It doesn't make any sense to "increase the income tax rate from 35% to 39.6%, the dividend tax from 15% to a whopping 49.6%, capital gains tax from 15% to 2-%, and a death tax on estates from 0% to 55%" (2010, Frum Forum) while in recovery stage. If we keep more money from our income, we are more likely happy to spend it. If the government takes it - we can't spend it. And if we don't spend, we are holding back the growth of the economy.
References:
Double Dip Recession Fears Putting Scare Back in Market. Retrieved June 25, 2010, from Yahoo Finance.
The Coming Double Dip Recession. Retrieved June 25, 2010, from Frum Forum.
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