 | See Source »

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