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This one would go straight to his wallet. In 2002 Greenberg ranked 47th on the Forbes list of the 400 richest Americans, with an estimated worth of $3.3 billion. Much of his wealth was tied up in AIG stock. In 2001, the latest year for which complete data are available...
Middle-income and lower-income taxpayers are hit hardest by Social Security's double tax for yet another reason. The amount of income subject to tax rises annually with inflation, making it the most regressive of all levies. This year workers pay the 6.2% tax on all wage income up...
Work. I hear that you are assessed via a Grade Point Average. This sounds like tyranny—you must have to, like, do work all the time. We, in contrast, are only assessed in eight exams at the end of our final year, which has the obvious benefit of...
“Sometimes the phrase ‘cutting off one’s nose to spite one’s face’ has a sadly clear meaning,” Knowles wrote in an e-mail. “One can only be sad that a few...
FLIGHTS OF FANCY Want a taste of the Land of Kings but don't have much time to travel? Rajasthan's tourism authority proposes a solution that brings a new meaning to the phrase "whirlwind tour." Forget the stylish Palace on Wheels, India's grande dame of steam trains and...