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...Mexico's have-nots, promising to "keep our young people from having to abandon their towns and families for the other side of the border." A former social worker, he lives in an austere Mexico City apartment. He says he will steer resources to small businesses and end tax and regulatory breaks enjoyed by large corporations. He also wants to review the North American Free Trade Agreement, which has hurt Mexican farmers by deluging the market with cheap food imports. "For once," López told TIME, "we're going to confront the great sin of the Mexican economic system--that...

Author: /time Magazine | Title: The Politics of Immigration ? in Mexico | 6/27/2006 | See Source »

...website of the U.S. President, whitehouse.gov, offers the option of viewing that site in Spanish. I suppose if English were to become the official language, the website would have to change, and that could pose a problem at election time. Moreover, I think more revenue would be collected if tax forms continue to be available in Spanish. I suppose with the new mentality of Fortress America, if you're going to build walls to keep out the foreigners, you might as well use language to keep them out as well. Dave Horne Helvoirt, the Netherlands A Rich, Impoverished Nation Congratulations...

Author: /time Magazine | Title: What Happened at Haditha? | 6/27/2006 | See Source »

...reassure state governments nervous about the tab, Congress levied a 3% federal tax on gas and diesel fuel to pay 90% of construction costs. Congress subsequently expanded the network to include other routes and the new states of Hawaii and Alaska. And even now, ongoing fidgeting with the system - the repaving and widening of established highways and the construction of new metro commuter routes close to growing cities - suggests that old joke about New York City: "It'll be a great place if they ever finish building...

Author: /time Magazine | Title: The Interstates Turn 50 | 6/26/2006 | See Source »

...over Australia is that it can move very quickly; its size and government structures allow rapid deployment. If the world is not as flat as Thomas Friedman has envisioned, then resources will continue to flow to the engines of world capitalism. Take note, ye Australians with your fat tax cuts, new cars and McMansions?and heed the warning of the little Kiwi bird...

Author: /time Magazine | Title: Warnings from New Zealand's Birdcage | 6/25/2006 | See Source »

...average incomes between the countries has widened significantly in recent years to approximately 30%, drawing Kiwis across the Tasman in large numbers. Hanging over several of New Zealand's key industries (think banking), there's a branch-office stigma. Australia's Treasurer Peter Costello is chopping at tax rates with the glee of a burly bloke in a blue singlet. Kiwi workers complain that Costello's counterpart Michael Cullen is being a scrooge on fiscal policy, stacking up Budget surpluses when there's a good case for tax relief. But Cullen has no room to move. A current account deficit...

Author: /time Magazine | Title: Warnings from New Zealand's Birdcage | 6/25/2006 | See Source »

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