In theory what would happen if Fed dropped rates significantly and Gov significantly raised taxes at the same time all of a sudden?

1) Significant sudden rate drop would apply inflationary pressure, be favorable to US debt, in theory help with wages if more money was free flowing for investment
2) Sudden tax increase would be deflationary, favorable to us debt, negatively real wages terribly

This was just a thought experiment I was running and had some obvious conclusions but curious of outside perspective (I know this is a stocks forum and not an economics forums, it’s impossible to balance this even in a perfect world).

EDIT: thanks for all the interesting replies to my drunk shitpost (no sarcasm)