"Stimulating" the Economy

The way Obama is doing it will not work. Taking money from one segment of the economy and giving it to another doesn’t “create new wealth.” It merely transfers existing wealth from one person to another. Raising taxes in a recession just makes the economy worse. Obama plans to allow Bush’s tax cuts to expire, which is, in effect, the biggest tax increase in years. He needs to lower the tax rate even more, which will stimulate business to make more money, and cause it to create more taxable income. That will increase the tax “take,” as it did when Reagan did it and almost DOUBLED the “tax take.” These are things the Democrats won’t admit because allowing people to keep more of what they earn doesn’t allow government to CONTROL things, and that’s what liberals are after, CONTROL. (Just common sense)