People fall into the trap of thinking of things in broad terms like “taxes good/bad” or “regulations good/bad”. There are benefits and drawbacks for each individual tax/regulation/policy/etc. What is clear is that the government tends to work for the benefit of the rich, which is a natural consequence of the influence of money in politics, and we certainly need to do something about that, but the system will be heavily resistant to such efforts.
People fall into the trap of thinking of things in broad terms like “taxes good/bad” or “regulations good/bad”. There are benefits and drawbacks for each individual tax/regulation/policy/etc. What is clear is that the government tends to work for the benefit of the rich, which is a natural consequence of the influence of money in politics, and we certainly need to do something about that, but the system will be heavily resistant to such efforts.