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JEFFERSON: Oh, yes. I think there should be, at least in principle, a rate structure on a consumption tax with a flat rate on businesses and increasing marginal tax rates on individuals that should yield revenue consistent with what we are collecting...

Author: /time Magazine | Title: Board Of Economists: Why Tax Our Patience? | 4/7/2003 | See Source »

...Undergraduate Education. I worry that the merged position will require such a degree of prioritization that students will have to wage overtly political battles—not unlike the recent preregistration fight—to have adequate attention paid to their non-curricular needs. While this approach might yield favorable results on the few topics that excite the student body at large, a number of less popular, but nonetheless important, issues will slip through the cracks. But, should we even have to jump up and down to get the administration to consider our non-curricular requests? If the College...

Author: By Matthew W. Mahan, | Title: Grossly Overworked | 4/7/2003 | See Source »

...numbers will go up and down every year,” he said. “We’re pleased with the percentage [of black admittees] and hope that we will be able to continue to yield high percentages...

Author: By Jason D. Park, CONTRIBUTING WRITER | Title: Class of 2007 Sets Records | 4/3/2003 | See Source »

...sure, the economy faces new problems like trade tensions, and old ones like heavy consumer debt. But investors have made a lot of bad decisions lately, and hunkering down now would be another one. Most money-market funds yield less than 1%, and after three strong years, bonds are vulnerable to rising interest rates. Yet those are two assets into which money has been flowing. The participation rate in 401(k) plans is the lowest in a decade, and those who are enrolled are contributing less...

Author: /time Magazine | Title: No Time for Defense | 3/31/2003 | See Source »

SAFE HAVENS Dividend-paying stocks like drugmakers Merck and Schering-Plough and utilities (Consolidated Edison, Southern Co.) should do well as investors tiptoe back into the safest stocks they can think of. Consider a yield-oriented stock fund like T. Rowe Price Capital Appreciation, which recently yielded 2% and gained 11% annually the past three years. If things go poorly for the U.S. in Iraq or elsewhere, this at least will provide some cushion and keep you in the game...

Author: /time Magazine | Title: No Time for Defense | 3/31/2003 | See Source »

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