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Despite the arguments of opponents, the deal did have plenty of support in Germany. Tax evasion is a major problem in the country, costing the government about $40 billion a year, according to Lehner. German opposition parties supported buying the CD if it would help uncover the identities of suspected...

Author: /time Magazine | Title: Why Germany Is Paying Ransom for Stolen Data | 2/3/2010 | See Source »

Saltz expects the tax would trigger a surge in people traveling outside the country for cosmetic procedures. Partridge agrees, saying, "People do shop around - cosmetic surgery is very competitive." (See the top 10 tax dodgers.)

Author: /time Magazine | Title: Proposed 'Botox Tax' Draws Wide Array of Opponents | 12/17/2009 | See Source »

Normally, it can take years for companies to cash in these tax credits, and when they do their value may be greatly diminished if inflation has reared up. But the stimulus is producing a sharp turnaround in the economy, allowing companies to cash in their credits sooner than usual. What...

Author: /time Magazine | Title: Recession Dividend: A Boom in Corporate Tax Credits | 11/5/2009 | See Source »

The tax credit has also been a fraudster's dream. A recent report from the Treasury Department's inspector general identified 167 suspected cases of fraud and was looking into more than 100,000 potential civil violations related to the tax credit. In one case, a 4-year-old child...

Author: /time Magazine | Title: Should the Home Buyers' Tax Credit Be Extended? | 11/4/2009 | See Source »

Wilhite wore an Angels jersey with black patches carrying Adenhart's number, 34, and Pearson's and Stewart's initials when he threw out the ceremonial first pitch at the August Angels-Athletics game. When the Angels clinched the American League West Championship on Monday, Adenhart was on the players...

Author: /time Magazine | Title: After the Adenhart Tragedy, an Angels Miracle | 10/6/2009 | See Source »

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