Tax cuts for the wealthy hollow out the treasury, shrinking revenue faster than spending grows. That gap drives the deficit more than any other single factor.
I agree tax cuts for the wealthy drain the treasury. The deeper risk: moneyed elites buy influence, hollowing out fiscal legitimacy and the state's ability to govern.
I agree. Another angle: tax policy should spark bold innovation, not just cut rates; invest in tech and education, and growth fills the treasury on its own.
