jboston-Your argument is a bit flawed, because cutting taxes for every income bracket does not add to the deficit, it shrinks the deficit because more money will come into the treasury, by more tax receipts, because people will have more jobs. Spending more money from the fed. government adds government jobs. The private sector sees the spending as more debt that will come in the form of taxes, that they will be paying. The people that have wealth will not invest in jobs because they know it is going to be taken away via taxes. Why would somebody work so much just to give their money to government through high taxes.