I dont believe low taxes is the silver bullet that will get economy rolling again. Regulation and uncertainty is FAR more of a drag. Companies, especially small and medium sized ones, have no clue what Obamacare is going to do to their bottom line. They are going to spend the next 5 years looking for and testing ways to reduce their exposure to it. This will absolutely slow growth. Tax rates of all kids are being used as a political football and have been for 3 years. When a company doesnt know what their tax rate is going to be next year, they arent expanding this year. A friend of mine is a small business owner and needs 4 or 5 people for new contracts he earned. He has hired only 2 in the last year because he expects to see his tax rates go up and the added people will cut into his profit margin. Instead, he is stacking cash and sub contracting some of the more basic work.

I'm with Vtec in that I'm not totally against raising taxes, but that comes with a HUGE condition. Every state and especially DC need to get the spending under control first. Until there is an honest effort with real progress made on that front, no amount of taxation will make the slightest difference.