Word: taxing
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...paid off: company boards went from just 7% female in 2003 to 40% in January 2008. Spain, the Netherlands and France are now planning similar laws. Sweden doesn't have a quota system, but it has introduced other measures to help women combine work and family life, such as tax cuts for household and child-care services and incentives for more fathers to take parental leave to care for children. The policies have helped Swedish women get ahead: 19% of executive board positions and nearly half of all board seats in state-owned companies are now held by women. (Read...
...carte blanche to be the government's unofficial troublemaker. Finding himself holding the balance of power following 11 years in opposition, the ambitious politician is enjoying his first taste of power. Even though his main job is Foreign Minister, Westerwelle has flexed his muscles on domestic issues from tax reform to health care to nuclear power. Gero Neugebauer, a political scientist at the Free University in Berlin says Westerwelle's inexperience in government makes him a loose cannon. "Westerwelle's criticism gives the impression that Angela Merkel can't control her Cabinet," says Neugebauer. "Germans are asking...
...they were introduced by Otto von Bismarck, the "Iron Chancellor," in the 1880s. Bismarck's system - designed to win over workers and increase productivity - guaranteed every citizen social insurance, including a pension, national health insurance and disability benefits. Westerwelle thinks that should change, and is also pushing for lower taxes and a new simplified tax system. The opposition Social Democrats branded him a "sociopolitical arsonist" while the Greens warned that the welfare state would be pared back to a "social ice age." Merkel was not amused, either. "I've made it clear that what Guido Westerwelle said...
...spokesman, Ulrich Wilhelm, says voters are missing the big picture. "It certainly was not the best start," Wilhelm tells TIME. "It'll take time for the parties to come together." Despite the differences, it's crucial to "look at the facts." The government has passed "important legislation regarding tax incentives for businesses, agreeing on the 2010 budget and giving the green light for the biggest investment in research and technology." (See pictures about the dangers of printing money...
...reconciliation, which requires only a simple majority of 51 senators. Still, reconciliation can be procedurally arduous and Senate Republicans plan to use parliamentary rules to try to delay or stop the House package from being passed. Without this, the Senate bill itself - with its sweetheart deals and unadjusted tax on high-value insurance plans, for example - would stand...