Well, tax loopholes in general lead to less taxes. Which leads to budget cuts.<p>For example, look what happened in the UK: <a href="http:&#x2F;&#x2F;www.theguardian.com&#x2F;commentisfree&#x2F;2015&#x2F;nov&#x2F;11&#x2F;david-cameron-letter-cuts-oxfordshire" rel="nofollow">http:&#x2F;&#x2F;www.theguardian.com&#x2F;commentisfree&#x2F;2015&#x2F;nov&#x2F;11&#x2F;david-c...</a>