The only “cut” likely would be restoring the deduction for state and local levies, a windfall for the wealthy that liberals love. Presumably because it acts as a subsidy for big-spending state and local governments. They can keep raising rates, knowing that the federal deduction will lighten the added tax burden.
Despite the latter, however, Democrats will present any plan in terms of compassion and generosity. Compassion once meant to suffer with, that is, to engage, assist, and uplift the poor, to enter into community with them. Now it means making other people write checks. By this definition some of the most compassionate people — forcing the most people to write the biggest checks — themselves give very little money.