Supply-side economics would argue that these tax cuts would result in increased economic growth and prosperity because they would provide individuals and businesses with more disposable income and resources to invest in the economy.
The idea is that by reducing taxes and regulations, individuals and businesses will be incentivized to work harder, save more, and invest more in the economy, which will ultimately lead to increased productivity, employment, and earnings.
In other words, supply-side economics suggests that these tax cuts will stimulate the supply of goods and services in the economy, which will in turn drive economic growth and increase overall prosperity.