To be fair, I'm not convinced that reducing taxes actually reduced revenue. Inflation-adjusted revenue has essentially been monotonically increasing: https://www.taxpolicycenter.org/statistics/federal-receipt-a...
Federal receipts as a % of GDP has basically been flat since WW2: https://fred.stlouisfed.org/series/FYFRGDA188S
If the Republicans have sought to "starve the beast", I'm not convinced they've even done a good job of that.
Republicans sought to "starve the beast" by reducing taxes, on the theory that would force cuts in government spending. As shown in my sibling post, that never happened. Spending on social programs and safety nets has continually increased dramatically since Reagan was in office. Insofar as these "government programs and safety nets" are a "complete failure" the problem is operational, not budgetary.