Poll: Most voters say they haven't seen pay boost from tax law
Source: Politico
More than half of registered voters say they havent noticed an increase in their paychecks as a result of the new tax law, and support for the law overall remains tepid, according to a new POLITICO/Morning Consult poll.
The April 19-23 survey suggests that Republicans message about the benefits of the tax cuts, which they are counting on to buoy their election fortunes in November, hasnt broken through. At the same time, those who said they have seen a pay increase were more likely to support Republicans in Congress who voted for the tax overhaul than Democrats who opposed it.
The poll results were heavily colored by partisanship, with Republicans overwhelmingly supporting the law and Democrats opposing it. A plurality of independent voters supported it.
Even whether someone noticed a pay bump appeared influenced by politics, with twice as many Republicans saying they had seen one as Democrats.
Read more: https://www.politico.com/story/2018/04/25/poll-tax-law-503982
neeksgeek
(1,214 posts)An hour away from home and my first job.
MANative
(4,113 posts)Mine was harder to determine, because I had a raise, and I also changed my 401K contribution and upped my withholding, partly because I owed a high four-figure check to Uncle Sam this year. I worry that it'll be worse next year when we can't deduct SALT. That's going to hurt a lot of us in the NYC metro area.
progree
(10,930 posts)Per my tax preparer's projection where he simply put my 2017 tax return incomes, dividends, deductions, etc. etc. into 2018 (some automated process his tax software has).
Reason: my itemized deductions exceed both the standard deduction in 2017 and the new higher standard deduction in 2018. So the increase in the standard deduction in the TCJA doesn't help me at all.
But I get screwed by the loss of the $4,050 personal exemption (I'm single, for marrieds filing jointly its 2X that), and that loss of exemption offsets the benefits of slightly lower rates (e.g. 12% instead of 15%).
BigmanPigman
(51,649 posts)after filing their returns due to the ACA. I am getting $500 less as a tax return than I normally would and I have to pay thousands more a year due to changes in the ACA. A shopkeeper told me that she (a tRump supporter who knows about my health and financial situation) got a couple thousand more back after filing hers but her uncle (who has the ACA) had to pay $10,000 more than he normally does.
The press/media and Dems need to look into this before the midterms if they are to campaign on affordable health care and the tax scam. The Dems need to stay away from the issues that are controversial...like abortion, immigration, and the 2 amend. They need to focus on the issues that both parties voters support (healthcare and and the tax cuts/jobs).
Demsrule86
(68,768 posts)with employer based insurance got a huge premium increase...can I just say fuck you Trump and GOPtards.
Rebl2
(13,583 posts)sister if she got a raise or bonus and she didnt, but then she works for an employer thats a Trump lover.
Sedona
(3,769 posts)Extra $100 going out in increased insurance premiums.
Journeyman
(15,043 posts)have a much rosier picture of the tax law's beneficence.