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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

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 Oct 4, 2011 / 7 Tishrei, 5772

Cain's 9-9-9 plan sounds good, but will it work?

By Byron York




http://www.JewishWorldReview.com | Herman Cain's supporters know their part by heart. On the campaign trail, at the point in Cain's stump speech when he begins to discuss his plan for economic growth, they're always ready to join the chorus: "Nine! Nine! Nine!"

They're referring, of course, to the Republican presidential candidate's proposal to throw out today's tax structure and replace it with a 9 percent income tax, a 9 percent business tax and a 9 percent national sales tax. Cain would eliminate capital gains taxes, the payroll tax and the estate tax.

For Cain, a Georgia businessman, 9-9-9 is a perfect platform. It's specific, but it doesn't bury people in details, like Mitt Romney's 59-point, 160-page plan. And it's not a vague promise like Rick Perry's look-what-I-did-in-Texas position. To a lot of voters, 9-9-9 is an enormously appealing proposal that is easy to grasp.

It's audacious, too.

"I had a kind of pivotal moment in this," says Rich Lowrie, the head of an investment firm in Cleveland who serves as Cain's top economic adviser. "I was with Mr. Cain and I asked him, 'How bold do you want to be?' and he leaned toward me with his big, booming voice and said, 'BOLD.'"

So bold it was. But is 9-9-9, for all its boldness, a good idea?

I talked with a number of conservative economic policy experts who don't want to take sides in the campaign and thus asked to remain anonymous. They found some important things to like in 9-9-9. They favor its low rates, and they like its elimination of various types of double taxation. Most agree it would stimulate growth and create jobs, at least in the short run.

But they have two serious objections. The first is that 9-9-9 might not raise enough money to fund the government even if it creates growth and federal spending is reduced. Over the years, the government has taken in tax revenues equal to about 18 percent of gross domestic product. "I'd be surprised if 9-9-9 raises as much money as current policy," says one expert. "I'd be really surprised if it raises 18 percent of GDP."

Cain's advisers have put together a detailed analysis, or score, to argue that 9-9-9 would be "revenue neutral," that is, it would raise the same amount as today's system. "We used 2008 as our baseline, and not accounting for any growth effect, it would have generated to the penny the same revenue," says Lowrie. So far, though, the numbers have not been crunched by many experts outside the campaign.

The second objection is that 9-9-9 would add a national sales tax on top of current income and business taxes, and would thus give Congress another tax to raise. Why couldn't 9-9-9 become 12-12-12? Or 15-15-15? The rates would still seem fairly low. "In the long run it leaves the door open for politicians with the wrong motives to push it upwards, and then we're stuck with something worse than what we had before," says a second expert.

"All taxes over time tend to rise to their highest sustainable point," says a third expert. "So one of the general things you don't want to do, if you're concerned about limiting the size of government, is to introduce a whole new type of tax on top of the current structure."

Lowrie rejects the argument. First, he points out that 9-9-9 would eliminate some major taxes, like the payroll tax. As for the sales tax, he argues that some politicians will always want to raise taxes, and "I don't think they would be any more likely to raise this." Finally, he believes that citizens' movements like the tea party will keep up the pressure against tax increases. Still, the fact remains that under 9-9-9, there would be a new tax on top of existing taxes.

Recently Cain's team came to Washington to explain the plan to conservative economic analysts at Americans for Tax Reform, Club for Growth and other institutions. Those experts are starting from scratch; they haven't really seen anything like Cain's plan before. And for all the problems they have with it -- they're also flummoxed by Cain's inclusion of "empowerment zones" for inner cities -- they still admire Cain for trying to find a new solution to today's problems.

"It's not an entirely coherent set of proposals," says a fourth expert. "I do worry about the end game. But I hate to rain on it because there's no perfect tax system in the world, and this is another person stirring the tax reform debate, and that's a good debate to have."

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 on Byron York's column by clicking here.


Previously:




09/27/11 Media bias 101
09/20/11 Obama plagued by Dems' ingratitude
09/13/11 Will immigration cripple Perry's bid?
09/06/11 Left paints the campaign as a religious war
08/30/11 Keep your health plan? Don't count on it
08/24/11 GOP operatives fear lasting Ron Paul problem
08/16/11 Michele Bachmann and the ‘submissive’ question
08/09/11 Obama partisans ignore facts when bashing Bush
08/02/11 When partisans fling charges of partisanship
07/26/11 Obama could be comeback kid if he heeds Clinton's lessons
07/19/11 Book casts doubt on Obama healthcare story
07/12/11 Controversial budget law begins to pay off
07/04/11 Anti-Mormon bias persists, notably among Dems
06/27/11 Huntsman tries McCain model, but he's no John McCain
06/06/11 Amid media circus, Palin lays out policy positions
05/30/11 GOP condemns Dems' ‘breathtaking’ refusal to produce budget
05/24/11 Eye-for-an-eye filibuster stops Democratic nominee
05/17/11 Amid RomneyCare fight, voters ask: Where's Mitt?
05/10/11 Bin Laden coup won't help Obama in budget fight
05/09/11 Inside the GOP debate: Pawlenty underwhelms, Cain struggles, Santorum scores
05/02/11 Huckabee decision will shape GOP presidential race
04/27/11 Get ready for game of chicken over debt ceiling
04/25/11 McCain: Libyan rebels seek U.S. recognition, might pay for war costs
04/18/11 Have the U.S. and NATO given up on Libya mess?
04/11/11 Reforming entitlements is key to a strong military
04/05/11 Jihadis Who Killed Americans Get U.S. Support in Libya
04/04/11 Unions deploy money and muscle in Battle of Wisconsin
03/30/11 Labor fight in Wisconsin is far from over
03/28/11 Obama fails to grasp the gravity of going to war
03/21/11 Union equates lavish benefits to black civil rights
03/15/11 GOP should heed lesson of 1991: No guts, no glory
03/14/11 GOP focuses on NPR's subsidies, not its politics
03/08/11 While Obama seeks new ideas, his bureaucrats stifle them
02/28/11 Why the GOP shouldn't fear a government shutdown
02/22/11 In Hawaii, a dispiriting glimpse of one-party rule
02/21/11 Obama team uses slippery words to tout budget
02/15/11 Myth and memory: The battle over Reagan's legacy
02/07/11 Invoking Reagan, Palin says ‘this is a time for choosing again’
01/31/11 With each passing year, Reagan grows larger in the American political imagination
01/24/11 House GOP begins long drive to dismantle Obamacare
01/17/11 GOP gears up again to strip NPR of federal funds
01/10/11 To House GOP, illegal immigration is a jobs issue
01/03/11 Obamacare mess is legacy of Dems' moment of power
12/27/10 Smiling Dems will soon cry ‘Washington is broken’
12/20/10 Dems are earmark junkies but GOP goes straight
12/13/10 Needed: A ‘more presidential’ Palin
12/06/10 With Dems in a funk, Obama charts a new course
11/29/10 Obama's poll numbers point to his defeat in 2012
11/22/10 Holder ignored risks of civilian terror trials
11/16/10 Dems love facts and science --- except when they don't
11/08/10 Obama, new GOP lawmakers are on collision course
11/01/10 New GOP star on track to defeat Dem legend Russ Feingold
10/26/10 If Dems lose, Obama will blame everyone but himself
10/19/10 Profligate Congress should read its own bills
10/13/10 Why Big Labor couldn't match Glenn Beck's rally
10/11/10 Trash-talking Democrat faces defeat in Florida
10/05/10 A GOP unknown in striking distance of Barney Frank
09/28/10 Administration inflates green-jobs numbers
09/20/10 In Delaware, GOP should target Dems, not O'Donnell
09/14/10 GOP Insiders Wary of Landslide Predictions
08/31/10 For Obamacare supporters, judgment day approaches
08/23/10 Obama has himself to blame for Muslim problem
08/17/10 Cut spending without cutting services? Start here
08/17/10 For Michelle Obama, extravagance dents popularity
08/09/10 Obama's zealous civil rights enforcer gets busy
08/02/10 A battle between Left and Right --- inside the GOP
07/26/10 GOP spoiling for fight over Berwick appointment
07/20/10 How long will the public tolerate Afghan war?
07/12/10 NASA's Muslim outreach: Al Jazeera told first
07/02/10 Legal complaint against Gore is detailed, credible
06/28/10 Obama and Dems heading for electoral disaster
06/21/10 Who told Obama drilling is ‘absolutely safe’?
06/14/10 Billions for ‘green jobs,’ whatever they are
06/07/10 Sestak a no-go for any job. So what was the deal?
05/31/10 As economic worries worsen, White House puts on the glitz
05/25/10 GOP dilemma: Fight Kagan, or go along?
05/11/10 Enforcing nation's immigration laws would be a bargain
05/03/10 How Obama could lose Arizona immigration battle
04/27/10 What's behind the anti-Tea Party hate narrative?
04/20/10 As government expands, beware the post-office example
04/19/10 Who wins in 2010? Good luck reading tea leaves
04/12/10 GOP Obamacare strategy: Try repeal, then cut
04/05/10 Obamacare was mainly aimed at redistributing wealth
03/30/10 Message to Dems: People still don't like Obamacare
03/23/10 The coming consequences of Obamacare
03/16/10 Marco Rubio and the Republicans who love him
03/15/10 GOP hopes town halls take health care off table
03/08/10 Dems turn risky health vote into manhood contest
03/01/10 Why Obama defies the public on health care
02/22/10 South Carolina mulls 2012: Romney? Palin? Huck?
02/16/10 GOP winning war over Miranda rights for terrorists
02/09/10 Who are the 300 terrorists held in U.S. prisons?
02/02/10 Is Obama dissatisfied with being president?
01/19/10 The Republican dilemma: Good Michael or Bad Michael?
01/12/10 Now the lawmakers are figuring out what they didn't know
01/05/10 GOP deserves blame for Democratic excesses
12/29/09 Dems' dreams of a blue West begin to turn red
12/22/09 Why Dems push health care, even if it kills them
11/30/09 Dems' kamikaze mission: Health care by New Year's
11/23/09 Why it's a mistake to bring Gitmo prisoners here
11/16/09 Dems' slick fix: $210 billion of fiscal restraint
11/10/09 Obama can't be community organizer for the world
11/02/09 At key moment, Obama leaves health post unfilled 10/26/09 ‘Fierce urgency' for jobs, not health care’
10/12/09 Facts hurt Jennings in youth sex controversy
10/05/09 Amid terror threat, Dems chip away at Patriot Act
09/27/09 In Afghanistan, let U.S. troops be warriors
09/21/09 Under fire, Democrats abandon ACORN in drove
09/14/09 Dems stifle Republican health care plans
09/08/09 For Dems, a serious Charlie Rangel problem
09/07/09 Obama's speech: Wrong setting for a sales job
09/01/09 What happened to the antiwar movement?
08/24/09 Why Dems may jam through health care plan
08/17/09 GOP thinks the unthinkable: Victory in 2010
08/10/09 The empty words of a journalist turned flack
08/03/09 Probe finds new clues in AmeriCorps IG scandal
07/27/09 Obamacare haunted by unkept promises of stimulus
07/20/09 Why the GOP failed the Sotomayor test
07/13/09 What the GOPers will ask Sotomayor
06/29/09 Serious questions remain for Mark Sanford
06/22/09 How GOPers can crack the AmeriCorps scandal
06/16/09 Worried about Sotomayor? Consider Andre Davis
06/08/09 Can Mitch Daniels save the GOP?
06/01/09 When the Dems derailed a Latino nominee
05/26/09 Why the GOP will defeat Obama on healthcare
05/19/09 Rosy report can't hide stimulus problems
05/12/09 The Reagan legacy is the man himself
05/05/09 Sen. Specter, meet your new friends
04/27/09 Ted Olson: ‘Torture' probes will never end
04/20/09 Who's Laughing at the ‘Axis of Evil’ today?
04/14/09 Congress needs Google to track stimulus money
04/06/09 Beyond AIG: A bill to let Big Government set your salary
03/30/09 On Spending and the Deficit, McCain Was Right
03/24/09 It's Obama's crisis now
03/17/09: Geithner-Obama economics: A joke that's not funny



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