Yes, the main issue is that in the main line 1.d4 d5 2.c4 e6 3.Nc3 c5 4.cxd5 exd5 5.Nf6 Nc6 6.g3 Nf6 7.Bg2 Be7 8.O-O O-O, 9.dxc5 leads to positions where you need to significantly outclass your opponent to win as black; if white plays passively often the "punishment" is merely that black manages to exchange to isolated pawn with a just marginally better or even dead equal position. I must say that at my level (1875 fide) i never had particular problems over the board in generating winning chances, but i sometimes felt the drawishness of the line when playing online.
9.Bg5 c4 is less of a problem in terms of creating winning chances unless your opponent is really booked to death (which may happen to pfen i guess, but certainly not in amateur practice); as soon as white plays a slightly passive move black queenside majority can set in motion, and black has every hope of playing for a win.
While the Tarrasch is a very dynamic response to 1.d4/1.c4/1.Nf3, it does have a respectable body of theory. But mostly the Tarrasch is a matter of proper positional understanding: how to utilize OTB the dynamic elements of the IQP that occurs in most mainlines.
But it's main advantage is that it can be combined with other QGD lines, say Lasker (ultra-solid), or Tartakower (also very solid, and very rich strategically) to form an ambitious, yet very safe repertoire based on QGD.
Ambitious? Certainly yes. Sharp? Sort-of. Sound? Yes, if you do understand what you are playing, and do not just memorize book moves. True, white may draw you in very drawish lines if it is the only opening you play against 1.d4, but you don't have to...
Personally I have played the Tarrasch in the past, with rather dissapointing results- but mostly this was not due to an openings fault, but due to my will to overpress.
If, by all means, you do need a sharp game, try the Englund. The only problem with it I'm aware of is that it drops a juicy central pawn for nothing, and against decent opposition you should be pleased if you pick 1.5 to 2 points out of ten games.