There's a big, public debate going on right now about whether or not to keep the "Bush era" tax cuts. The Democrats are claiming that anyone making more than a quarter of a million dollars a year should be taxed more to close the national deficit and the Republicans are claiming that these are the very people who need the money to create jobs and kick start our economy. By the way, they've been trying to kick start the economy for a couple of years now, even after they spent hundreds of billions or even trillions bailing out the mega banks and corporations.
As you may have guessed, I believe we should do more than just keep the "Bush era" tax cuts. I think tax cuts should be expanded. In fact, I think the income tax should be completely eliminated. It can be shown by looking through history that more government causes greater economic stress. It can be shown that fiat money systems inevitably collapse. That's because they are nothing but ponzi schemes. All the money flows to the top of the pyramid, the people who set it up. When it collapses, those at the bottom get hurt, those at the top still have all the money.