I think minimal taxes equals a night-watchman state with high social tensions and in the end, wealth being accumulated by the few lucky individuals. Higher taxes can be used to distribute some of the wealth for the poor.
This is ridiculous. How the poor are going to benefit, when a large part of the tax revenue is being spent on big corporations? The rich will get richer, as they have multiple avenues for tax evasion. The poor will remain poor, and the middle class will suffer from decreased purchasing power.