A few things one the highest tax increases in this country during peacetime was during Reagan.
http://www.nationalreview.com/nrof_b...0310290853.asp (national review not a liberal publication)
During W taxes were cut wealth grew and wages flat lined and unemployment has been steadily growing. Including the number that just gave up looking or those who could only find part time work but are now considered employed.
If putting a little extra money in peoples pockets makes them spend then the tax rebates should of bought a boom to consumer spending and it didnt. Because people are putting it in the bank or paying a bill.
Also over 50 percent of us companies dont pay income taxes. so you could lower the tax to zero and it wont mean shit.
My father worked for one of the largest health insurance companies in the world. They were constantly laying people off and putting more and more work on the people left. At the same time they were having banner quarters and the chairman gave himself almost a half a billion dollar bonus. so lowering taxes will create jobs because the companies will have more money is a myth.
People forget the government puts 200 million dollars to condoms that creates and keeps jobs. Someone has to give them out,someone has to supply them.Those people go out to lunch,shop at walmart. Same with fixing up the mall those people working spend and then it effects others. Or they build a road or give states money to keep cops working. Then the donuts guy doesnt have to lay people off because less cops are coming in for donuts and so on and so on.