No country can tax itself into prosperity, contrary to the general public's belief. The higher taxes go, the more businesses lay off workers or shutdown and reduce tax receipts. Anyway, since countries aren't lending us money anymore, and so the FED is monetizing over $1 trillion of debt a year, we're all going to pay a whole lot more in terms of the inflation tax. And the inflation tax effects 100% of households. There is no free lunch.