Cutting taxes without shrinking government just means more deficits while hastening the impending debt singularity.
That’s the same argument we got before the Reagan Tax and Kennedy Tax cuts. As it turns out, lower taxes actually increased receipts. It the Laffer Curve in action and it’s been proven not only in the US, but in Britain and India as well. I would couple the tax cuts with Warren Buffet’s idea: Any congressman who votes for a budget that leads to an increase in the deficit of more than 3% cannot stand for reelection.
Get rid of the laws that make Gov employee's untouchable. It will thin the herd and what is left will 30% more efficient and 100% more accountable.