The cost of government is the quantity it spends, not the quantity it taxes; that cost representing the financial burden imposed upon those who pay the taxes and all who transact within that economy or through its common currency. Therefore, the argument against tax cuts requires further context to appreciate why tax cuts have failed and will continue to fail to deliver economic growth, especially where those tax cuts promote or serve excess indulgence and cheap speculation. In short, it’s not that tax cuts are inherently destructive, or that reducing the tax liability of the wealthiest in society “doesn’t work”; rather, the fact is that the public debt is so high that the country simply cannot afford those tax cuts without defaulting on its debts or — which is the same — covering them through inflation. It’s not that tax cuts are inherently destructive to economic growth, but that the deficits run higher by profligate government spending, the protracted low interest rate policy, ...