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That which you incentivize you get more of. That which you tax you get less of.

Or, as Charlie Munger famously remarked, Show me the incentive and I'll show you the outcome.

This is why it's important to have a robust base tax rate. Plenty of headroom for incentives when they're needed

You could also have no "true taxes" and just print money and have everyone else pay for it in inflation (tax) to give handouts to incentivize what you want.

Right now we do both!

Yes! People, irrational and misinformed as they may be, respond to incentives.

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