I see no reason not to ask for both at once. But I don't care which is first.
This is from a post I did early this morning on a slightly different Topic, but it will fit here nicely.
Depiction of the economy after all the deficit spending.
It is a mistake to think that a Tax cut will cost the Government Revenues. Because it's all about perception and in politics and the engine that drives economics everything is dependent on a positive perception.
The mere threat of a tax increase is enough to slow, stall, or reverse a trend in the stock markets.
The same threat will put doubt in the minds of executives who make the decisions to to expand a work force or to increase production or even expand the size of a business or manufacturing company.
FDR made a lot more mistakes than most people care to notice or remember, but one thing he was right about was his famous statement that "the only thing we have to fear is fear its self."
During past times of economic uncertainty and recession major tax cuts along with major reductions in spending caused the Tax revenues to increase along with the job market, the stock markets and in a short time consumer confidence was also restored and that brought about the need to manufacture more consumer goods because everyone's attitude had be adjusted in a positive direction.
The more product produced, grown, or manufactured the greater the economy expands and good news feeds off itself in a very positive direction, where bad news has just the opposite affects.
Some might think that if one mans taxes are cut someone else will have to make up the difference, but once the positive affects of a cut begin to take hold in peoples minds the expanding economy makes up the short term loss of revenues.
It's economics 101 and it's also basic human psychology 101. What goes around comes around is true in this case.
The sad fact is that is true about defect spending also it puts that doubt into play and everything then begins to suffer and the deeper that hole is dug the worse the economy gets because that vicious cycle will propagate itself.
So tax cuts are not only free they can if used in conjunction with balanced reduction in spending not deficit spending but over all spending to bring about more prosperity.
The key comes back to that old adage: If you want to work you way out of a hole the first thing you must do is stop digging.
Those who stand for nothing fall for anything, or in this case fall into a deep dark hole of economic ruin.