[sickoflibs]

RE :”I don't have all the answers, but it has been shown that decreasing the tax rate increases economic activity among the people that the tax effects. Conversely, raising taxes decreases such economic activity. In simple terms, people see no need to buy and raise a cow for milk when the government steals 50% of the milk and gives it to someone else that is too lazy to raise their own cow.”

And running huge deficits creates a hidden inflation tax, a tax on savings and future consumption. On the other hand raising any (real) taxes under Obama is not likely to help either, as they will just spend it. You are right, there are no good answers.

If you invest to protect from inflation, they tax that too.

[meyer]

You are right, there are no good answers.

Well, there is one good answer - Cut Spending!!