[quote name='Msut77']"The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."
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"the expense of defending the society, and that of supporting the dignity of the chief magistrate, are both laid out for the general benefit of the whole society. It is reasonable, therefore, that they should be defrayed by the general contribution of the whole society, all the different members contributing, as nearly as possible, in proportion to their respective abilities."
Cuts in tax rates were/are sold as (more or less) for the public good, good for the economy and usually a boon for investing and the savings rate.
What it has brought is massive income inequality and endless investment bubbles, because like I said before the only thing it really does is allow the super rich to buy more influence and then lobby for example more tax cuts or lax enforcement of current tax laws.
Since the only other real option is to tax the lower and middle classes more... I guess one would ask you the same thing like spaz pointed out. There is no doubt that some collecting that kind of money worked fairly hard but we are talking about in this example 20 million a year, give me a break.
Might? And yes there are other reasons that make it right.[/QUOTE]
The only real option is to tax the middle and lower classes? how about cutting some of the

ing ridiculous spending? No, no that can't be an option.
You know I think I'm going to steal the "America is addicted to oil" slogan, and say "America is addicted to spending". We cannot stop spending, if you cut this program, these poor people will suffer. If you cut that program, this person wont get a raise!, if you try to cut anything you people bitch. It really is easy for Congress to spend someone else's money, and you people sure are delighting in it as well.
This is not an argument to get rid of all taxes, because everyone knows the government has its place. The government needs to know where that place is, and reside in it because they are overextending themselves, and getting involved in areas they should not be touching.
Also your argument that the rich can handle it is flawed. I am still waiting to hear if you guys think the government should take all money in the U.S. and give us each $50,000 a year. We can all afford to live on that right? and the government can take the rest and make life wonderful for us!