Raising taxes won't work. It never has. You cannot tax a nation into prosperity. Cutting taxes works every time. Why? Raising taxes, f'rinstance a windfall profit tax, causes those companies that are taxed more to produce less because they aren't going to do anything unless they make money. Jobs are going to be lost.

Does anybody remember the 70% taxes in the late 70's? It was so bad that the media came up with the 'Misery Index'. When the next president convinced the opposing party to cut the taxes the money going into the government almost tripled.

The last tax cut, which wasn't nearly enough, helped the economy.

Does anybody remember the Luxury Tax of 1990 and all of the jobs that were lost because the rich went to other countries to buy luxury items? Florida was dramatically hit and congress soon repealed the tax. Things got better very quickly.