So rather than complain do you have a solution? Do you thinking making rich people poorer makes poor people richer?
Your question has a false premise.
How does increasing taxes cause poor people to show more initiative, drive and work harder? What exactly prevents a poor person from moving up in class, higher taxes? Does raising income taxes increase taxable income of a poor person? Solutions not more whining and complaining
The role of the U.S. Gov't is to provide for the common defense. Do you have any idea what percentage of the budget is spent on the military? As for tax cuts allowing people to keep more of what they earn has led to record tax revenues for the states and local gov'ts so why is that a problem for you? Deficits aren't caused by tax cuts they are caused by spending increase and in particular social engineering
You world view is seen through a particular lens. It's not the only lens available, and, in fact, it's one of the worst lenses available.
The huge tax cuts on the rich and corporations is causing Soaring deficits, which, ion turn, cause the government to either borrow and/or create fiat currency to make up the difference. Given that the poorer cannot hedge as well as the rich, the long range effect is to hurt the middle class and poor far more than the rich because the money to fund the government has to come from somewhere, and borrowing just encumbers future generations, and fiat currency eventually causes inflation, and given that the middle class and poor cannot hedge as well as the rich, the burden of that policy, the ultimate effect is to transfer of wealth from the middle class and the poor to the rich. It's the opposite of trickle down economics, it's trickle up economics. This is why wages are now flat, and have been for decades, yet the rich's wealth ands grown faster than inflation, and the rich's income has grown exponentially faster than inflation.
The problem with cutting entitlements is that many who need them, such as my 92 old mother who does not receive enough to live on, it will hurt her even more, and the millions like her who depend on entitlements. The only other way to fund the government other than borrowing money and/or creating fiat currency is to place a tax on where the money is, and where is it? The rich have it. That is where the money is. Giving them too big of a tax cut causes the above scenario, which is occurring now, and it's evil effects will be shouldered by the middle class and the poor in the months to come. So, instead of 8 spoonfuls of caviar, they will have to learn to enjoy only 3 or 4 spoonfuls. I think they will be fine.
You'll never grasp these things because supply side economics is based on a failure to grasp these things.
The way to create jobs is to allow the middle class to have more disposable income, middle class spending is the biggest engine of economic growth, and since corporations and wealth pay as little as the traffic can bear, the only way to raise incomes is to legislate it. This is why we need a minimum wage. Demand side economics, that is the key, the opposite of supply side.
Capitalism will devour itself if left alone to it's own devices. Socialism will collapse if left to it's own devices.
The better solution is to place the pendulum in the center. A strategic blend of socialism and capitalism. Capitalism for wants, socialism for needs. Each needs the other to be viable. This is why when the right, when the left wants more socialism, the right shouts "USSR" or "Cuba" or "Venezuela", but no one on the left is arguing for totalitarian anything. So, it's a strawman argument. As a progressive, I am not suggesting totalitarianism, which is what the USSR, Cuba, and Venezuela are.
For, in the center, that is the only place where the pendulum can rest.
