As much as I applaud and support cutting taxes, I'd rather see the govt. (fed, state, and local) cut these goofy regulations and paperwork, such as the type in which a business (prior) to starting has to file numerous reports on traffic impact, environmental impact, cultural impacts, etc.
I'd also rather see the feds pass the type of tort reform to prevent (or lessen) these crazy class action types of lawsuits, you know, the type in which anyone who has ever tried said company's product or service simply jumps on the gravy train regardless of whether or not there was any "damage" or liability.
In reality, a companies today would save much more in lowered liability insurance than they would by getting a five or ten percent tax decrease.
A great example of this was recently illustrated with the new "Sprint Arena" being built in downtown Kansas City. You see, the city had everything planned out. They began demolishing the buildings they needed to knock down for the new arena, and then it was time to begin excavating the site... Well, it seems that nobody ever actually put in a bid to excavate the site! That's right... The city began the project even though a major part of the project had never been bid upon by any contractors! The reason given in radio talk show interviews was because of the paperwork and bureaucrocy(sp?)
Mark