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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

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

Greg Crosby: Passing Over Religion

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

Cameron Huddleston: Freebies for Your Lawn and Garden

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

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

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

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

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

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

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

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review May 25, 2010 / 12 Sivan 5770

Big Brother picks your pocket

By Glenn Garvin



http://www.JewishWorldReview.com | White House tape transcription 16-05-10, 1600 hours, Oval Office. Present: President OBAMA. Vice president BIDEN. House Speaker PELOSI. Chief economic planners MALIA and SASHA.

———

MALIA: Daddy, it's great that you're raising everybody's allowance. But The Wall Street Journal says that the national debt is about to hit $13.8 trillion. How are you going to pay for that? Are we going to have to sell Bo?

OBAMA: Dammit, Joe, you're fired as the First Bedtime-Story Reader!

SASHA: Oh, Daddy, don't do that! We love Uncle Joe's scary stories — remember the one about how we were all going to die of the swine flu?

BIDEN: Girls, you forgot to tell your dad that the deficit story had a happy ending, where we raise taxes 25 percent to pay for everything.

OBAMA (snorting): Great idea, Joe. Why don't we just call the legislation the Tea Party Recruitment Act of 2010?

PELOSI: Mr. President, what if I told you we could raise everybody's taxes 25 percent and they wouldn't even notice?

OBAMA (intrigued): Is this like one of those Vegas hypnotist shows where the guy gets women to take their clothes off? Bill Clinton is always raving about those.

PELOSI: This is even better. It's called the value-added tax. Dick Nixon explained it to me.

MALIA Progressive politicians taking policy advice from Nixon — now that's a scary bedtime story!

Yes, boys and girls, a Nixon boogeyman has returned to haunt us, and the Obama administration summoned it back from the grave. For the past several weeks, White House henchmen such as Pelosi, Paul Volcker, John Podesta and Democratic Senate budget committee chair Kent Conrad have been talking up the value-added tax (VAT) as a way to resolve the debt crisis that they helped create.

The president has done nothing to discourage the talk. Asked directly about the possibility of a VAT during an interview with CNBC, Obama blandly replied: "That is something that has worked for some countries."

When Obama and other spend-first, ask-questions-later politicians say the VAT "works," what they mean is it permits them to enact voracious tax increases in nearly invisible ink. Unlike income tax, which shows up as a specific deduction on your pay stub, or sales tax, clearly marked on your receipt, the VAT is a stealth bomber that swoops in without showing up on the radar.

With a VAT, goods are taxed not just when a consumer buys them but at every single step of production. That pair of jeans you pick up at The Gap would have been taxed when the fabric was milled, when it was dyed, when it was cut, when it was sewed and when it was purchased wholesale by the store.

Now that pair of jeans you would have bought for $50 will cost $60. But because each tax payment was built into the price paid by the next business along the production chain, you won't really know that it's the government that jacked up your cost.

The subtleties of the VAT mean the government can collect staggering amounts of money — the Congressional Research Service estimates each percentage point of an American VAT would bring in $50 billion — with little notice from the public. When European governments started using the VAT, it was generally set at 10 percent or lower. These days it usually runs between 20 percent and 25 percent.

A federal VAT would impose on top of state and city sales taxes, which run over 10 percent in some parts of the United States. So your money — which was probably already taxed 25 percent to 28 percent as income — will now be hit by another tax of nearly 30 percent when you spend it.

The VAT was invented in France in 1948, which is why anti-tax lobbyist Grover Norquist likes to say that "VAT is French for big government." When politicians have such vast sums at their command, they come up with creative ways to spend them.

Before the VAT went into widespread use there in the mid-1960s, government spending in Europe's industrialized countries amounted to about 30 percent of their gross domestic product. Four decades later, it's 47 percent and climbing.

As much as Obama supporters may like the idea of handing over half of America's wealth to the government, they ought to think twice before unleashing this tax holocaust. One good reason is the VAT's political antecedents: Its first big U.S. advocate was Richard Nixon. (The thwarting of his plan is the brightest silver lining of the Watergate scandal.)

Another is that the VAT is as regressive as taxes can possibly come; poor people who largely escape income taxes will be hammered by such a giant levy on consumption. And a third is that imposition of a VAT would make Barack Obama the most notorious liar in the history of American politics. Remember his promise not to raise taxes on anybody earning less than $250,000 a year? Of course, Obama might be able to slip out of that by borrowing something else from Nixon. What was it he used to say? "That statement is inoperative."

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

Glenn Garvin is a columnist for the Miami Herald

Previously:


11/04/09: Have conservatives scored a stealth prime time drama?
08/27/09: Left's been out for blood, too
08/13/09: What's not being celebrated
07/31/09: Pay-or-play means more lost jobs
07/16/09: OAS turns a blind eye to violations by left
07/02/09: Nothing so shocking about this coup
06/22/09: Libs' darling strikes out
06/03/09: Yes, America should read Sotomayor's speech in context
05/20/09: ‘Bloody’ mission goes awry
05/07/09: The problem is they aren't just goofin'
04/30/09: Why can't students say ‘guns’ in school?
04/08/09: When non-U.S. citizens vote
03/2e/09: Of course the AIG bonus boys — the ‘best and the brightest‘ — deserve their loot
03/12/09: No choice in Free Choice Act

© 2009, The Miami Herald Distributed by McClatchy-Tribune Information Services

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