Usually, tax cuts improve the economy and increase revenue(Laffer curve), but I am not so sure this time. The business climate is so bad, with so many new agencies able to author arbitrary economic restrictions, tax cuts alone may not pull us out of the doldroms.
We are close to being in a depression, and we must look at the reasons why investors are not investing in America. Business Tax Policy is only one of many concerns.
I would be interested in understanding your statement a bit more. Perhaps I misunderstood your intentions. Thx!
You’re absolutely right. The EPA’s ability to implement regulations whenever it wants is a huge problem. We need a combination of scaling back regulations and other solutions. I just think the main problem here is that the economy is trashed, and that the debt is an effect, not a cause of our problems. Lets use all the tools we have to implement a pro-growth agenda. You understood me correctly. Thanks