• Tax Overhaul Gains Public Support according to NYT Poll
    10 replies, posted
[quote]The tax overhaul that President Trump signed into law now has more supporters than opponents, buoying Republican hopes for this year’s congressional elections. The growing public support for the law coincides with an eroding Democratic lead when voters are asked which party they would like to see control Congress. And it follows an aggressive effort by Republicans, backed by millions of dollars of advertising from conservative groups, to persuade voters of the law’s benefits. That campaign has rallied support from Republicans, in particular. But in contrast with many other issues — including Mr. Trump’s job approval rating — it also appears to be winning over some Democrats. Support for the law remains low among Democrats, but it has doubled over the past two months and is twice as strong as their approval of Mr. Trump today. Erin Parker, a high school history teacher in San Antonio, said she did not like many elements of the law, particularly its big reduction of the estate tax, and said she was skeptical that it would provide much of an economic lift. But Ms. Parker, who described herself as an independent who tends to support Democrats, said the bill would probably help the technology start-up where her husband works. “Hearing about the implications for my husband’s business improved my view of it a bit,” she said. Over all, 51 percent of Americans approve of the tax law, while 46 percent disapprove, according to a poll for The New York Times conducted between Feb. 5 and Feb. 11 by SurveyMonkey. Approval has risen from 46 percent in January and 37 percent in December, when the law was passed. “Public opinion is moving in the direction of this bill,” said Jon Cohen, chief research officer for SurveyMonkey. “Considering where it was, it is dramatically different.” Mr. Cohen cautioned that the bill still was not particularly popular, and opposition among Democrats remained strong. Still, support has grown even among Democrats, from 8 percent just before the bill passed in December to 19 percent this month. For Democrats, Mr. Cohen said, running on opposition to the bill has become more of a political gamble. “It’s less of a sure bet than it seemed in December,” he said. “This isn’t a problem yet for Democrats, but the movement isn’t a positive one.” Other recent polls have shown similar upswings for the law, including a Monmouth University Poll in late January that found support for it had risen to 44 percent nationally, from 26 percent in December. ...[/quote] [url]https://www.nytimes.com/2018/02/19/business/economy/tax-overhaul-survey.html[/url]
wait till people don't get tax returns because they mucked around with the W-2 withholdings to give people a "raise"
whoa hold the phone, an incredibly slim majority of americans approve of the bill
Of course the general people are going to support it, though? This is the first time in a while that the middle class [I]directly[/I] got a sizable tax cut. In that regard, it's a great boost to consumer confidence. Now the Republicans have to counter the increased deficit that they've caused, and the new fed head has to be able to competently control what's going on in the economy. Don't start celebrating yet.
I'll be saving $80 a year. I mean yeah, it's $80 I otherwise wouldn't have, but when balanced against all the malicious shit Republicans and Trump do I feel like I could live without.
Who would've thought that the surface effect of an entire class of (incredibly neglected) people getting a slight tax cut and increase in their pay would be popular, especially whenever all the other horrible shit tied to it isn't made aware to them. If I give you a free sandwich you'll be happy. Especially if you didn't know that I beat up a poor kid, took the contents of his refrigerator, made a sandwich to give to you and took the rest for myself.
[QUOTE=kyle877;53147712]Who would've thought that the surface effect of an entire class of (incredibly neglected) people getting a slight tax cut [B]and increase in their pay[/B] would be popular, especially whenever all the other horrible shit tied to it isn't made aware to them. If I give you a free sandwich you'll be happy. Especially if you didn't know that I beat up a poor kid, took the contents of his refrigerator, made a sandwich to give to you and took the rest for myself.[/QUOTE] According to OP's article only about 3% of companies are planning long-term wage increases from these savings.
[QUOTE=Raidyr;53147725]According to OP's article only about 3% of companies are planning long-term wage increases from these savings.[/QUOTE] I was referring specifically to the money made by the tax cut itself. I got a couple extra dollars onto my paycheck at the end of the week, but nothing to write home about. I'd be surprised if even 3% of companies hold up to that without letting a large portion of their workforce off, ala Comcast
[QUOTE=kyle877;53147766]I was referring specifically to the money made by the tax cut itself. I got a couple extra dollars onto my paycheck at the end of the week, but nothing to write home about. I'd be surprised if even 3% of companies hold up to that without letting a large portion of their workforce off, ala Comcast[/QUOTE] what's worse is the 1000$ hush money bonuses are drying up while already over 120 billion in stock buybacks have been announced with many more to come. This is still a developing story as it were
Not everyone's feeling it. [url]http://thehill.com/policy/finance/374799-poll-most-americans-not-getting-bigger-paychecks-in-wake-of-tax-overhaul?amp&__twitter_impression=true[/url] Probably lower considering Republicans are reporting 10% higher numbers than both Democrats and Independents, which sounds like BS to me.
[QUOTE=shadow_oap;53149109]Not everyone's feeling it. [url]http://thehill.com/policy/finance/374799-poll-most-americans-not-getting-bigger-paychecks-in-wake-of-tax-overhaul?amp&__twitter_impression=true[/url] Probably lower considering Republicans are reporting 10% higher numbers than both Democrats and Independents, which sounds like BS to me.[/QUOTE] The majority of workers should be seeing an increase, but the fact that only a minority actually [I]notice [/I]it says a lot about who this tax plan was aimed at (hint: not the working class)
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