 |
|
April 21, 2014
April 18, 2014
Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology
John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain
The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious
April 14, 2014
Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time
Eric Schulzke: First degree: How America really recovered from a murder epidemic
Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships
Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin
Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate
Justin Caba: Eating Watermelon Can Help Control High Blood Pressure
April 11, 2014
Rabbi Hillel Goldberg: Silence is much more than golden
Susan Swann: How to value a child for who he is, not just what he does
Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer
Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You
April 9, 2014
Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?
Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau
Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau
Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease
April 8, 2014
Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease
Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear
April 4, 2014
Amy Peterson: A life of love: How to build lasting relationships with your children
John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet
John Ericson: Why 50 million Americans will still have spring allergies after taking meds
Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves
April 2, 2014
Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?
Frank Clayton: Get happy: 20 scientifically proven happiness activities
Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene
|
| |
Jewish World Review
April 18, 2006
/ 20 Nissan, 5766
That post-Tax Day headache will be significantly stronger after reading this
By
John Stossel
| 
|
|
|
|
http://www.JewishWorldReview.com |
How was your Monday? Did you file your tax return with a smile, looking forward to the refund check from Washington and forgetting that it was your money in the first place? Even if you wrote a big check, I bet you don't recognize just how heavy your tax burden is.
In 1904, government, federal and state, cost every citizen $20 per year, according to a 1999 Tax Foundation study. Don't blame inflation — that only brought it to $340. For more than 150 years after we declared independence, we spent less than $1,000 each on government. Yet by 1999, government cost every man, woman and child an average of more than $10,000 per year — more than housing and health care combined. The price went down a little after that, but then it started climbing again.
You probably don't know how much you pay, because the government is sneaky about how it taxes you. Paying withholding taxes each pay period dulls the pain of the income tax — it's money you earned, but it's never in your hands — and a hundred other taxes are hidden. For my TV special "John Stossel Goes to Washington," we followed St. Louis construction worker Bill Thurston and totaled the little-known taxes he paid daily. It started with the tax on the electricity that powered the alarm clock that woke him. Bill paid two taxes on his toothpaste. He paid a tax on water to get it into his home, and a sewer fee so it would go out. Daring to drive to work cost him more: He paid personal property tax on his truck; he had to pay sales tax when he bought it. And when he bought the gas, there was a county gas tax, a state gas tax and a federal gas tax.
At work, Bill gets stuck with local income tax, state income tax, federal income tax, Social Security tax and Medicare tax. Bill's boss needs two employees just to calculate how much to withhold from paychecks, and while their salaries don't go to the government (except for local income tax, state income tax, and so on), that's money Bill's employer can't spend on developing his business or giving Bill a raise.
Because Bill's wife works, the Thurstons pay a marriage tax of $1,000 a year. Then there's the grocery tax, property tax, utility tax, FCC tax and a county tax on the cable TV, and a whole bunch of different taxes on the phone. And if after paying all these taxes Bill and his wife want to relax with beer or cigarettes, there are sin taxes on those.
Why should government cost us more than shelter? Political scientist James L. Payne examined the record of 14 congressional appropriations hearings and found that of 1,060 witnesses who testified, only seven spoke against spending money, while more than a thousand testified that the spending — whatever it was — was necessary. Even a politician who believes in limited government has a tough time resisting a constant onslaught of "needy" people saying, "This program is crucial!"
The testimony is lopsided because of the "concentrated benefits-diffuse costs" problem: The benefits of any given government program go to a few, but the costs are spread among many. If sheep and goat ranchers get $200 million in handouts, it costs each of us less than $1. What are you going to do about that? Go to Washington and protest? For a buck, you probably won't even write your congressman, let alone take him out to dinner or give him a $2,000 campaign contribution. Yet the sheep ranchers have an incentive to spend $199 million lobbying if it gets them a $200 million subsidy back. Economists call it rent-seeking.
Of course, even the sheep ranchers would be better off if the government stuck to its basic purposes. But it makes no sense for them to pay for everyone else's programs and not demand their own.
The big bill came Monday. But see if you can catch all the taxes you paid today.
Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
STOSSEL'S LATEST
Give Me a Break
Stossel explains how ambitious bureaucrats, intellectually lazy reporters, and greedy lawyers make your life worse even as they claim to protect your interests. Taking on such sacred cows as the FDA, the War on Drugs, and scaremongering environmental activists -- and backing up his trademark irreverence with careful reasoning and research -- he shows how the problems that government tries and fails to fix can be solved better by the extraordinary power of the free market. Sales help fund JWR.
|
JWR contributor John Stossel is co-anchor of ABC News' "20/20." To comment, please click here.
Archives
© 2006, by JFS Productions, Inc.
Distributed by Creators Syndicate, Inc.
|
|
Columnists
Toons
Lifestyles
|
