Shuffling it because he can say, “I’m going to cut your taxes!” And then do so and people say yay, he did what he said he was going to do, then he throws on the Tariffs and it taxes everyone across the board. What that means is he was able to directly increase the taxes on the lower and middle class, and get them to vote for it. While his decreases on taxes and the tarrifs end in a net positive for the rich still.
Shift the weight onto the masses who are struggling.
Exactly. Companies and the rich usually make most of their profits off whats below the bottom line and expectations of the bottom line going up. The majority of the population, lives and breathes what is above the bottom line. Their wages, their equipment, their healthcare, 401k matches… day to day perks, everything down to the coffee quality to keep people going when you should have crashed. That’s where the cuts come from to make sure the bottom line stays positive and increasing, otherwise they would lose investors and stock buyers. So long as they keep buying, they don’t give a damn what happens above the line. Hire micromanagers if they have to, cut bonuses, make employees who would make 55k a year hourly into managers with a set 45k salary with no overtime bonuses because it falls into the loopholes that a certain party keeps fighting to leave open.
Shuffling it because he can say, “I’m going to cut your taxes!” And then do so and people say yay, he did what he said he was going to do, then he throws on the Tariffs and it taxes everyone across the board. What that means is he was able to directly increase the taxes on the lower and middle class, and get them to vote for it. While his decreases on taxes and the tarrifs end in a net positive for the rich still.
Shift the weight onto the masses who are struggling.
Yup, lowering a progressive income tax and increasing a regressive (sales) tax. The poor get hurt much more than the rich.
Exactly. Companies and the rich usually make most of their profits off whats below the bottom line and expectations of the bottom line going up. The majority of the population, lives and breathes what is above the bottom line. Their wages, their equipment, their healthcare, 401k matches… day to day perks, everything down to the coffee quality to keep people going when you should have crashed. That’s where the cuts come from to make sure the bottom line stays positive and increasing, otherwise they would lose investors and stock buyers. So long as they keep buying, they don’t give a damn what happens above the line. Hire micromanagers if they have to, cut bonuses, make employees who would make 55k a year hourly into managers with a set 45k salary with no overtime bonuses because it falls into the loopholes that a certain party keeps fighting to leave open.