They never do. Republicans love to pass tax cuts that mainly benefit the wealthy, especially since the top rate was drastically cut under Reagan. They would love to eliminate social safety net programs to balance things out; however, those programs are popular so they can’t if they wish to be reelected. Result: deficit spending. The top tax rate on extremely high income was 90% during the 50s, which was a time of general prosperity. Want to make America great again? Restore high taxes on high income.
They never do. Republicans love to pass tax cuts that mainly benefit the wealthy, especially since the top rate was drastically cut under Reagan. They would love to eliminate social safety net programs to balance things out; however, those programs are popular so they can’t if they wish to be reelected. Result: deficit spending. The top tax rate on extremely high income was 90% during the 50s, which was a time of general prosperity. Want to make America great again? Restore high taxes on high income.