Steve,

I think you are confused by the liberal media. There were two components to Trump's tax cuts.

With respect to the individual tax cuts, I did not support the tax cuts for wealthier individuals but did support the tax cuts for lower income people. I hope you supported the tax cuts also. People struggling to make ends meet don't need higher taxes. I was similarly and recently disappointed when Krysten Sinema negotiated to prevent carried interest being taxed as ordinary income, that is purely a bone to the rich. And it seems both Democrats and Republicans are prepared to give away money for political support... tragic.

With respect to the business tax cuts, I supported those as they were important to make America more competitive and attract income, and jobs to America. The question is "did they achieve that goal". One measure of that is whether Federal tax revenues went up or down after the tax cuts and at what rate. This table (see link below) shows not only did tax revenues increase, but rate of increase accelerated dramatically. Just look at the slope in the link.

Unless you are simply ideological, you should be happy that the tax cuts helped to accelerate government tax revenues and hold down the deficit some. I am concerned the new tax increases proposed by Biden will reduce tax revenues (large corporations and wealthy individuals have a lot of choice regarding what they invest in and where). Making the US unattractive to invest in would spell disaster regardless of rates.

Why do you think Federal tax revenues growth stagnated under Obama after he passed his higher "fair share" taxes in 2014? Sadly, I fear if Biden puts through his tax increases, they will stagnate again and given the growth in spending, that will be disaster.

Now you do make a good point about the deficit exploding. And yes, I was outraged by the fact that both Republicans and Democrats agreed to massive spending increase in 2018 at a time when we already had record deficits. No amount of tax revenue growth can compete with Congress's propensity to spend.

You may or may not be aware that not only is the Federal government spending at historically high rates in absolute inflation adjusted dollars, but they are spending at recent record rates when you look at government spending as a percentage of GDP (20.7%). And yes, I am outraged by this spending, since one way or another, increased government spending is money out of our pockets since it competes for resources which drives up the cost of things you and I buy.

Class warfare destroys economies. At some level people pay in taxes what they think is fair, not what others think is fair. Raise rates beyond what people are willing to pay and they find a way to avoid them. Whether it is the ordinary guy working off the books on weekend, the wealthy guy buying tax sheltered investments or the corporation building their factories overseas. We need to stop trying to get someone else to pay for the government's spending and simply figure out how we can reduce spending. We should try to keep spending at around 18% of GDP and with that as a target, figure out how best to spend the money.

https://www.statista.com/statistics/200405/receipts-of-the-us-government-since-fiscal-year-2000/