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Corporate tax cuts are economic growth, which helps approval ratings.
Deficits are an easy way to please everyone by offloading austerity to the future.
So every government in all of human history has borrowed from the future, and have even curated their economists to push a message that deflation is dangerous and that debt needs to be monetized.
Then for some reason debt has exploded, crypto and risk stocks are completely disconnected from reality, and the bailouts get larger and larger.
On the other hand, austerity politics (aka "don't spend money in order to reduce the national debt") tend not to work, either, because they offload maintenance to the future. Repairing broken infrastructure costs more than keeping it from breaking in the first place.
I suppose you could just raise taxes but even with WWII-level tax ceilings it's damn expensive to run a country.
Well dont forget you obviously need to cut taxes as well for economic growth, while you run these fat deficits maintaining this "critical infrastructure".
I generally find that cutting taxes is more popular with the politicians who think that reducing the debt is more important than a functioning power grid and bridges that don't collapse. Don't ask me how the hell reducing tax income is supposed to help with the deficit but it's probably built on the assumption that the ~~kickbacks~~ economic growth will make up for it.
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Did you just post your opinion in bold font : ●
The will just lock you up if you don't. Corporations have to be ok with saying "no".
Not gonna happen.