You hit the nail on the head, but you're being what my daddy used to call "too smart by half".  We don't have a revenue problem...we have a spending problem, which has been exacerbated by the current administration. 

And why do you keep calling it "my theory"?  I certainly didn't originate the concept of the Laffer Curve.  All I've done is to present evidence that it DOES WORK and HAS WORKED every time it's been tried.  Yes, there is a point of diminishing returns, but the concept is sound.  Raising taxes on the job creators in a recession is the worst thing Congress could do right now.  At this moment, there are companies literally sitting on $837 billion in cash reserves earning almost no interest (and doing NO HIRING) because they're not sure what this regime is going to do next.  The market does not like uncertainty, and continuing the Bush tax cuts for EVERYONE would result in less uncertainty and more jobs.

Regards,
Scott Perry