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Tom,
My concern is this: There are many, many in the US who are unemployed. Many more are just barely 'making ends meet' every month. If taxes go up, and these people are faced with the choice between paying their taxes and buying food for their kids, what will they do? If taxes stay the same, they will be faced with the same choice. If taxes go down, they might just have some room to 'breathe' and it will be a great message from those who levy taxes that government at least 'feels their pain' and maybe, just maybe, can use their influence in a positive way. Seems to me that any intelligent politician (assuming that there are some, of course!!) would be able to understand the economic situation in the US and act accordingly.