Tax cuts are another form of austerity.

[Yavin4]

Yes, billionaires and large corporations benefit the most from tax cuts, but the most pernicious effect is that they restrain the government from making badly needed new large scale public investments. And, they make maintaining existing public investments difficult, requiring borrowing money to maintain them.

Lack of public investments in healthcare, education, housing, and transportation is why so many Americans face economic anxiety every day.

[Redleg]

1. No, we just need to have unfettered, unregulated capitalism to raise all boats

Sarcasm alert. This is what the rich assholes who get the big tax breaks like to say. They refer to "job-killing regulations" but can't ever seem to be specific as to which one(s) they mean.