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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 Feb 24, 2012/ 1 Adar, 5772

Giving With One Hand and Taking With the Other

By David Limbaugh




http://www.JewishWorldReview.com | So we should all be grateful that President Obama is just now coming out for a corporate tax rate cut? But does anyone really believe he's had a supply-side epiphany?

That this is an election year surely wouldn't have anything to do with his apparent change of heart, would it? He's been president for more than three years, and Republicans have been clamoring all that time for a reduction in the world's second-highest corporate tax rate. So don't you think that if Obama truly favored this, it would have happened long ago?

But there's something more cynical about Obama's new proposal. It wouldn't operate as advertised.

As we get closer to the 2012 general election campaign, Obama wants to be positioned to compete with the eventual nominee on this issue. Newt would cut the current 35 percent rate to 12.5 percent. Romney would reduce it to 25 percent. And Santorum would reduce it to 17.5 percent for all corporations except domestic manufacturers, which would be exempted from the tax.

Obama calls for a modest reduction, to 28 percent, which would still be reason to cheer coming from him, but it's not quite that simple. Underneath the smoke and to the side of the mirrors, we find it's just another ploy to empower Obama to pick the winners and losers.

He pretends he'd merely be leveling the playing field by "closing loopholes," which for him is code for eliminating legitimate deductions. So with one hand, he would extend corporations their tax rate reduction, but with the other — the one donning the magician's white glove — he'd grab it back by eliminating the deductions — I mean sinister loopholes — for the evil corporations he's made a practice of demonizing and bullying the past three years.

With his magician's sword, he would stick it to — surprise — the insurance demons, the oil and gas monsters, and those evil owners of private jets, as opposed to the ones he, his family and his dog fly — sometimes separately, no less, in the interest of racking up their carbon footprint while ordering the reduction of everyone else's.

Who would be outside his sword's reach? Why, his green-energy cronies, of course, who would receive preferential tax incentives to encourage them to invest money in ways no non-subsidized entrepreneur would dare.

There will be no accounting for his most recent botched magic show, in which Solyndra and other clean-energy donees made off with goodies from his stash based on his bogus promise of creating permanent jobs and growing the economy. No, he will just pat himself on the back for his good intentions, expect us to forget that he created virtually no permanent jobs and that the ones that were created often cost millions of jobs apiece. Then he'll do it all over again, demanding we bow down and praise him for his monarchical largesse.

Obama also has something in his trick bag for multinational corporations located in the United States — something they probably wouldn't like too much: He'd tax their foreign earnings more heavily, which could very well induce them to high-tail it out of the United States or just sell out to a foreign buyer, thus defeating the alleged purpose of raising more revenue.

Sen. Orrin Hatch said the president's plan is "a set of bullet points designed more for the campaign trail than an actual blueprint for fixing our tax code." That's being charitable. For though Obama is billing his plan as a corporate income tax reduction, it just so happens that he plans on it raising $250 billion of revenue over the next decade.

Lest you still believe Obama has become a tax cutter overnight, let me also remind you of his other little scheme to increase the tax rate on corporate dividends to 39.6 percent. When coupled with the phased-out deductions, the effective rate could reach 41 percent. And that's not counting a 3.8 percent investment surcharge from Obamacare, bringing the rate up to 44.8 percent — nearly three times the current 15 percent rate.

As usual, Obama claims this tax hike would apply only to the wealthy, but as The Wall Street Journal's editors tell us, corporations have historically responded to these tax rates by increasing dividends when they're lowered and reducing them when they're increased. So in the name of punishing the rich, he would be trickling down the misery to those same people he claims are benefiting from his latest $40-a-month payroll tax extension. As I said, he gives with one hand and takes with the other — all in the name of compassion and good intentions.


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David Limbaugh, a columnist and attorney practicing in Cape Girardeau, Mo. Comment by clicking here.

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