Taxes should be Significantly Cut

Point 1: Some taxes are justifiable and needed, but the current tax rates are terrible. The taxes we pay for public services with should come from the individual State and not the Country because the public services come from the State, so you would be paying for other's peoples' public services. And the taxes we pay for our social programs and our safety net should be almost completely eliminated. I believe in cutting taxes and spending. Not one or the other. And we should have our own safety net instead of relying on the Government to do that for us. And taxes do not improve overall standard of living because whatever you get out of taxes, you are still paying for it. The Wealthy have no moral obligation or duty to give back to the other people because they fund their life by providing high quality and low price goods. Point 2: Lowering taxes for the individual frees up money so that he or she can buy something and feel comfortable about it with no later regrets. And all of the Bush deficit talk was just Clinton's policies taking into effect. After 2003, the deficits decreased significantly. The rich not only invest in stocks and securities, but they buy multi-million dollar cars, houses, yachts, and much more. And a lot of that money they re-invest back into the business becuase it will make them more money. That is the one good thing about greed. It keeps business alive. And if the rich received tax cuts, they could either countribue to GDP by buying a big-ticket item or go invest in his or her business(s) which will help them by getting them more money, help the workers by having better working conditions, salaries, and a reduced risk of being laid off, and helps the consumer buy letting him or her have a high quality good at a lower price, which is very appealing in bad economic times. And again, it is not the Government's job to institute Social Programs or to build safety nets. Point 3: Like I said, you can use the sales tax during inflation. That would lower GDP, thus curbing inflation. I guess drop this tax. Point 4: I am not saying you should end Social Security, I said that it should be privatized (for businesses), and even then, it should be the employee's choice. And the businesses offering social security would not give it up because one, it does not waste their money, and two, makes sure their employees live a good life (yes, businesses care about their employees). Privatized Social Security would not only decrease taxes, reduce the deficit, and reduce Government aspending, but it would benefit the employees better than National Social Security because they can opt out when they are in a difficult financial situation and need money. Point 5: The property taxes penalize people with a lot of land. Poor or rich. A poor farmer with the same land as a billionaire would be paying the same in property taxes. It reduces agricultural yield. And the estate taxes (or inheritance taxes) are unnecessary for the same reason because they affect the poor and rich because all people inherit. And I said inheritance taxes, not estate taxeds. All pay taxes for inheritance. Point 6: If they are sold underground, by nature they are not paying taxes because that is the definition of underground selling. And excise taxes do not reduce likeihood that people engage in dangerous/poor behaviors because most of these behaviors are addictive, and they will buy the product no matter the price. And why do you think they repealed prohibition? Because prohibiting dangerous materials of that nature (not hard drugs, like alcohol or smoking) should not be prohibited or penalized by the Government. That is not their job, and they should not because it is unconstitutional. Point 7: It's not the tax cuts, it's the market speculation and Obama. The tax cuts again by nature free up money for businesses because they have more to spend. If their amount of money is over their current safety net, they will expand. There is a constant point on the safety net. It is not forever. When they expand, by nature again, they build more businesses, thus increasing GDP, hire more, this reducing unemployment and increasing GDP (because they have more money to spend), and it encourages more companies to do things like that, thus making a meaningful difference in the economy. And like you said, if the tax code was more efficient, it would increase foreign investment. Point 8: The current energy sources are fossil fuels, and it has been proven on numerous occasions that renewable energy is a lot less effective than fossil fuels. We should not be in a rush to move to renewable energy sources because it will cause a crushing recession and will slow travel down by over 95%, thus making the economy even worse. And the rich already pay more than their fair share in taxes, and the poor pay less than their fair share in taxes. Point 9: If the Government would reduce spending (which it needs to do), the current tax system would be outdated. And that quote you gave that said that the rich pay less taxes than the middle class is impossible because the current tax rates say otherwise. Contra: Sorry if this was a semi-lousy argument with no sources. I have a slight fever and forgot about my debates until it was almost too late. I will make my argument better and have a lot more sources for the next round.