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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 Jan. 22, 2013/ 11 Shevat, 5773

Obamacare strikes again

By Paul Greenberg




http://www.JewishWorldReview.com | "Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt."

--William Cobbett

What is it with this administration -- a general envy and resentment of success ("You didn't build that!") or just a general incompetence at anything to do with basic economics? Like the old and bitter truth that the surest way to make something scarcer is to tax it.

The administration's latest victim is the American medical-device industry -- the people who make everything from body-scanning machines to catheters to glucose meters, anything regulated by the Food and Drug Administration. Like pacemakers, defibrillators, artificial joints, heart stents, chemotherapy delivery systems. ... If a medical device helps folks, the tax on every sale just went up 2.3 percent.

Yes, this is another sales tax, not an income tax. Which means it'll ac tually take a much higher percentage of these companies' incomes. Which in turn means there'll be fewer new medical devices (it takes profits to finance research and development) and more pink slips. And soon enough, less revenue for the government itself as the whole industry shrinks, and taxable income with it.

Obamacare turns out to be the gift that just keeps on taking. And every new exaction always comes as a surprise to the unwary. Taxes that were just going to hit the very rich -- those envied and resented 1 percent -- have a way of hitting those who need help the most. Or just the 99 percent in general. (The payroll tax just went up by 2 percent for every American who draws a paycheck.)

This time the victims are those companies -- and their employees -- who make medical devices. The new, higher tax on sales of their life-saving products will mean more layoffs, more companies moving offshore, and more markets lost to foreign competitors. And this country's technological edge in producing new and innovative medical devices will be whittled away as their manufacturers have to cut back on their research and development.

This isn't the way our president talks during election years: "We've got a tax code that is encouraging flight of jobs and outsourcing. And that's why we've specifically recommended ... that Congress change our tax code so that we stop giving tax breaks to companies that are moving to Mexico and China and other places, and start putting those tax breaks into companies that are investing here in the United States."--Barack Obama, October 12, 2004. But it's not what the president says that hurts; it's what he does. Like pushing taxes that encourage job flight and outsourcing.

If there's a way to discourage invention and innovation, drive up costs, eliminate jobs, help foreign competitors at the expense of American businesses, and generally make this weak economic recovery even weaker, you can bet this president will find it.

And just wait till the feds get the final word on all these new state-federal health insurance exchanges. As when they decide which conditions to cover and which not. Call it a division of labor: The state can take the blame for anything that goes wrong with these hybrids of state and federal health insurance, while Washington can claim credit for anything that goes right.

This new tax on medical devices, which took effect as of the first of the year, is one of the endless provisions of the ironically titled Patient Protection and Affordable Care Act, aka Obamacare. Like so many of its other taxes, regulations and/or restrictions, this one isn't likely to protect patients or make medical care any more affordable.

Quite the contrary. Because it's a sure way to drive up the cost of everything in health care from artificial joints to kits that test blood-sugar.

The only discernible effect of this new tax on medical devices, as with so many new taxes, will be to increase their price and decrease their availability. By 2.3 percent. At least. So much for affordable care and patient protection. This administration seems to know as much about economics as it does about medicine -- just enough to be dangerous. There's nothing wrong with this president's imagination; it's his connection to economic reality that seems tenuous at best.

It's enough to make a body wonder if the masterminds who dreamed up this tax on medical devices have ever practiced medicine themselves, or started a company, or thought through these brainstorms before enacting them into law. The one law sure to apply in the case of this new tax is the law of unintended consequences, aka Murphy's Law. ("Anything that can go wrong will go wrong.")

The case for this latest tax on health care is another triumph of creative accounting, and another defeat for common sense. Since so much of Obamacare's small print has yet to be revealed, or even written, there's no telling how many more taxes, regulations and penalties are still in the works. Oh, joy. Nancy Pelosi did say we'd have to pass Obamacare before finding out what all is in it, and, boy, are we. Tax after tax after tax.

Paul Greenberg Archives

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.

JWR contributor Paul Greenberg, editorial page editor of the Arkansas Democrat-Gazette, has won the Pulitzer Prize for editorial writing. Send your comments by clicking here.

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