It is one thing to cut taxes for the wealthy, and quite another to raise taxes on the middle class to pay for tax cuts for the wealthy. I think when it is all said and done, that is what the GOP will have ultimately accomplished. Even for the middle class and working poor who initially pay a little less in the short term, it will be more than paid for through the higher interest rates and education costs they will face in the long run. There is nothing here that will promote wealth creation, innovation, intiative, or competition. This is nothing but a regressive redistribution of wealth.
What the left does not seem to grasp is, tax dollars are earned by the taxpayer. Tax dollars do not appear out of the void, but require effort by individuals who have to go to work and earn it. The government does not earn tax money, but takes that money like a mafia shakedown. If you don't pay tribute, the government mafia will send in the goons. Without the goons there is no way to steal the tax money.
A tax cut is a fancy way of saying the mafia decides to steal less. Instead of taking the entire content of your wallet, they give you back some of your own hard earned money. The thief does not give you anything if he steals less. They only shook you down less.
The value of lessoning the shakedown by government, is government will need to learn to function better with less. There will need to be less middleman skim by the swamp. This requires the government start to earn its keep. If we take today as a baseline, each dollar given back to the tax earned, combined with efficiencies in government, is equal to government earning value. This is when the mafia sends in the goons and they help you raise the barn.
One practical problem with this model is, the election process does not always lead to the most competent people in elected office. The election process is media driven; will spend millions and billions. Therefore the candidates require certain skills, more related to acting skills and theater, choreographed by the mass media.
An actor successfully playing the role of statesman might get him or her elected, due to its entertainment value. However this does not always translate into the practical skills needed to do the job. Few people can specialize in both skills at the same time. The TV doctor can be very convincing, but they cannot perform surgery in real life. This is what we have. The result is inefficiency in leadership and in their boot licking groupie appointments.
When the mafia is required to shakedown less, the actors playing the role of Statesment, fear looking incompetent. If the TV doctor was required to do real surgery on TV, he could jeopardize their viewership. So they start the "the play", called
Feigned Outrage. They would much prefer do nothing but kick the can down the road, so they can act on the stage and nobody is the wiser. Tax cuts are a way to clarify to the tax payer that the people stealing your money are not all up to the job, and many need to be replaced.