When it gets to that point, it's going to be beyond ugly.
Think of it this way; those really wealthy folks that are paying the majority of taxes already have found every conceivable legal loophole available to them as it is...and they STILL pay through the nose.
I'm hardly a 'Nattering Neighbob of Negativity,' but when push comes to shove, I'd quit earning a taxable income if I were them. ;)
We ARE heading down a slippery slope. The number of people "on the dole" these days is staggering. The amount of tax dollars currently directed at Health & Human Services looks like this:
The only thing gaining on that is the Ponzi Scheme known as "Social Security." And it's not even funded in actual dollars!