Let's talk about expected economic numbers....

My response to Beau.

There is no evidence that the low interest rates actually helped the economy. Indeed, from the point of view of savers and stock holders, they hurt. Higher interest rates historically require that higher dividends by paid. The increases under discussion just take us to normal historical levels. Anything beyond them would be excessive. Thee has been too much "everyone knows" economics of late, as well as both-siderism among people who feel they must take a bipartisan position. 

The reality is that higher taxes and more spending are good for the economy. While lower capital gains and high income tax rates give CEOs an incentive to cut labor costs, at this point we are well below rates where that would matter. We are not even at the Laffer Curve optimum (which is about 40%). That is the point where taxes raise the most revenue. The Laffer Maximum is even better. It is the rate at which wage theft by CEOs stops. About 67% That would be may target.