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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 Dec. 16, 2009 / 29 Kislev 5770

Free Stuff From Sam

By John Stossel




http://www.JewishWorldReview.com | I just got a free golf cart.


Actually, it cost me $6,490 — but the dealer, Colin Riley of Tucson, Ariz., points out that there's a $6,480 federal tax credit on such vehicles. Riley runs ads that say: "FREE ELECTRIC CAR.!"


Some consumers probably assume it's a car-dealer scam, but it's not. It's an Uncle Sam scam.


The tax code is outrageously complex and damaging in many ways, but it is made especially complex and damaging when congressmen use it "creatively" to manipulate us into doing things they deem "socially constructive." These are things that always bestow advantages on some politically connected manufacturers at the expense of others. After all, you were either planning to buy a golf cart or you weren't. If you were, the policy is unnecessary. If you weren't, you were induced to spend money on that product rather than something else. The unseen victim is whoever would have sold you the alternative product.


Such manipulation is at the heart of the entire "green" strategy.


The Wall Street journal reports that business is busy taking advantage of the tax credit. "Is that about the coolest thing you've ever heard?" Roger Gaddis of Ada Electric Cars in Oklahoma said.


I thought "free" golf carts were outrageous enough that the publicity would embarrass Congress into killing the tax credit. I thought the media would be all over it. But even though Riley has received thousands of calls for cars — and sold hundreds — he hasn't seen much media attention. The Journal commented, "You can't blame a guy for exploiting loopholes that Congress offers."

Letter from JWR publisher


In Florida, Tony Colangelo also sells subsidized cars. He said the golf-cart credit is — good for politicians:


"It's all (about) going green. They want all those gas vehicles off the street. They'd rather have the electric than anything."


The golf-cart boom follows an IRS ruling that many golf carts qualify for the electric-car credit. A credit is better than a subsidy since you keep money the IRS would have taken. Still, it is an insidious form of manipulation used to benefit some forms of industry at the expense of others.


Colangelo says: "I never, in my entire life, got anything back from the government, and I've always paid taxes. Why shouldn't the people who worked hard for their money get something back?"


Because government shouldn't be in the business of taking money and giving it back! That just gives the venal cretins more power over our lives.


After I drove the car onto my first Fox Business Network show last week, viewers wrote in asking how they could get one.


But others got the concept.


Sirsickofit writes: "People, please stop asking for information on the golf carts. … Stossel is trying to make a point!! If you purchase these carts you will be adding to the problems."


True.


I'd like my taxes (and government spending) cut, too, but I don't want a manipulative favor from government — I'll give my cart to charity.


The electric-vehicle subsidy is ludicrous not just because it is a form of industrial policy — which almost always picks losers — it's also destructive because it creates more pollution, not less. That's because much of the electricity needed for their operation comes from burning coal. As the National Research Council puts it:


"Although they produce no emissions during operation, they rely on electricity powered largely by fossil fuels for their fuel and energy intensive battery manufacturing."


In addition, check out the complexity of the credit:


"(1) $2,500, plus (2) $417 for each kilowatt hour of traction battery capacity in excess of 4 kilowatt hours. Section 30D(b)(1) limits the amount of the credit allowed for a vehicle to amounts ranging from $7,500 to $15,000, depending on the gross vehicle weight rating of the vehicle."


How many hours will accountants and tax lawyers waste over that?


Congress makes life worse every time it meets, and green hysteria sucks so many good things from the country.


Government is a meddling presumptuous pain in the neck. The sooner we get it to stop manipulating us through tax laws, the better.

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© 2009, by JFS Productions, Inc. Distributed by Creators Syndicate, Inc.

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