The NObama Gummint wants to Socialize the economy... more hand-outs, more tax burden on fewer citizens.
If they want the economy to grow, they need to broaden the tax base as much as possible at the lowest possible tax rate.
We should have a National Sales Tax on the final retail purchaser. (It's been estimated that a sales tax would raise an additional $200B just from "underground" money which currently dodges taxes.)
The tax could exempt certain things... like unprepared food, maybe utility bills, maybe clothes under a certain price.
It could even have a Luxury Tax on high priced goods... like an extra 5-10% on the purchase of a Bentley or a yacht... if you've got that kind of money and choose to spend it that way, an extra tax is legitimate.
Lower the tax rates, spread the tax base, and foreign companies would FLOOD into America to make their goods... and EMPLOY AMERICANS!!!