* A deficit-financed tax cut may also prompt future governments to reduce the bloat in the government, aka “starve the beast”.
* The “plethora of tax breaks” serves to distort people’s choices. Politicians who dreamed up these wheezes are almost certain to be wrong about imposing them upon their subjects.
* Abolishing the breaks will mean the economy will need fewer tax accountants and tax inspectors. These bright individuals could be retrained to do something productive instead of merely working round politicians’ inanities.
* The beneficial effects of removing the disincentives and waste of corporate taxation would be augmented if such tax cuts were bolstered by reducing government spending, too.