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3:44pm

Tue October 25, 2011
Presidential Race

The Flat Tax Through The Decades

Last-minute income tax filer Jen Makowski works on her taxes at the main post office, April 15, 2004, in Chicago. Proponents of the flat tax argue it would make it easier for Americans to file their taxes.

Tim Boyle Getty Images

As Rick Perry unveils his flat tax plan, we take a look back at the history of the flat tax, from Abraham Lincoln to Steve Forbes to 9-9-9.

3:34pm

Tue October 25, 2011
Business

Entrepreneurship Lessons For The Academic-Minded

Originally published on Mon October 31, 2011 3:51 pm

A pair of tweezers holds a graphene transistor fabricated on a silicon wafer. An I-Corps team from the University of Pennsylvania is working on scaling up their cheaper method of making high-quality graphene, an extremely strong, conductive material one atom thick that was the subject of a Nobel Prize last year.

Courtesy of Zhentang Luo

The slow pace of job creation has revived interest in getting promising new technologies out of university labs and into the marketplace. At Stanford University, a group of academic researchers from all over the country gathered to take a crash course in how to turn their projects into startup companies.

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3:27pm

Tue October 25, 2011
The Two-Way

New $5.50 Tax For Canadians Flying To U.S. Called A 'Provocative Insult'

Originally published on Tue October 25, 2011 3:58 pm

Oh! Canada!

S. Badz Getty Images

Canadians are not feeling very loved by the United States. The latest spat comes after the U.S. announced that any Canadian traveling to the country by air or boat will be charged a $5.50 tax.

The tax had been discussed and discarded before, but a new free-trade deal signed with Colombia prohibits tariff exemptions for travelers from Canada.

The sentiment in Canada is perhaps best captured by the headline in today's National Post:

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3:13pm

Tue October 25, 2011
Rick Perry

Perry Proposes Optional 20 Percent Flat Tax

Rick Perry doesn't have a catchy marketing slogan for his tax plan. But he's hoping the idea of a flat, 20 percent income tax rate will do for his campaign what "9-9-9" did for Herman Cain's.

"We need a tax code that unleashes growth instead of preventing it; that promotes fairness, not class warfare," Perry said during a speech at the ISO Poly Films factory Tuesday in Gray Court, S.C.

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2:06pm

Tue October 25, 2011
The Two-Way

Gadhafi's Final Weeks, As Told By A Top Security Official

From the shaky, grainy video, we have an idea of what the last moments were like for Col. Moammar Gadhafi. But over the past few days, his top security official, who was captured along with Gadhafi, has been talking about the final weeks of one of the most notorious despots in modern history.

As Mansour Dao, who says he is also Gadhafi's cousin, puts it, Gadhafi left Tripoli on Aug. 18 or 19, before the rebels made a push for the capital city. He left to Sirte, what was a stronghold, and his son Saif al-Islam left for Bani Wald.

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