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...vital duty, but this year campaigns are of particular importance. Although this is not a presidential election year, the stakes in national politics are almost as high as they were in 2004. The election will broadly impact our nation’s future, shaping everything from environmental policy to tax policy, from foreign relations to social welfare programs. Pollsters are predicting that there are enough races that are too close to call that one or both houses of Congress could change hands...

Author: By Kyle A. Krahel and Colin J. Motley | Title: A Season for Political Involvement | 9/29/2006 | See Source »

...with the collapse of the Soviet Union, the tiny nation (pop. 1.35 million) has managed to put itself on the edge of far more than just geography. It was the first former Soviet republic to introduce its own currency, and the first European country to adopt a flat tax system, now widely copied in the rest of Eastern Europe. It has also become one of the most technologically advanced places on the planet. You can use your mobile phone to pay for parking your car, buy bus tickets and check your children's school grades. More than 80% of taxpayers...

Author: /time Magazine | Title: Getting It Right | 9/28/2006 | See Source »

...years has gone hand-in-hand with political fractiousness. There have been 12 governments since 1991, and increasingly there's a polarization between those who insist it's vital for Estonia to stick to its current successful model and those who argue it's time for serious tinkering. The tax system, widely seen as a cornerstone of Estonia's success to date, faces the biggest threat. A 26% flat income tax was introduced in 1994. The rate has since dropped to 23% and the official plan - depending on the outcome of the next parliamentary election, in March next year...

Author: /time Magazine | Title: Getting It Right | 9/28/2006 | See Source »

...labor, Braley has campaigned on raising the minimum wage, fair trade issues, opposing Republican efforts to privatize Social Security and reforming the Medicare prescription drug program. Whalen has emphasized reducing wasteful government spending and government intrusion that hampers free enterprise. He also supports private sector solutions, a modified flat tax system to help small businesses and stimulate economic growth, "consumer-driven" health care reform, tort reform and permanent extension of federal income tax cuts...

Author: /time Magazine | Title: Campaign 2006: The Battle for an Open Seat in Iowa | 9/28/2006 | See Source »

...around half the Latin American average and way behind rival emerging markets such as like China and India - but his success with the Bolsa Familia makes victory almost certain, in spite of his lack of action elsewhere. Although he failed to enact the political, union, labor, agrarian or tax reforms he promised, polls put him between 22 and 25 points ahead of nearest rival, Geraldo Alckmin, and within reach of the overall majority that would avoid...

Author: /time Magazine | Title: Why Lula Will Win | 9/28/2006 | See Source »

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