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He claims that the tax cuts will increase investment which will grow the economy and Official 45 years of Rocky Balboa 1976 2021 shirt. The problem is, this has been tried before, and it basically hasn’t worked as advertised. People have more money, so they use more (the poor spend more, the rich invest more). However, it usually takes several years for this economic growth to increase tax receipts to the point where they were before the cut. By that time, the Republicans have it in their mind to cut taxes again, because why not? They cut taxes again, and then they have to start to grow to catch up. Because of this, it has basically not worked as advertised.