No one but conspiracy geeks and Paulestinians cares about Fred's "CFR connections." And tax increases are a weak weapon in this election cycle, given the binge spending of W and the Republicans in Congress -- I'd rather pay taxes than pay interest on the deficit, and many Americans feel the same. Of course, I'd rather cut spending and pay neither.
Then you are a economically illiterate. Tax hikes do not reduce deficits. Despite war and recession, our Fed deficit is currently lower now then it was for the 1st 5 years of the Clinton regime.