How’d That Work Out for You, Lefty’s?

[danielpalos]

And it supports what I have been saying. From your very own cite.

• The middle class constitutes a slim majority of the U.S. population (52%), but that is still less than it has been in nearly half a century.
• The share of income captured by the middle class has fallen from 60% in 1970 to 43% in 2014.
• The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum

Where does that extreme bottom come from? Is it magically created from a box of Lucky Charms? It has to come for somewhere. It comes from the traditional poverty (which has gone down if you believe the trumpster) and from the slipping middle class. The middle class used to be 60%. What happened. It's not like they all got rich all of a sudden. The upper middle didn't expand. But the Rich did expand. it actually didn't get any more people, it just got richer. Meanwhile, there is only X number of dollars so that money had to come from somewhere. You guessed it, it came from the shrinking middle class. Your claim that the middle class has largely just moved up is incorrect. The ones above the Middle Class remained about the same while the poverty class or lower class went up in numbers. Last time I checked, that meant that the US Economy wasn't doing as rosy red as it's claimed. But a small percentage are doing friggin fantastic.

No, it does not back your assertion. A larger portion of people are moving UP rather than down. Hard fact.

You know what you have failed to post thus far? A single fact.

Yet the extreme class grows and the upper 20% grows. Where are all those middle class going? Is it mass suicide? Did they just skip all the other classes and magically appear in the top 20%? It doesn't work that way.

Again, from your own cite.

• The middle class constitutes a slim majority of the U.S. population (52%), but that is still less than it has been in nearly half a century.
• The share of income captured by the middle class has fallen from 60% in 1970 to 43% in 2014.
• The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum

And? When did I argue that the middle class was not shrinking. I specifically said that it was. Can you follow the conversation? The above does not support your statement that the middle is being lost to the poor.

One more time - MORE of the middle is rising up than down. Some are going down, more is going up. You have yet to cite anything whatsoever that refutes that.

They are some moving up, yes. Some are moving down. While most are saving the same. What's happening is the range that people use for determining the rate of middle class keeps going up. So many of the middle class are actually making the same wages (wage stagnation) but they just moved from middle class to a lower bracket. If you use (and I do) the 10year old rate of 25k, In order to make things look more cheary, move the min figure (and the max figure) up 10K or more. Move it to 35K or 45K depending on the false narrative one wants to present, makes the story easier to sell.

I make about 30K a year and consider myself Middle Class. I live comfortable, own my vehicle, home, can afford to eat out generously, pay cash for almost everything, pay my bills on time, etc.. That sounds like Middle class to me. When I pass on, I will owe nothing to anyone and have a surplus that someone will have to get rid of. I may or may not have to figure out how to disperse that. But after I buy the farm, will I even care. But under the definition of Middle Class I fit securely into it. Yet according to your min of 35K and others at 45K, I am not middle class. The Middle class didn't change, you just moved the goal post to try and show a false conclusion.

I make about 30K a year




You are aware if Democrats have it there way and raise the federal minimum wage to $15 an hour


You wont be middle class anymore

You will be making minimum wage

$15x40x52= $31,200 a year


.


.

higher paid labor creates more in demand and pays more in taxes in any long run equilibrium.

 

[Wyatt earp]

No, it does not back your assertion. A larger portion of people are moving UP rather than down. Hard fact.

You know what you have failed to post thus far? A single fact.

Yet the extreme class grows and the upper 20% grows. Where are all those middle class going? Is it mass suicide? Did they just skip all the other classes and magically appear in the top 20%? It doesn't work that way.

Again, from your own cite.

• The middle class constitutes a slim majority of the U.S. population (52%), but that is still less than it has been in nearly half a century.
• The share of income captured by the middle class has fallen from 60% in 1970 to 43% in 2014.
• The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum

And? When did I argue that the middle class was not shrinking. I specifically said that it was. Can you follow the conversation? The above does not support your statement that the middle is being lost to the poor.

One more time - MORE of the middle is rising up than down. Some are going down, more is going up. You have yet to cite anything whatsoever that refutes that.

They are some moving up, yes. Some are moving down. While most are saving the same. What's happening is the range that people use for determining the rate of middle class keeps going up. So many of the middle class are actually making the same wages (wage stagnation) but they just moved from middle class to a lower bracket. If you use (and I do) the 10year old rate of 25k, In order to make things look more cheary, move the min figure (and the max figure) up 10K or more. Move it to 35K or 45K depending on the false narrative one wants to present, makes the story easier to sell.

I make about 30K a year and consider myself Middle Class. I live comfortable, own my vehicle, home, can afford to eat out generously, pay cash for almost everything, pay my bills on time, etc.. That sounds like Middle class to me. When I pass on, I will owe nothing to anyone and have a surplus that someone will have to get rid of. I may or may not have to figure out how to disperse that. But after I buy the farm, will I even care. But under the definition of Middle Class I fit securely into it. Yet according to your min of 35K and others at 45K, I am not middle class. The Middle class didn't change, you just moved the goal post to try and show a false conclusion.

I make about 30K a year




You are aware if Democrats have it there way and raise the federal minimum wage to $15 an hour


You wont be middle class anymore

You will be making minimum wage

$15x40x52= $31,200 a year


.


.

higher paid labor creates more in demand and pays more in taxes in any long run equilibrium.

Then minimum wage should still be at 1939 level...25 cents an hour.


.

 

[The Purge]

If you say a lie enough times at what time does it become the truth? Keep lying, cupcake. Mueller gave congress enough evidence to at least to spank the president badly and send a few more of his criminals to prison.

A LYING LEFTIST HAS THE BALLS TO POST THIS!!!!...ROTFLMFAO

 

[Cellblock2429]

/—-/ You really hate Americans prospering and having a better life. Thank God we’re not saddled with some socialist quack like Bernie or Hildabeast lecturing is on how wonderful burger flipper jobs are and that a 1.5 GDP is the new norm.

Ah, feel the hate. You are looking for someone to blame your own poor life on. Newsflash: Giving strump his free passes doesn't stop the bad.

/—-/ I’m independently wealthy, retired and have a wonderful life.

And in many ways, although I probably don't have your income because I was busy paying the price for your freedom, I am also wealthy in many ways and have a wonderful like. I made a bucket list early on and I have done everything on the list. When the time comes, I'm ready. Can you say the same?

/——/ Then why are you lashing out at me?

I am just trying to keep you from playing the lie that many in your income level is trying to feed the majority. If you say a lie enough times does that make it the truth? It does if no one steps up and corrects you. In the end, it's still a lie.

/—-/ What lie?

 

[Daryl Hunt]

The middle and lower classes are definitely moving way down.

That is easy to show by the drastic drop in home ownership.

It is actually much worse than that, since the graph ends in 2015, and home ownership now is down as low as 40%.
To put that in perspective, most of the civilized world has more like 80 or 90% home ownership.
There is no greater practical measure of financial freedom than home ownership.
It not only is essential to retirement financing, but reduces crime, builds neighborhoods, etc.

Unemployment compensation for simply being unemployed is more cost effective and helps stabilize markets in a market friendly manner.

Until the money runs out. What then?

 

[Daryl Hunt]

No, it does not back your assertion. A larger portion of people are moving UP rather than down. Hard fact.

You know what you have failed to post thus far? A single fact.

Yet the extreme class grows and the upper 20% grows. Where are all those middle class going? Is it mass suicide? Did they just skip all the other classes and magically appear in the top 20%? It doesn't work that way.

Again, from your own cite.

• The middle class constitutes a slim majority of the U.S. population (52%), but that is still less than it has been in nearly half a century.
• The share of income captured by the middle class has fallen from 60% in 1970 to 43% in 2014.
• The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum

And? When did I argue that the middle class was not shrinking. I specifically said that it was. Can you follow the conversation? The above does not support your statement that the middle is being lost to the poor.

One more time - MORE of the middle is rising up than down. Some are going down, more is going up. You have yet to cite anything whatsoever that refutes that.

They are some moving up, yes. Some are moving down. While most are saving the same. What's happening is the range that people use for determining the rate of middle class keeps going up. So many of the middle class are actually making the same wages (wage stagnation) but they just moved from middle class to a lower bracket. If you use (and I do) the 10year old rate of 25k, In order to make things look more cheary, move the min figure (and the max figure) up 10K or more. Move it to 35K or 45K depending on the false narrative one wants to present, makes the story easier to sell.

I make about 30K a year and consider myself Middle Class. I live comfortable, own my vehicle, home, can afford to eat out generously, pay cash for almost everything, pay my bills on time, etc.. That sounds like Middle class to me. When I pass on, I will owe nothing to anyone and have a surplus that someone will have to get rid of. I may or may not have to figure out how to disperse that. But after I buy the farm, will I even care. But under the definition of Middle Class I fit securely into it. Yet according to your min of 35K and others at 45K, I am not middle class. The Middle class didn't change, you just moved the goal post to try and show a false conclusion.

I make about 30K a year




You are aware if Democrats have it there way and raise the federal minimum wage to $15 an hour


You wont be middle class anymore

You will be making minimum wage

$15x40x52= $31,200 a year


.


.

higher paid labor creates more in demand and pays more in taxes in any long run equilibrium.

The problem is, with the min wage being raised to 15K a year, the poverty rate also comes up to match it. Along with that, the cost of living index goes up as well. Nothing was gained. The people just above 15 bucks won't receive a raise but will now be paying more cost of living. The only people that really benefit are the 1% who make the lions share of the profits in the cost of living.

 

[Daryl Hunt]

If you say a lie enough times at what time does it become the truth? Keep lying, cupcake. Mueller gave congress enough evidence to at least to spank the president badly and send a few more of his criminals to prison.

A LYING LEFTIST HAS THE BALLS TO POST THIS!!!!...ROTFLMFAO

Yes, one must be a leftist to post the truth but a rightist is okay to post a lie. While I won't exactly agree with that, in your case, it's truer than I care to admit.

 

[Daryl Hunt]

Ah, feel the hate. You are looking for someone to blame your own poor life on. Newsflash: Giving strump his free passes doesn't stop the bad.

/—-/ I’m independently wealthy, retired and have a wonderful life.

And in many ways, although I probably don't have your income because I was busy paying the price for your freedom, I am also wealthy in many ways and have a wonderful like. I made a bucket list early on and I have done everything on the list. When the time comes, I'm ready. Can you say the same?

/——/ Then why are you lashing out at me?

I am just trying to keep you from playing the lie that many in your income level is trying to feed the majority. If you say a lie enough times does that make it the truth? It does if no one steps up and corrects you. In the end, it's still a lie.

/—-/ What lie?

Posting that you don't see the lie is a lie in itself.

 

[TroglocratsRdumb]

View attachment 270814

First Rule of Holes:
When you find yourself in a hole, stop digging.

It’s dead. You pinned all of your hopes on a lie fabricated by Obama and Hillary.

And once again Obama and Hillary let you down.

Twitter

President Trump has defeated the Dems twice now

 

[danielpalos]

Yet the extreme class grows and the upper 20% grows. Where are all those middle class going? Is it mass suicide? Did they just skip all the other classes and magically appear in the top 20%? It doesn't work that way.

Again, from your own cite.

• The middle class constitutes a slim majority of the U.S. population (52%), but that is still less than it has been in nearly half a century.
• The share of income captured by the middle class has fallen from 60% in 1970 to 43% in 2014.
• The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum

And? When did I argue that the middle class was not shrinking. I specifically said that it was. Can you follow the conversation? The above does not support your statement that the middle is being lost to the poor.

One more time - MORE of the middle is rising up than down. Some are going down, more is going up. You have yet to cite anything whatsoever that refutes that.

They are some moving up, yes. Some are moving down. While most are saving the same. What's happening is the range that people use for determining the rate of middle class keeps going up. So many of the middle class are actually making the same wages (wage stagnation) but they just moved from middle class to a lower bracket. If you use (and I do) the 10year old rate of 25k, In order to make things look more cheary, move the min figure (and the max figure) up 10K or more. Move it to 35K or 45K depending on the false narrative one wants to present, makes the story easier to sell.

I make about 30K a year and consider myself Middle Class. I live comfortable, own my vehicle, home, can afford to eat out generously, pay cash for almost everything, pay my bills on time, etc.. That sounds like Middle class to me. When I pass on, I will owe nothing to anyone and have a surplus that someone will have to get rid of. I may or may not have to figure out how to disperse that. But after I buy the farm, will I even care. But under the definition of Middle Class I fit securely into it. Yet according to your min of 35K and others at 45K, I am not middle class. The Middle class didn't change, you just moved the goal post to try and show a false conclusion.

I make about 30K a year




You are aware if Democrats have it there way and raise the federal minimum wage to $15 an hour


You wont be middle class anymore

You will be making minimum wage

$15x40x52= $31,200 a year


.


.

higher paid labor creates more in demand and pays more in taxes in any long run equilibrium.

Then minimum wage should still be at 1939 level...25 cents an hour.


.

How did you reach that conclusion?

 

[danielpalos]

The middle and lower classes are definitely moving way down.

That is easy to show by the drastic drop in home ownership.

It is actually much worse than that, since the graph ends in 2015, and home ownership now is down as low as 40%.
To put that in perspective, most of the civilized world has more like 80 or 90% home ownership.
There is no greater practical measure of financial freedom than home ownership.
It not only is essential to retirement financing, but reduces crime, builds neighborhoods, etc.

Unemployment compensation for simply being unemployed is more cost effective and helps stabilize markets in a market friendly manner.

Until the money runs out. What then?

Nobody takes the right wing seriously about economics. The cost would be around three trillion. Since most of that would be going to the Poor, it means a three trillion dollar infusion to our economy on an institutional basis that helps provide an upward pressure on wages.

 

[Cellblock2429]

/—-/ I’m independently wealthy, retired and have a wonderful life.

And in many ways, although I probably don't have your income because I was busy paying the price for your freedom, I am also wealthy in many ways and have a wonderful like. I made a bucket list early on and I have done everything on the list. When the time comes, I'm ready. Can you say the same?

/——/ Then why are you lashing out at me?

I am just trying to keep you from playing the lie that many in your income level is trying to feed the majority. If you say a lie enough times does that make it the truth? It does if no one steps up and corrects you. In the end, it's still a lie.

/—-/ What lie?

Posting that you don't see the lie is a lie in itself.

/—-/ “It depends on what the meaning of is, is” Bill Clintoon

 

[The Purge]

If you say a lie enough times at what time does it become the truth? Keep lying, cupcake. Mueller gave congress enough evidence to at least to spank the president badly and send a few more of his criminals to prison.

A LYING LEFTIST HAS THE BALLS TO POST THIS!!!!...ROTFLMFAO

Yes, one must be a leftist to post the truth but a rightist is okay to post a lie. While I won't exactly agree with that, in your case, it's truer than I care to admit.

You scumbags NEVER post the truth....spin away
dissimulator!

 

[Cellblock2429]

The middle and lower classes are definitely moving way down.

That is easy to show by the drastic drop in home ownership.

It is actually much worse than that, since the graph ends in 2015, and home ownership now is down as low as 40%.
To put that in perspective, most of the civilized world has more like 80 or 90% home ownership.
There is no greater practical measure of financial freedom than home ownership.
It not only is essential to retirement financing, but reduces crime, builds neighborhoods, etc.

Unemployment compensation for simply being unemployed is more cost effective and helps stabilize markets in a market friendly manner.

Until the money runs out. What then?

Nobody takes the right wing seriously about economics. The cost would be around three trillion. Since most of that would be going to the Poor, it means a three trillion dollar infusion to our economy on an institutional basis that helps provide an upward pressure on wages.

/—-/ Ok, tell us what corporations do with tax increases?

 

[Billiejeens]

If you say a lie enough times at what time does it become the truth? Keep lying, cupcake. Mueller gave congress enough evidence to at least to spank the president badly and send a few more of his criminals to prison.

You are aware that congress doesn't send anyone to prison?
Doesn't sound like it

Everyone gets a trial run by the judiciary.
But Congress can remove people from office so that they lose their immunity.
They can also draw up charges I believe, because you don't want regular prosecutors having intimidating jurisdiction over members of government.
If nothing else, they have the power of a Grand Jury to fall back on.

But not only are the cases too close to call with Trump, it would violate the whole election process and not be good.
It would greatly polarize and possibly even lead to civil war.

There you go again. Spread the Fear. You mean if the Congress does what it's supposed to do we will have a Civil War? Yes, that IS scary. Or could it be that a bunch of criminals will grab their guns and go wild supporting their Criminal in Charge by violence so that the rest of the sane US including Law Enforcement can put them down. Sorry, but as scary as that sounds, if it comes to pass, America will be far better off.

Attempted Coups dont usually end peacefully.

 

[The Purge]

If you say a lie enough times at what time does it become the truth? Keep lying, cupcake. Mueller gave congress enough evidence to at least to spank the president badly and send a few more of his criminals to prison.

You are aware that congress doesn't send anyone to prison?
Doesn't sound like it

Everyone gets a trial run by the judiciary.
But Congress can remove people from office so that they lose their immunity.
They can also draw up charges I believe, because you don't want regular prosecutors having intimidating jurisdiction over members of government.
If nothing else, they have the power of a Grand Jury to fall back on.

But not only are the cases too close to call with Trump, it would violate the whole election process and not be good.
It would greatly polarize and possibly even lead to civil war.

There you go again. Spread the Fear. You mean if the Congress does what it's supposed to do we will have a Civil War? Yes, that IS scary. Or could it be that a bunch of criminals will grab their guns and go wild supporting their Criminal in Charge by violence so that the rest of the sane US including Law Enforcement can put them down. Sorry, but as scary as that sounds, if it comes to pass, America will be far better off.

Attempted Coups dont usually end peacefully.

 

[Daryl Hunt]

If you say a lie enough times at what time does it become the truth? Keep lying, cupcake. Mueller gave congress enough evidence to at least to spank the president badly and send a few more of his criminals to prison.

A LYING LEFTIST HAS THE BALLS TO POST THIS!!!!...ROTFLMFAO

Yes, one must be a leftist to post the truth but a rightist is okay to post a lie. While I won't exactly agree with that, in your case, it's truer than I care to admit.

You scumbags NEVER post the truth....spin away
dissimulator!

Wow, you been watching another Arnold Movie again.

 

[Daryl Hunt]

The middle and lower classes are definitely moving way down.

That is easy to show by the drastic drop in home ownership.

It is actually much worse than that, since the graph ends in 2015, and home ownership now is down as low as 40%.
To put that in perspective, most of the civilized world has more like 80 or 90% home ownership.
There is no greater practical measure of financial freedom than home ownership.
It not only is essential to retirement financing, but reduces crime, builds neighborhoods, etc.

Unemployment compensation for simply being unemployed is more cost effective and helps stabilize markets in a market friendly manner.

Until the money runs out. What then?

Nobody takes the right wing seriously about economics. The cost would be around three trillion. Since most of that would be going to the Poor, it means a three trillion dollar infusion to our economy on an institutional basis that helps provide an upward pressure on wages.

/—-/ Ok, tell us what corporations do with tax increases?

I don't remember. It's been too long since they actually had a tax increase. But it's easy to remember them getting a tax decrease. Paying zero taxes. How can you get a tax decrease from that? Easy answer, take more money and pay bonuses until it's back to zero again.

 

[FA_Q2]

/——/ Good News, Daryl. You can rest easy. Here are the latest numbers on income:
“The 2018 piece from Pew reported that, in 2016, the median income for the upper-income class was $187,872. While for the middle class, it was $78,442, and for the lower class, it was $25,624 (in 2016 dollars; figures reflect a three-person household).”
Which Income Class Are You?

And it supports what I have been saying. From your very own cite.

• The middle class constitutes a slim majority of the U.S. population (52%), but that is still less than it has been in nearly half a century.
• The share of income captured by the middle class has fallen from 60% in 1970 to 43% in 2014.
• The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum

Where does that extreme bottom come from? Is it magically created from a box of Lucky Charms? It has to come for somewhere. It comes from the traditional poverty (which has gone down if you believe the trumpster) and from the slipping middle class. The middle class used to be 60%. What happened. It's not like they all got rich all of a sudden. The upper middle didn't expand. But the Rich did expand. it actually didn't get any more people, it just got richer. Meanwhile, there is only X number of dollars so that money had to come from somewhere. You guessed it, it came from the shrinking middle class. Your claim that the middle class has largely just moved up is incorrect. The ones above the Middle Class remained about the same while the poverty class or lower class went up in numbers. Last time I checked, that meant that the US Economy wasn't doing as rosy red as it's claimed. But a small percentage are doing friggin fantastic.

No, it does not back your assertion. A larger portion of people are moving UP rather than down. Hard fact.

You know what you have failed to post thus far? A single fact.

Yet the extreme class grows and the upper 20% grows. Where are all those middle class going? Is it mass suicide? Did they just skip all the other classes and magically appear in the top 20%? It doesn't work that way.

Again, from your own cite.

• The middle class constitutes a slim majority of the U.S. population (52%), but that is still less than it has been in nearly half a century.
• The share of income captured by the middle class has fallen from 60% in 1970 to 43% in 2014.
• The middle class is shrinking due to an increase in population at the extreme bottom and top of the economic spectrum

And? When did I argue that the middle class was not shrinking. I specifically said that it was. Can you follow the conversation? The above does not support your statement that the middle is being lost to the poor.

One more time - MORE of the middle is rising up than down. Some are going down, more is going up. You have yet to cite anything whatsoever that refutes that.

They are some moving up, yes. Some are moving down. While most are saving the same. What's happening is the range that people use for determining the rate of middle class keeps going up. So many of the middle class are actually making the same wages (wage stagnation) but they just moved from middle class to a lower bracket. If you use (and I do) the 10year old rate of 25k, In order to make things look more cheary, move the min figure (and the max figure) up 10K or more. Move it to 35K or 45K depending on the false narrative one wants to present, makes the story easier to sell.

I make about 30K a year and consider myself Middle Class. I live comfortable, own my vehicle, home, can afford to eat out generously, pay cash for almost everything, pay my bills on time, etc.. That sounds like Middle class to me. When I pass on, I will owe nothing to anyone and have a surplus that someone will have to get rid of. I may or may not have to figure out how to disperse that. But after I buy the farm, will I even care. But under the definition of Middle Class I fit securely into it. Yet according to your min of 35K and others at 45K, I am not middle class. The Middle class didn't change, you just moved the goal post to try and show a false conclusion.

Of course it keeps going up. That is called inflation. Do you think that 25K in 1970 is the same as today? Of course not, that is why the chart presented is in constant 2016 dollars. Do you really think that the middle class should remain at a set and constant amount? It is interesting that you want to set middle class at 12 bucks an hour though as that really torpedoes raising the minimum wage argument. You also continually mention 45K that 'some' use. A figure that I have not brought up even once and is utterly not relevant to any point I have made.

And moving the goalpost back to 25K would paint a BETTER picture as I already pointed out - FAR fewer would be in poverty and the upper class would then represent an even larger percentage of growth over the poor. Above you failed yet again to post any facts yet make sweeping conjecture about why facts I have posted should be ignored simply because they disagree with your preconceptions.

You can bloviate on and on about your personal situation - it is not relevant when discussing the real economic problems we may or may not be facing as a nation. The facts speak for themselves and you have not addressed them even once. Not one single word in any of your posts addressed the facts as brought up other than to pretend that they are false without a single fact to back that up.

 

[Cellblock2429]

The middle and lower classes are definitely moving way down.

That is easy to show by the drastic drop in home ownership.

It is actually much worse than that, since the graph ends in 2015, and home ownership now is down as low as 40%.
To put that in perspective, most of the civilized world has more like 80 or 90% home ownership.
There is no greater practical measure of financial freedom than home ownership.
It not only is essential to retirement financing, but reduces crime, builds neighborhoods, etc.

Unemployment compensation for simply being unemployed is more cost effective and helps stabilize markets in a market friendly manner.

Until the money runs out. What then?

Nobody takes the right wing seriously about economics. The cost would be around three trillion. Since most of that would be going to the Poor, it means a three trillion dollar infusion to our economy on an institutional basis that helps provide an upward pressure on wages.

/—-/ Ok, tell us what corporations do with tax increases?

I don't remember. It's been too long since they actually had a tax increase. But it's easy to remember them getting a tax decrease. Paying zero taxes. How can you get a tax decrease from that? Easy answer, take more money and pay bonuses until it's back to zero again.

/—-/ What a dumb answer. And you say no one takes the right wing seriously. Well, as it’s been painfully explained in the simplest terms, corporations treat taxes as overhead and pass the cost on to the consumers with higher prices. Tax cuts are treated as reduced overhead and use the saved funds in a variety of ways. Duhhhhhh