Cutting taxes, reduces revenue and increases the deficit and the National Debt.
That is what happened after every tax cut.
Now the economy does grow, and eventually the tax revenues rise above what they were before the tax cuts, but the economy grew when the top income tax rate was 93%, the economy grew when taxes were raised by Clinton, so claiming that economic growth is the result of the tax cuts is sketchy to say the least.
The real test of the tax cuts would be long term sustained growth, but the Bush tax cuts resulted in anemic growth and the collapse of the economic system. BTW, Income taxes were cut in half by the GOP in 1927, if you are looking for another example of the utter ineffectiveness of tax cuts.

There is evidence that the way taxes are cut effects the outcome. Reagan cut taxes for the wealthy and raised taxes on the middle class to partially make up for it. The top 1% increased their worth by 1000% while the middle class barely held even. Bush skewed his tax cuts towards the wealthy (while it is true that slightly more that half of the tax cuts went to the bottom 99% of the economy), the bottom 95% got considerably less than half the benefit.
This type of tax cut is of no value to the economy, as it does nothing but get absorbed in changing asset values, it produces no new jobs, no new investment and no growth, it actually reduces growth, since it raises interest rates.

Then there is the "it isn't tax cuts, it's spending that creates the deficit", but in 8 of 8 years the "Liberal Democratic" congress passed a budget with less spending than the "Conservative Republican" Reagan administration requested, so once again, if Tip O'Neil had to rein in Reagan's spending, why elect Republicans?

Conservatives claim they have the answer, but when they have power things go to hell fast, and then they claim that those weren't real conservatives, much like communists claim that the Soviet Union wasn't real communism.

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“ The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.”

Adam Smith , The Wealth of Nations 1776

"We have always known that heedless self-interest was bad morals; we know now that it is bad economics"
FDR's second Inaugural Address