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Atlanta attorney Edward Lindsey says he saw the writing on the wall when he first ran for state representative in 2004. As he went door-to-door canvassing for votes in one of the city's wealthier enclaves, countless residents told him of paying property taxes that didn't reflect the true value of their house, but a value fueled by an assessment of their neighbor's recent renovation. Lindsey may have felt a little guilty. He and his wife had just completed what he described as "an upgrade" - he tore down one house and replaced it with a larger...

Author: /time Magazine | Title: Why Does Your Devalued Home Have Such a High Tax Rate? | 1/10/2009 | See Source »

...just because the Mexican elite can afford to forget about the social issues of their communities doesn’t mean that they should. That wealthier individuals can pay for the resources necessary to survive social turmoil is a given in any society, but what distinguishes Caballero’s customers is that they seem to embrace their greater access to security in a particularly conspicuous and inconsiderate manner. No one would insist that all Mexican citizens bear the burden of the heightened crime rates equally or that wealthy and influential Mexicans pour all their excess funds into law enforcement...

Author: By Sabrina G. Lee, CRIMSON STAFF WRITER | Title: Mexico's Newest Luxury Item | 1/4/2009 | See Source »

...Duncan, who is particularly attuned to the achievement gap between high- and low-income students, has hinted that he does not approve of the way Illinois schools receive the bulk of their funding from local tax revenue. "It's morally inexcusable that children who happen to be born in wealthier communities, white ones, get a better education than those who live in poor communities," Duncan told TIME last August. "Clearly, as a state, we've lacked the political courage to fundamentally challenge the status quo, not just tweak it at its edges." He added, "It doesn't need a tweak...

Author: /time Magazine | Title: Will Arne Duncan Shake Up America's Schools? | 12/16/2008 | See Source »

...kids between 10 and 14 are at the lowest. The rate rises again for kids 15 to 19, perhaps because of greater access to fireworks, gasoline and cooking materials. Once again, poorer countries are hit harder, with a rate 11 times higher than that of higher-income countries. In wealthier parts of the world, it's smoke inhalation, not the flames themselves, that causes the most deaths. For reasons not entirely clear, burns are the only type of injury that strike more girls than boys. Smoke alarms, childproof lighters and the establishment of dedicated burn centers are among...

Author: /time Magazine | Title: How to Save 829,000 Kids a Year | 12/10/2008 | See Source »

...current model of endowment development, which is highly dependent on alumni-giving, further widens the gap between richer and poorer institutions, because wealthy universities tend to engender wealthier alumni who can give a bigger pay-back. As non-profits, universities are unbridled forces on the stock market. With no obligation to plow resources back into federal and local services, or even to spend a fixed percentage of earnings, these universities vacuum up philanthropic impulses without creating widespread good...

Author: By Paula A. Tavrow | Title: A Better Way To Give | 12/10/2008 | See Source »

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