Cream together butter, cream cheese, heavy cream, vanilla, and powdered sugar.
Add eggs one at a time until incorporated.
In seperate bowl, mix remaining ingredients together.
Add dry ingredients to wet.
Add food coloring.
Once combined, wrap in cling wrap and chill for 2 hours in the fridge. This is very important! It allows the gelatin to firm up and helps the cookies hold shape.
Roll dough between two pieces of parchment paper to desired cookie thickness. Thinner for crispier cookies, and thicker for chewy soft cookies. I rolled mine between 1/4 and 1/2 inch to have that chewy sugar cookie cut out texture.
Cut out desired shapes and transfer to cookie sheet. I like to line mine with parchment for easy clean up 🙂
Bake at 350 until edges are lightly browned. Time will depend on thickness. Mine were between 12-15 mins.