In this issue

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 March 5, 2009 / 9 Adar 5769

A taxing situation

By Cal Thomas

Printer Friendly Version
Email this article

http://www.JewishWorldReview.com | Class warfare costs, but not the people at whom the rhetorical mortars are aimed.

The drumbeat of anger by the many at the few who travel on private planes and live in big houses is having a negative effect on those who don't.

USA Today recently carried a story about conventions that have been canceled, at least in part, due to the public's negative reaction to seeing some people having a good time while they are not. Management fears condemnation from the public, so they cancel meetings rather than risk negative media attention and public scorn.

This might make some of the enlistees in the class war feel good for the moment, but it does not improve their station in life. It is not the rich who suffer in this war. It is the middle class.

The U.S. Travel Association, according to USA Today, says meetings account for "about 15 percent of all travel spending, creating 2.4 million jobs, $240 billion in spending and $39 billion in tax revenue."


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.

Incentive and motivational meetings generate 40 percent of the business at Marriott hotels, which reports a 12 percent decline. A spokesman blames this on the public vilification of meetings. Marriott says thousands of jobs have been lost due to reduced business. Presumably none of the newly unemployed fly on private jets or live in big houses.

When conventions don't meet, hotel rooms are unoccupied, restaurants are not patronized and wait staff do not earn tips, which figure prominently in their income. Las Vegas, alone, projects losses of $20 million this year from Fortune 500 clients who have canceled events, according to Las Vegas Convention and Visitors Authority CEO, Rossi Ralenkotter. Last month, State Farm Insurance canceled a convention it holds every three years to honor and reward its salespeople. As a result, 17,000 agents, and their spouses, won't be contributing to the economy (or government tax revenue).

It isn't that we don't know the outcome of the misguided policy of "soaking the rich." The last time it was tried was during the administration of George H.W. Bush. A 10 percent "luxury tax" passed Congress and was signed into law by President Bush in 1991 (he opposed its repeal in 1992). Its purpose was seen as a "way of proving that the 1980s glorification of greed and wealth were over," in the words of a 1993 Wall Street Journal story by David Wessel.

During that recession, sales of luxury cars and powerboats dropped significantly, resulting not in CEOs flying coach, but in the laying off of employees from boat and private airplane companies that build private planes and yachts. When the tax was repealed in the early days of the Clinton administration, many of those who had been laid-off were rehired as sales improved.

What was that about those who do not learn from history are doomed to repeat it?

The stock market reacts not to the past, but forecasts the future. With proposed income tax increases and a boost in the capital gains tax rate, the stock market has fallen at percentage rates last seen in the Great Depression. The elderly and those about to become older Americans are seeing their savings and investments built up over a lifetime wiped out. Where is the party of compassion? Can the elderly, who have increasingly voted for Democrats after being peppered with demagoguery that Republicans will end Social Security, wake up and realize that the more rich there are, the richer they become?

President Obama can cling to liberal ideology and appease the left-wing fringe of his party, or he can do like President Clinton did and reduce capital gains taxes (how about eliminating them at least for a few years?) and watch the markets respond, re-filling individual retirement accounts and rekindling hope that millions of Americans won't have to abandon their lifestyles and their independence and become dependent on government.

This isn't about politics. It is about doing what works. We know what works. The question is will the president and congressional Democrats stop worrying about the rich and start worrying about the potential for increasing the number of poorer people?

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.

Click HERE to purchase it at a discount. (Sales help fund JWR.).

Cal Thomas Archives

JWR contributor Cal Thomas is co-author with Bob Beckel, a liberal Democratic Party strategist, of "Common Ground: How to Stop the Partisan War That is Destroying America". Comment by clicking here.

© 2006, Tribune Media Services, Inc.