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Reduced tax = economic stimulus and growth = more tax revenue
This has never, as far as I am aware, been proven to add up.
The current Trump tax plan is based on this sort of Laffer curve analysis - but a more conservative analysis shows a 7 trillion dollar loss over the next few years, rather than breaking even with growth plugging the hole left by the tax cuts.
Reduced tax = economic stimulus and growth = more tax revenue
Combine that with less wastage from state overspend = more money for the important things.