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Business investment stimulates economic growth. The political rhetoric regarding the 2003 tax cuts IMO almost always ignores the tax cuts that were business friendly. Individuals share of the federal income tax revenues is much greater than the corporate share of federal income tax revenues. So I think it's important to distinguish between what businesses pay and what individuals pay.

With that stated, we've discussed income taxes for individuals ad finutem [img]/images/graemlins/smile.gif[/img]. There's obviously a point where income taxes are so high that people won't bother working thus less tax revenues and there's a point where taxes are so low government revenues will start to decline signficantly.