I never said we should raise taxes. Personally, I thought we should do no harm. Take a look at Perdue’s veto message regarding HB481 in my most recent post. I thought he made some very good arguments.

Also, and I’m gonna shock you here…I don’t like paying taxes. I don’t think they’re the answer to every problem.

Now, the question about spurring economic growth…I’ve got a whole bunch of theories on that that I’d love to bounce off you, because you seem passionate about the issue.

Tax revenues nationwide have dropped. Why? Because states, cities, and countries tax economic activities. Right now, the country as a whole is seeing a drastic drop in the level of economic activity as businesses lay-off, trim their fat and save instead of investing.

What’s misleading is that your answer is to raise tax rates. Intuitively, if the problem is a lack of economic activity, you don’t do something that further decreases economic activity – oh, like INCREASING TAXES.

Furthermore, the highest level of tax revenue the United States has taken in was in 2007 – after 4-5 years of the LOWEST tax levels in the past 60-70 years.

http://online.wsj.com/article/SB117867077879196610.html

Lower tax = more economic activity = higher tax revenue and more jobs. Go back to school, kid.