Give me a good example of a developed country with generally happy citizens who pay less taxes than we do, then we can use that country as an example of how a low tax society could work without failing spectacularly. Barring that, it might be possible that the libercrazian no/low-tax country might still work; we just have no evidence and/or experience that it does.
Whenever I hear Americans complain about taxes, I play a sad song on a very tiny (invisible) violin in my hand.