I think you are dead wrong Richard.  I think universal health care, education and if necessary elder assistance are exactly what the richest nation on earth should be doing.  Not helping corporations and billionaires. 
I disagree with your 40% number.  My kid paid federal tax every year for his state dividend.  Every year.  Now I do think that 40% of corporations in the US do not pay squat in taxes.  And the richer you are the lower your percentage. Go fish.