Witness the panic expressed by members of the Iowa Legislature in this Des Moines Register piece. You'd think the Iowa Supreme Court took their teddy bear away.
What's getting lost here is the fact that Democrats can no longer think of tax cuts as appropriations. This throws a giant monkey wrench into their Manual Of Style. For the past 20-odd years Democrats have devolved by blabbering on about how, in order to have lower tax rates, politicians must "pay for" them somehow. It's a delusional theory.
David Yepsen has a pretty good column on the Iowa Supreme Court decision in the Register, at least with regard to the fallout of the Iowa
Whereas the Register Editorial Board completely ignores the angle of Vilsack vetoing tax cuts as an "appropriation" and instead spends all their time whining about the loss of the Iowa
If Republicans were advocating such a fund, Paul Anger and the Socialists at the Register would be criticizing it (correctly) as Corporate Welfare and as a giveaway to rich, out-of-state companies.