ijusluvit said, "It seems obvious that raising some taxes is a partial means by which we can reduce the deficit."

In reality, higher taxes can't reduce the deficit. This from the Democrats at the hard left Brookings Institute.

What if we raised taxes only on families with couples making more than $250,000 a year and on individuals making more than $200,000? The top two income tax rates would have to more than double, with the top rate hitting almost 77 percent, to get the deficit down to 3 percent of GDP. Such dramatic tax increases are politically untenable and still wouldn’t come close to eliminating the deficit.

http://www.taxpolicycenter.org/uploa...uts-debate.pdf