Cannot understand

The Obama regime will raise our taxes on January 2011 to a level higher than any other time in history, including the sunsetting of the Bush cuts that spurred our economy after Bush took office. Since our economy is already in its death throes, the increases should just about finish us off.
History has repeatedly shown that raising taxes can kill the economy or kill a complete industry, whereas cutting taxes has always spurred the economy and increased revenues to the government. Socialist community organizer Obama said that he knew this, but that it "it is not fair" for higher income earners to get a cut while there are those less fortunate in America. The yacht tax broke the industry's back and caused buyers to leave buy out of the country. Cigarette tax causes bootlegging and is a hypocrisy (the governments want the revenue. It is the most heavily taxed consumer product and punishes the poor.) Liberals cannot or will not understand basic economics.