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Kutulu makes some excellent points.
It goes without saying that we could undoubtedly cut unnecessary government spending. What isn't so obvious is what exactly constitutes "unnecessary" spending. Still, say that we can significantly reduce government expenditures. Does that mean that we should shift the tax base to disproportionately affect the middle class? It seems to me that the ideal system would be a completely equitable one, where everyone gives an equal percentage of their income. Does it really make sense to reward those most able to pay taxes while punishing those that most need the money?
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