I believe the thinking is that reducing tax and regulatory burden promotes entrepreneurship and job creation. Higher rates of employment reduce poverty. Additio

I believe the thinking is that reducing tax and regulatory burden promotes entrepreneurship and job creation. Higher rates of employment reduce poverty. Additionally, the government is woefully inefficient at (re)distributing resources (and even worse at picking winners). There is a school of thought that believes many "social services" can be better provided by community led organizations and charities. No doubt there's no perfect solution and this topic has a lot more nuance to it, but I think that's the jist of it.