May 24, 2013
May 22, 2013
They launched the 'Arab Spring' but now yearn for the good old days of a strongman
May 20, 2013
Richard A. Serrano: Is Meir Kahane's assassin now a changed man?
Genetic copies of living people from embryos no longer science fiction
Jewz in the Newz by Nate Bloom :
The Kosher Gourmet by Cathy Pollak:
Jews Inducted into Rock Hall of Fame; Anton Yelchin co-stars in New "Trek" film; Kutcher (but not Kunis) visits Israel; Jewish TV Star Praises Jewish Rap Star
WARNING: This WALNUT CAKE WITH PRALINE FROSTING, perfect for afternoon coffee, is addicting
May 13, 2013
Rabbi Nathan Lopes Cardozo: Why the giving of the document that would permanently change the world could only be done in desolation
David G. Savage:
Church-state, literally? Supreme Court weighing public school graduation in a church
May 10, 2013
Rabbi Berel Wein: Be all that you should be
May 8, 2013
Peter Ford: Why China is welcoming both Israel's Netanyahu and Palestinians' Abbas
Obama administration quietly backs out of appeal over new contraceptive mandate
At Kerry-Putin meeting, US-Russia relations thaw --- a tad
The Kosher Gourmet by Leela Cyd Ross :
Almost too pretty to eat, this colorful salad with Sicilian inspiration will tickle the taste buds and delight your visual sensibility
May 6, 2013
May 3, 2013
Kids, kittens the Same?
With employee perks at struggling Internet pioneer Yahoo! it's hard to tell
Artificial kidney offers hope to patients tethered to a dialysis machine
April 29, 2013
Poland's new Jewish museum celebrates life, doesn't revisit Holocaust
Terrorism in America: Is US missing a chance to learn from failed plots?
Boston Bomber's 'Svengali' Revealed
Tiny satellites + cellphones = cheaper 'eyes in the sky' for NASA
April 26, 2013
Clifford D. May:
Defense in the Age of Jihadist Terrorism
Sharon Palmer, R.D.:
How to feel your best -- with plenty of energy, a healthy weight and optimal mental and physical function -- without driving yourself batty
April 24, 2013
Jewish World Review
Jan. 3, 2008
/ 25 Teves 5768
Mr. Ways and Means: Charlie Rangel, Closet Reaganite?
"I was in South Carolina recently and a guy brought me his grandson and said he was so excited to have the kid shake the hand of the chairman of the powerful Ways and Means Committee. And the kid grabbed my hand and asked, 'What was the Ways and Means Committee?' And the grandfather said, 'I don't know but it's awesome.' "
Charles Rangel, quoted in National Journal
ON THE EVE of the Democrats' capture of the House in the 2006 elections, Charles Rangel, the Harlem congressman, was asked if he would want to be addressed as Mr. Chairman. He replied, "I don't want to be treated any differently than any other world leader." He has a sense of humor as well as a sense of his place at the epicenter of the debate that will rage as the Bush tax cuts approach expiration in 2010.
At 22, Rangel was a high school dropout pushing a hand truck in Manhattan's garment district, but he also was a war hero the "since" in the title of his memoir "And I Haven't Had a Bad Day Since" means since Korea. By 30, he was a high school, college and law school graduate. At 77, the ebullient legislator has opened the tax debate with a proposal that suggests something startling: Regarding two matters, Rangel is a Reaganite.
Ronald Reagan opposed using the tax code "as a means of achieving changes in our social structure." Rangel in his 19th term, a man of House proprieties says "I don't think the tax code should be a substitute for the appropriations process in making social change." Social policy should be, he thinks, the province of "the standing committees." The question for tax writers "is not just what is fair and equitable but what is good for the economy." Furthermore, Rangel proposes reducing the corporate tax rate from 35 percent to 30.5 percent, a rate that still would be higher than the average corporate rate among major industrialized countries. Rangel would entertain arguments for an even lower rate if compensatory revenues could be found.
The rate actually should be zero, for three reasons: Corporate taxation discourages investment by reducing the return on capital; it is a hidden tax passed along to corporations' customers; it is double taxation because corporate earnings are taxed again as dividends. Still, it is heartening that the Democratic chairman of the tax-writing committee favors reducing corporate America's tax burden.
|FREE SUBSCRIPTION TO INFLUENTIAL NEWSLETTER|
Every weekday NewsAndOpinion.com publishes what many in the media and Washington consider "must-reading". HUNDREDS of columnists and cartoonists regularly appear. Sign up for the daily update. It's free. Just click here.
It also is heartening that Rangel bothers to define (sort of) a four-letter word that many Democrats, who rarely define it, treat as a four-letter word: "rich." At what level of income are people rich? It "certainly isn't $200,000," says Rangel, who insists that under his plan "very few people making under $500,000" would not get a tax cut.
Perhaps this is the compassionate liberalism of a Democratic Party that represents the rich: The conservative Heritage Foundation reports that Democrats hold a majority of the wealthiest congressional districts, and that half the richest households (single filers earning at least $100,000 and married filers earning at least $200,000) live in states where both senators are Democrats.
Rangel says his proposal is "revenue neutral" and would only "rearrange" taxes. Much depends on how the alternative minimum tax and the Bush tax cuts are dealt with permanently. In any case, there will be a load of compromising on the road to Rangel's horizon.
"It's embarrassing," Rangel says, "what we do to taxpayers" embarrassing that so many of them cannot perform their civic duty of paying taxes without hiring a professional preparer. And sometimes, Rangel says, "they owe more to the preparer than they do to the government." "I would erase the whole thing," he says, and begin anew by simply asking, "How much money does it take to run the damn government?" Then he would sweetly invite all the interest groups "to come in and defend their preferences." He thinks "a lot of people would have forgotten" why the preferences were granted, so the code might be partially cleaned up "by default." More of a Madisonian than a McCainiac, Rangel says, "I really think lobbying is a good goddamn thing." He surely knows, however, that tax reform can also be political reform. Reform should do what was done in 1986 simplify, paying for lower rates by closing loopholes. Serious simplification would, in effect, confiscate much of the intellectual capital of those lobbyists they are legion who live high on the hog by entreating Congress to tweak the tax code for the benefit of clients.
Such confiscation would be awesome.
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.
George Will's latest book is "With a Happy Eye but: America and the World, 1997-2002" to purchase a copy, click here. Comment on this column by clicking here.
© 2006 WPWG
Richard Z. Chesnoff
Frank J. Gaffney
Victor Davis Hanson
A. Barton Hinkle
Judge A. Napolitano
Cokie & Steve Roberts
Debra J. Saunders
J. D. Crowe
Ask Doctor K