2012 U.S. Presidential Election

[Beskar]

...which is why taxing even more without closing the loopholes is worthless.

Agreed. Attempting to close the loop-holes and attempting to do some amnesty "tax corrections" (taking short-term 'loss' from total amount they should be receiving from Tax-dodgers in-exchange for long-term compliance) might balance the budget out so higher taxes are not needed.

Probably to the point where income tax could probably even be considered...

I do believe in a good budget, and there should be a healthy influx of cash which should cover the budget plus small surplus. So having a budget which is well managed is actually the key which can provide for stable taxation. I don't think GC is all for raising taxes for the sake of raising taxes, I don't think anyone actually is. I think it is more the responsibility should fall upon the wealth-creation industries to provide for it (since they have the best means to do so).