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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 Dec. 15, 2011 / 19 Kislev, 5772

Poison Pill, Veto Bait and Social Insecurity

By Debra J. Saunders

Debra J. Saunders



http://www.JewishWorldReview.com | President Barack Obama injected a poison pill into his jobs/temporary tax cut bill -- a 10-year, 5 percent surtax on people who earn more than $1 million annually that was sure to be rejected as a job killer by House Republicans. The GOP House, in turn, injected veto bait into its version of the bill -- which passed Tuesday -- most notably a sped-up decision on the Keystone XL pipeline, which the Obama administration had delayed until after the 2012 election.

Washington has been on a high-sugar policy bender. Last December, Democrats had wanted to extend the Bush tax cuts only for those earning less than $250,000 -- at a 10-year cost of $3 trillion. The GOP wanted to extend the cuts for all earners -- which would bump up the deficit by another $700 billion -- lest a tax increase sabotage a recovery.

The Dems gave in, but to seal the deal, they won a one-year "holiday" in Social Security taxes that decreased workers' payroll taxes from 6.2 percent to 4.1 percent.

This year, Obama is doubling down. Even though Social Security is spending more than it takes in, the president wanted to shave workers' Social Security taxes to 3.1 percent of their salaries for 2012. That would have been $3,200 for workers earning $106,800. Obama even borrowed the GOP's old talking point in arguing that ending the tax holiday would mean that "middle-class families will get hit with a tax increase at the worst possible time."

To their modest credit, House Republicans extended the Social Security tax cut without expanding it. In the long run, this tax holiday is bad policy.

It severs the bond between what workers pay into Social Security and what they take out. As Charles Blahous, a Republican Obama-appointed trustee of Social Security and Medicare told National Public Radio, "this could be the beginning of the end of the idea that this is an earned benefit" -- the notion that Washington should not cut benefits because recipients paid for what they get.

Though many Republicans opposed the tax holiday, only 14 voted against the House bill. Rep. Jeff Flake, R-Ariz., was one of them. "Simply put," Flake explained, "we can't keep passing one-year extensions and promising to pay for them over 10 years." There's no way to compel future Congresses to comply. And: "If we don't have the courage to reform entitlement programs, we shouldn't be siphoning off their dedicated revenue."

Even the Democratic Senate has been lukewarm on Obama's millionaire squeeze. Already, the Senate has twice rejected legislation with lesser surtaxes.

As for Obama, he clearly is afraid to alienate enviros by approving the jobs-rich pipeline. His promised green jobs haven't materialized. On the jobs front, he doesn't have a trick up his sleeve. So he promises a tax cut today paid for by tax hikes tomorrow.

No worries. Only a few cranks will complain about the corrosive effect on public support for the Social Security system. Some will claim that they support the tax holiday -- but only for one more year.

Then it will be 2012. And it will be awfully hard to vote against a free lunch.

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.

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© 2011, Creators Syndicate

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