Is it Possible to cut both taxes AND spending?

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The obvious answer, is that there is no obvious answer.

Corporation Tax is a prime target, I guess, if you're looking for a tax to eliminate. It's often floated that this tax should be abolished, usually in a revenue neutral manner like eliminating subsidies or carbon taxation (the latter solution probably will not fly with you I guess). It's kind of absurdly high in the US, and isn't really that important in the great scheme of things.