The misery index, affected by tax cuts in an unfettered economy is relegated by an acceptable level of income, with low tax rates the value of the currency is likely high, efficiency will be high, and wages will be small by number but high in worth, applicable and adequate to an acceptable living condition. This said again is put as the real wage is low, but the value is immense, a penny for your thoughts.
The long-term progression of the wage, its equity and liquidity value depends on productivity, particularly levels of output, in the interim a tax cut increases output which proves competitive to both supply and demand of compliant markets forcing an austerity and efficiency of extant conditions regardless of commodity price or gross revenue. Lowered costs between foreign and domestic supplies is necessary for conservatism, like regions benefit from commerce as it improves wage while increasing tax revenue without consumerism.
Regarding long-term effects of tax cuts, the effect is duly identical to supply and demand equations, if an employer cuts taxes for its employee, alleviation is granted to the employee who circumstantially is not obligated to spend their money to the employer. Such is true with the symbiotic relationships of subsidized entitlements and managed dependency, without external investment or exploitation social cohesion is irrelevant and untenable. Some relations are simpatico and others detrimental, rising wages of either worth or weight increase causing equilateral degradation to separate entities, but if the currency is the same or similarly if exchange rates are fixed the consumer price index remains unaltered, requiring taxes to be cut or services required thereof to be more valuable, how does the state fare.