Counterarguments that surpluses are not guaranteed and that paying down debt is better for the economy are valid and useful to the tax cut debate. But if the good times continue to roll, the arguments will diminish in effectiveness. The redistributionists' lament that tax cuts go to affluent people is undeniable, but it ignores the idea that tax cuts ought to go to taxpayers. While a progressive tax system is worth maintaining, it is not essential to make it more progressive with every tax cut. In this same vein, the tax code is not necessarily the way to boost the income of low earners.
Tax incentives have limited effectiveness.
Big income supplement plans are better placed, better managed, and certainly better policed in a traditional spending program. By 2001 it will be time again to consider comprehensive tax reform. Yearly tax bills in the intervening years have complicated the code. The way companies and individuals handle their business has changed dramatically. The way in which they are taxed has not.