Basic fundamental needs such as infrastructure need to be supported by sufficient revenue. Like it or not, that means taxes and fees. This is not the 17th century.
I wholeheartely agree. We need tax revenues and plenty of them. No one is advocating elimination of taxes, only reduction of tax rates. Why would reducing tax rates return us to the 1600s?
Supply-side economics has been proven to be an utter failure, because tax cuts do not bring more government revenue.
A lot of economic geniuses--including some with Nobel Prizes--disagree. Advocates of reducing tax rates don't say that it always increases tax revenue, or that tax revenues alway increase to the same degree. The principle is that for every tax or fee, there is an optimal set point that maximizes revenue generated by that tax or fee. Raising that tax rate above, or reducing that tax rate below, the optimal set point will reduce the revenue generated. If the tax rate is set too high, then lowering it will increase revenue. If the tax rate is set too low, then raising it will increase revenue.
No serious economist (or economic student) argues that this is not so. What economists argue about (among other things) is whether any particular tax or fee is set at, above, or below the optimal set point to maximize revenue.
Which is enough in itself to argue about for generations, so…
I'll quit arguing economics before I get us all banished to the nether regions.
