FYI. The forecast for economic growth resulting from the planned cuts is not 1%, it is 0.1% with some at 0.2% and that will not reduce or stop the growth of the deficit. There are several reasons why this happens. One is that money spend on stocks increases the price of shares, but may not increase cash or investment by companies waiting to see growth in employment and income. In fact in recent years most of corporate cash has been used to buy back shares to increase stock prices, or hoarded by companies waiting for real growth in consumer spending. Cash from stock buy backs goes to shareholders and that is often just invested in buying more shares, and so on. The small group that makes up the rich, already spend a lot, therefore, even a large tax cut is not enough to generate the kind of spending increase (and resulting investment) that even a small increase for the middle class can have.