Over the years, one of the GOP's favorite economic talking points has been that "tax cuts pay for themselves." The argument is that when the wealthy are given tax cuts, they create new jobs and stimulate growth — and the growth makes up for a decrease in tax revenue. That argument was used when Republicans passed the Tax Cuts and Jobs Act of 2017 during Donald Trump's presidency.
But Washington Post opinion writer Catherine Rampell, in her recent column, argues that some House Republicans have unintentionally "admitted" that "tax cuts don't pay for themselves."
