Revenue Neutral Has Got To Be Ignored

They're back at it.  The media and Democrats who cheered president Obama as he spent ten trillion dollars the nation did not have are expressing horror and outrage at the thought that a GOP tax reform plan could result in a bigger budget deficit.  These folks are all screaming that the tax cut has to be revenue neutral.  What utter garbage!

The point of a tax cut is to reduce the total tax burden on companies and people.  That will leave more cash available for investment and consumption.  It will goose up the economy so that we see faster growth, higher job creation and higher wages.  Making tax reform revenue neutral takes away those benefits to the economy.  In other words, trying to keep tax reform revenue neutral is intentionally throwing away the main benefit of tax reform. 

If your child were sick, would you take him or her to the doctor but first prohibit the doctor from giving him or her any medicine that might help?  That's exactly what the revenue neutral crowd is doing.  They're trying to take away the benefit of tax cuts before agreeing to any. 

It's time for Congress to realize that tax cuts are needed for faster economic growth and to get moving to complete the task.