Cutting Taxes Grows the Economy - It Doesn't Shrink Government
I've said it before, and I'll say it again: conservatives who think the key to shrinking the size of the federal government is cutting taxes are always going to be disappointed. President Ronald Reagan proved that tax cuts stimulate the economy and lead to record tax revenue - and Congress proved it can spend every last dollar and then some. (The Reagan era deficits were not caused by tax cuts as revenue growth soared, but instead were caused by Congress passing budgets that spent even more.)
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This is of course the great persistent liberal myth about Reagan. If the tax cuts didn't actual cause federal revenue growth, we couldn't have "buried" the Soviets since we couldn't have spent the insane amounts we did...
clipped from billhobbs.com