If less money is being spent or invested, there is less income from
economic activity that can be taxed.
The secret sauce isn't in higher taxes, it's in increased economic
activity. And to achieve more economic activity, the government has to
be less greedy. And quit stealing from the Private Sector Economy.
Raising taxes is NOT a solution for failing GDP growth... economic
activity creates added "REVENUE" raising taxes created less GDP GROWTH
which results in less actual REVENUE for the U.S. Treasury.