The goal is to free up more money to spark innovation, business growth, full employment, and massive new federal tax receipts.
Some folks make a massive mistake by saying the corporations or wealthy should have a tax increase.
What they fail to realize is that both the middle class and wealthy/corporations get tax cuts the economy will be jump started all the more.
If middle class tax cuts are offset by raised taxes to the wealthy/corporations, there will be a net gain of $0.00. No new growth. No new jobs. No increased federal tax revenues.
What part of this is so freaking hard to grasp?
My libertarian philosophy agrees with everything you wrote.
They thing that keeps nagging at me is what the billionaire oligarchs do with the extra wealth. You can only own so many mansions and Ferraris and islands. Soon you want to own politicians and direct the how our nation is run. People like Soros, Gates, Zuckerberg, Steyr, Bloomberg, et al, are actively working to undermine our republic.
That is why I have come to believe that after a certain amount of millions in income that the marginal rate should be very high.
The purpose of tax cuts should not be to “spark” or stimulate anything.
The purpose of tax cuts should be to not commit theft on quite so grand a scale.