Taxation Without Representation

The high tax rates in America of the mid 20th century were for ending the great depression, fighting Hitler, Hirohito and others, war effort recovery and better schools and infrastructure (like Interstate highways) motivated by competition with and security threats from the Russians during the "cold war" of the 50s, 60s and 70s. After all, getting attacked by them would have undone all our effort at attaining peace and unmatched prosperity. So there you have it: the America we know and love was built on higher taxes!
Tax cuts lead to borrowing and harm the fabric of democracy. When the government borrows instead of taxes, we have to pay interest. The borrowed money is owed by Americans not yet born, making it taxation without representation. Once the government gets so far away from deriving power from the actual living governed, it spends money on things the American people will never see, like money disappeared on Wall Street or just simply vanishes. Without a trace. Never comes back into the economy. As the government get even farther removed, the Bill of Rights starts to make less sense and we accept the loss of actual freedoms we died for. Basic rights the government is there to enforce loses its mission to serve the governed and starts just protecting itself or persons unknown: mystery persons in charge of us we never vote for.
If we ever get out of the mess we're in, the future of America depends on a return to taxation with representation.