I'm going to give you a quote and then tell you who said it:
"Tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the tax rates. An economy constrained by high tax rates will never produce enough revenue to balanace the budget, just as it will never create enough jobs or enough profits." - President John F. Kennedy, 1963
He is the only democratic president who "gets it" - increases in tax rates will do nothing more than lower tax revenue. Now, guarnateed the tax rates in the 1960's were much higher than they are today but the philosphy is the same. By raising tax rates, you diminish people's desire to work harder and invest thus decreasing incomes and tax revenues. It's never been so simple but then most members of Congress don't have business backgrounds and there in lies a problem. Perhaps we should add to their list of requirements to be a Member first you must have at least met a payroll.
The House has passed the largest tax increase in our nation's history, the infamous "cap-n-trade" plan. Depending on whose numbers you look at, the energy bill, if passed, will tact on an additional $200 to $2000 per year in energy bills. While it's survival in the Senate is still uncertain, the one thing that is certain is it's another broken promise by this president who stated he would not raise taxes on "anyone making less than $250,000/year." Right and I'm the tooth fairy. Anyone who smokes cigarettes has already seen this broken promise with a cigarette tax and statistics show that this hits low income people the hardest (you know those making less than $250,000/year).
Liberal Democrats just don't get it. Raising taxes during a recession is an automatic job killer. Take the proposed tax hikes on the "rich" to pay for their socialized health care plan. This means more than a million small business owners will be affected by the plan. To raise taxes on small busineess which are the backbone of our economy, will only cause them to cut jobs. If passed, combined tax rates in 39 states will exceed 55%. I can give you 14.7 million reasons to cut taxes but they won't listen.
It's time to take back this country. We need to elect politicians who get it - lower taxes means more revenue, higher productivity, economy propersity, and increased investments.