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In a blog post on Feb. 10, Google product managers Minnie Ingersoll and James Kelly laid out the company's plan to provide as many as 500,000 people in a small number of locales with fiber-optic Internet connections capable of one gigabit per second (Gbps), more than 100...

Author: /time Magazine | Title: Why Google Wants a Faster Internet | 2/15/2010 | See Source »

Dimitris, who owns a small retail operation, admits he cheats on his taxes. He says he only submits tax invoices for roughly half of what he sells - about $17,000 of the $34,000 he takes in every year - and pockets the 19% sales tax he collects on the rest...

Author: /time Magazine | Title: Taxing Times in Greece | 2/15/2010 | See Source »

But any fix will be difficult. Greece's tax-collection system is an antiquated mess. The state's various financial-information databases are haphazard and fragmented. No single program can pull up all the data about a single taxpayer; without tedious manual cross-checks, there's no way to flag...

Author: /time Magazine | Title: Taxing Times in Greece | 2/15/2010 | See Source »

Just as importantly, the Danish government is firmly behind the project. Late last year, it promised not to impose the normal vehicle-registration tax of 180% on electric cars until 2012 - a tax break of at least $40,000 for early buyers - and to provide drivers with free parking in...

Author: /time Magazine | Title: Denmark Leads Europe's Electric-Car Race | 2/14/2010 | See Source »

Indeed, the chances of failure are high. Already, Better Place has run into problems with Renault over Denmark's promised tax exemptions. Last year, the former Climate and Energy Minister, Connie Hedegaard, suggested the government might extend the tax break until 2015, but months later, a decision on that has...

Author: /time Magazine | Title: Denmark Leads Europe's Electric-Car Race | 2/14/2010 | See Source »

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