Earlier quoted context omitted.
That is, in my opinion, by far the strongest argument for lower taxes. The money we (the US) do spend in education/healthcare/infrastructure is already poorly utilized, why would we want to spend more and end up like that? To simplify it dramatically with an example, I'd rather pay $3 on the toll road and $50k for a surgery myself than pay $10 in taxes towards the road and $100k in taxes towards the healthcare system…
Private companies can certainly hold their own when it comes to waste and incompetence. Government doesn’t have a monopoly on these things.
If a government entity wastes too much money, their budget is increased for the next fiscal year. There is no feedback loop to govern the waste.