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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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Obama’s Jobs Plan, to Raise $400 Billion in Taxes

Written on September 13, 2011 by Japhet Writ

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Through tax increases and subsidy deductions, Barrack Obama's jobs plan is believed to raise more than $400 million.

White House Office of Management and Budget Director, Jack Lew, outlines President Barrack Obama’s plan to pay for his $447 billion jobs plan — mostly through tax increase. The budget director said that itemized tax deductions and exemptions for those making $200,000 or more, and families earning greater than $250,000, would be cut. That would raise about $400 billion to pay President Obama’s jobs plan for over ten years.

Moreover, a change to bring more hedge fund earnings under normal tax rules – as opposed to carried interest rates – would raise another $18 billion. However, Jack Lew said that the new tax rule would not take effect until January 2013.

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