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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 Jan. 25, 2013/ 14 Shevat, 5773

How to guarantee the rich flee

By Deroy Murdock




http://www.JewishWorldReview.com | The only thing more stunning than the kleptomania of tax-hiking politicians is their unswerving faith that taxpayers, especially wealthy ones, simply will smile and surrender even more of their money. This fundamental misunderstanding of human nature is impervious to mounting evidence that taxpayers go where taxes are low.

French President Francois Hollande thought he could impose a 75 percent top tax rate and simply watch revenues flow into Paris like the Seine. Instead, actor Gerard Depardieu rushed into the loving arms of Vladimir Putin and Russia's 13 percent flat tax. Former French president Nikolai Sarkozy, of all people, reportedly may move to London to escape Hollande's thievery. (Potential fraud charges also may fuel Sarkozy's wanderlust.)

Last year, a record 1,788 Americans renounced their citizenship, mainly in favor of countries with lower taxes and friendlier political rhetoric.

Golf great Phil Mickelson generated headlines this week when he suggested that high taxes might drive him from California -- or perhaps America.

"There are going to be some drastic changes for me," Mickelson said.

"If you add up all the federal (levies), the disability, the unemployment, the Social Security, and the state, my tax rate's 62, 63 percent." Imagine keeping just 37 cents of every dollar you earn. Is that a fair share?

Before President Obama, Washington Democrats, and even some invertebrate Republicans boost taxes any higher, they should read "How Money Walks." Author Travis Brown demonstrates how Americans between 1995 and 2010 shifted some $2 trillion in wealth by abandoning California, Illinois, New Jersey and other high-tax states and unpacking in low-tax states like Florida, Nevada and Texas.

"After spending several years mapping and analyzing these data, one correlation keeps popping up: Income moves to where it is most welcome, tax-wise," Brown writes. "Money walks because opportunity talks."

As I observe in Brown's book, this reality is undeniable among the Empire State and its neighbors.

"I have identified the most compelling incentive of all," Paychex, Inc. chairman Tom Golisano wrote in the New York Post. "Move out of New York State." Golisano spent about 90 minutes transferring his vote registration, driver's license, and domicile certificate to Florida. "By domiciling in Florida, which has no personal-income tax, I will save $13,800 every day. That's a pretty strong incentive."

One-way traffic from the Empire State to the Sunshine State is so steady that Harrington Moving and Storage Inc. specializes in easing that exodus. "Our professionals work hard to ensure that you don't have to during your move from New York to Florida," boasts the Maplewood, New Jersey-based company's website. "You can rest assured knowing that your New York to Florida move will be smooth, relaxing, and seamless throughout."

Connecticut still is smarting over the relocation of hedge-fund manager Edward Lampert. With an estimated net worth of $3 billion, according to Forbes, Lampert was considered the fifth wealthiest man in the Nutmeg State. In August 2011, Connecticut increased taxes by $875 million, retroactively to that January. It cut the maximum property-tax credit from $500 to $300 and lifted its top state income-tax rate from 6.5 percent to 6.7 percent. Then, on June 1, 2012, Lampert moved his company, ESL Investments, to Florida. Lampert also took with him the $10.6 billion that ESL reportedly controlled at that time.

Supply-side economists Arthur Laffer and Stephen Moore found similar unintended consequences after New Jersey boosted its top tax rate from 6.35 percent to 8.97 percent. As they wrote in the Wall Street Journal, "Examining data from a 2008 Princeton study on the New Jersey tax hike on the wealthy, we found that there were 4,000 missing half-millionaires in New Jersey after that tax took effect." State deficits soon erupted like Jersey barriers beside a ditch.

From class-warrior-in-chief Barack Obama to sticky-fingered city councilmen, politicians always should remember that taxpayers are not oak trees. Shake them too hard, and they and their money soon will be gone with the wind.

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.

Comment by clicking here.

Deroy Murdock is a columnist with Scripps Howard News Service and a media fellow with the Hoover Institution on War, Revolution and Peace at Stanford University.



Previously:

01/18/13: Limitless and lawless bipartisanship

01/11/13: The most frightful environmental nightmare isn't

01/04/13: 'Fiscal cliff' leaves GOP dazed, confused and fractured

12/21/12: How sad that nearly every Democrat and too many Republicans cannot grasp a concept self-evident even to a Cuban Communist

12/07/12: A simple fact on which every American should meditate

11/30/12: GOP should hammer Left about racism

11/21/12: How Squanto became a Thanksgiving symbol

11/09/12: Obama's re-election bewilders

11/05/12: Actually, Obama is growing the economy

10/26/12: Romney's ignored Mitt-zvahs

10/19/12: Obama's most dangerous disappointment

10/12/12: About Behghazi, Obama lied, people died --- and few bother to cry (out)

10/05//12: Obama the exacerbater

09/28/12: Barack Obama, slacker-in-chief

09/24/12: Citizens or subjects? Candidates offer choice

08/17/12: Dems ignore own issues with Medicare

08/13/12: Speech Romney should give on Bain

07/20/12: Obama's green projects bleeding red

07/13/12: EPA, why fine oil firms over fantasy biofuel?

07/06/12: How about remembering Mexican victims of 'Fast and Furious'?

06/29/12: Health-care victory will give Obama headaches

06/22/12: Mitt Romney, get on bus

06/18/12: The 'racist' Florida vote purge obeys federal law

06/08/12: Scott Walker's win should propel big reforms, stiffen pols' spines

06/01/12: Regulators regulate, and that's a problem

05/25/12: WWII hero Karski to receive U.S. Medal of Freedom

05/18/12: Not the behavior of normal Americans

05/18/12: Spacemen to NASA: Cool it on global warming

05/04/12: Libs want to plunge the penthouse

04/27/12: Obama and company are pushing hard on the pedal for deadlier cars

04/20/12: We don't need no stinkin' budget?

04/14/12: New Reasons to Hate Obamacare

04/06/12: Team Obama plays energy policy for laughs

03/30/12: Twitchy Dems need to let workers put tax-cut money in retirement funds

03/23/12: Why not $100-an-hour minimum wage?

03/15/12: The real (high) cost of Obama's health care act

03/09/12: Race-baiting Dems oppose voter ID

03/02/12: Forget kids --- today's debt hurts adults

02/24/12: Dems arise against Obamacare

02/17/12: The voting dead are understated

02/10/12: Holder takes on 'racist' photo-ID cards: Prejudice is widespread --- even Obama backed them

02/03/12: On tax plans, Gingrich trumps Romney

01/27/12: Photo IDs can protect elections, let dead rest

01/20/12: Romney runs hot and cold on global warming

01/13/12: Economic freedom declines in U.S.

01/06/12: Time to yank off Mitt's mask

12/23/11: Boehner hands Dems a gift

12/15/11: The U.S. could learn much from Hong Kong

12/09/11:$687 billion is available to Congress free of strings

12/02/11: Obama criticizes Wall Street but takes money from it

11/18/11: Puerto Rico shows Washington the way

11/11/11: Take heed, America: In Ohio even left-wing unionists voted to repeal ObamaCare

10/28/11: Thanks, Netanyahu, for surge of hardened terrorists

10/24/11:The Obama Spend-O-Rama

10/17/11: Cain stakes his viable claim just by showing up

10/07/11: Green jobs are national scandal

10/04/11: Obama proudly declares class war

09/23/11: Obama wrong about ‘Do-Nothing’ Congress

09/16/11: Obama needs Ryan's vision on jobs

09/09/11: Reaganomics trounces Obamanomics

09/02/11: Labor leaders to Obama: Stop killing jobs

08/26/11: Pro-market Perry vaults over Romney in GOP race

08/19/11: Some rich Americans will not rest until Washington boosts their taxes

08/12/11: Hope, change and free birth control for all

08/05/11: Debt deal does virtually nothing

07/21/11: Dems pro-choice on abortion but little else

07/15/11: Debt deception: If only Dems were honest and GOPers were courageous

07/08/11: Congress' war on light bulb blows up





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