Cuts

The idea that lowering taxes will increase government revenues because of increased business activity has come to fruition in the case of the Trump tax cuts which lowered corporate tax rates from 35% to 21%. In the 20 years leading up to these cuts the average revenue increase was less that 3% but since then revenues have risen to 4.5% and projected to increase to 6.5%. This is an one time case but worth considering in future budget talks.