Tagged: revenue neutral

Tax Cuts and Progressive Conservatism

Here’s the narrative: Cutting business taxes allows for higher profits, which fosters new investment and hiring. New hiring means more high-paying jobs. More high-paying jobs mean that even with reduced personal income tax rates, gross federal tax revenue will not be affected. Everybody wins: individuals are wealthier, and the government can still afford to pay for the entitlement behemoth. That narrative, which has...