Comment Re:two ways to solve the tax "scam" (Score 1) 1505
Increasing taxes increases revenue. Obviously.
It's sad how many intelligent people have been convinced otherwise.
The graph above also shows that the US has a corporate tax collection problem; relative to our tax rates we're collecting a lot less revenue than we should.
In contrast, Ireland, which has been touted as a model for low corporate tax rates (less frequently now that their economy has collapsed) was actually successful at collecting revenue at those rates.
Obama is completely correct in this case. So I doubt he will succeed.