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Economy
4:56 pm
Tue April 15, 2014

Sending Money On An Overseas Round Trip To Avoid Taxes

Round-tripping occurs when American citizens open bank accounts in tax havens such as the Cayman Islands, funnel money into the accounts and then use it to buy stocks and bonds back in the U.S.
David McFadden AP

Originally published on Tue April 15, 2014 6:03 pm

Some investors avoid paying taxes in a move called round-tripping — sending money offshore, then investing it in U.S. stocks or bonds. A study estimates it costs the U.S. billions in lost revenues.

Recently, MIT professor Michelle Hanlon and two colleagues set out to find out all they could about round-tripping.

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NPR Story
4:56 pm
Tue April 15, 2014

In Portugal, A Sales Receipt May Be Your Ticket To Win Big

A customer pays a vendor for her purchases at Feira da Ladra flea market in Lisbon, Portugal, in October 2013. The government has introduced a "Lucky Receipts" lottery to encourage people to ask for receipts — which will automatically be entered into a national lottery for fancy new cars. It's an effort to curb tax evasion and raise revenue.
Mario Proenca Bloomberg via Getty Images

Originally published on Tue April 15, 2014 5:51 pm

On Lisbon's cobblestone lanes, the Portuguese economy is hobbling along as it always has — in cash.

In a tiny, 100-year-old bar, Nuno Goncalves pours out glasses of ginja — a Portuguese sweet cherry liqueur — for his customers, mostly old men in flat caps. A small shot-glass full costs 50 cents — cash only. There is a cash register, but it doesn't print receipts.

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Around the Nation
4:56 pm
Tue April 15, 2014

The Long Wait On Safety Rules For The 'Soda Can' Of Rail Cars

Safety advocates have been pressuring Canadian and U.S. officials to create new safety standards for tank cars and to make old DOT-111s like this one more puncture-resistant.
Nati Harnik AP

Originally published on Tue April 15, 2014 5:29 pm

Freight trains roll through the Chicago suburb of Barrington, Ill., every day, many pulling older tank cars known as DOT-111s. They're known as the "soda can" of rail cars, says village President Karen Darch, because their shells are so thin.

Many of the DOT-111s are full of heavy Canadian tar sands crude oil. Some carry ethanol. And more and more of them are loaded with light Bakken crude oil from North Dakota.

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Shots - Health News
4:04 pm
Tue April 15, 2014

Despite Worries, Boston Survivor Heads Back To The Start Line

Carol Downing is still haunted by memories of last year's marathon. But she's excited about reuniting with other survivors.
Michael Dwyer AP

Originally published on Tue April 15, 2014 9:24 pm

At last year's Boston Marathon, Carol Downing was just a half a mile from the finish line when bombs exploded and injured two of her daughters. This year, she's going back to complete the race.

More than 36,000 runners hope to cross the finish line for the Boston Marathon this year. Downing plans to be among them. But she's worried.

"There's definitely some fear of going back," Downing says. "I know that for the whole time of the 26.2 miles, I'm going to be wondering if my family is safe."

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Book News & Features
4:00 pm
Tue April 15, 2014

In Pakistan, Literary Spring Is Both Renaissance And Resistance

Despite enduring violence and instability in Pakistan, artists and authors are thriving on the international stage. For many of them, culture has become a kind of resistance. Above, the 17th century Imperial Mosque in the Old City of Lahore serves as a reminder of the historical legacy and texture of Pakistan's art capital.
Bilal Qureshi/NPR

Originally published on Tue April 15, 2014 5:29 pm

On one of the first weekends of the Pakistani spring, more than 45,000 people gathered in the city of Lahore for three days of lectures, performances and old-fashioned people watching. The second annual Lahore Literary Festival brought artists from all over the world to Pakistan's cultural capital to share their work — and to celebrate the power of expression.

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It's All Politics
4:00 pm
Tue April 15, 2014

Obama's Tax Rate Rose — And He Can't Blame Anyone But Himself

President Obama meets with faith leaders in the Oval Office on Tuesday — also known as Tax Day 2014.
Carolyn Kaster AP

President Obama, like many wealthy Americans, is paying more of his income to the IRS.

The White House released the president's tax return last week. It shows he and the first lady paid $98,169 in taxes for 2013 on income of $481,098. That's an effective tax rate of 20.4 percent.

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The Salt
3:56 pm
Tue April 15, 2014

Behold Ukrainian Easter Art: Incredible, Inedible Eggs

Ukrainians have been crafting elaborately decorated eggs for thousands of years.
Konstantin Chernichkin Reuters/Landov

Originally published on Tue April 15, 2014 4:50 pm

As Nancy Shute reported in 2012, Ukrainians have for centuries practiced an ancient form of art, drawing intricate patterns on eggs using a traditional method that involves a stylus and wax.

It's called pysanky, and it's alive and well in Ukraine and Ukrainian immigrant communities around the world.

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The Two-Way
3:12 pm
Tue April 15, 2014

Saturn Might Have A New Baby Moon Named Peggy

The disturbance visible at the outer edge of Saturn's A ring in this image from NASA's Cassini spacecraft results from gravitational effects on ring particles by an object that may be replaying the birth process of icy moons.
NASA/JPL-Caltech/Space Science Institute

Originally published on Tue April 15, 2014 6:54 pm

It's not like Saturn needs another moon to look after — it's already got 53 officially, with nine more labeled as "provisional" (and those are just the ones we know about). But the tiny, icy object nicknamed "Peggy" could prove hard to resist.

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Author Interviews
2:33 pm
Tue April 15, 2014

Pakistan, The Taliban And The Real 'Enemy' Of The Afghanistan War

Children play at the demolished compound of Osama bin Laden in Abbottabad, Pakistan.
Aqeel Ahmed AP

Originally published on Tue April 15, 2014 7:42 pm

Carlotta Gall's new book opens in 2006, when undercover Pakistani intelligence agents punched her in the face, after breaking into her hotel room and confiscating her phone and computer.

It's just one example of how risky her job — covering Afghanistan for The New York Times — has been. Gall writes that over 12 years, she lost friends and acquaintances in suicide bombings and shootings and saw others close to her savagely maimed.

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Television
2:33 pm
Tue April 15, 2014

FX's 'Fargo' Is Neither Remake Nor Sequel

Originally published on Tue April 15, 2014 5:05 pm

Transcript

TERRY GROSS, HOST:

This is FRESH AIR. The FX cable network premieres a new drama series tonight. It's called "Fargo" and has the same title as the 1996 Coen brothers movie. Our TV critic David Bianculli says it's a wonderful show in that same wacky spirit, but he says it's just as important to note what this new "Fargo" is not. It's not a remake, and it's not a sequel.

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