GOP going for another massive tax cut in the summer to improve chances at the polls
Heading into a contentious campaign for control of Congress, Republicans are increasingly divided over how to bolster their signature legislative achievement — a $1.5 trillion tax cut — amid signs it is not the political gift they had expected it to be last year.
House Speaker Paul D. Ryan (R-Wis.) aims to pass another massive tax cut this summer, which Republicans hope will rev up the GOP base and improve the standing of Republicans at the polls.
But Senate Majority Leader Mitch McConnell (R-Ky.) is under pressure to block a vote, which Republican campaign strategists worry could allow red-state Democrats to vote for additional tax cuts and undermine one of the GOP’s most effective lines of attack in conservative-leaning states: that Democrats voted against a big tax cut last December.
“That’s a very serious concern, and Senator McConnell is going to have to decide what happens in the Senate,” said Ryan Ellis, senior tax adviser with the conservative Family Business Coalition.
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Republicans had bet that increasing the take-home pay of Americans would help them defeat Democrats come November. But months after the tax cut started to affect paychecks, polling shows the legislation remains unpopular. A Wall Street Journal and NBC News poll published this week found that 27 percent of respondents thought the tax law was a good idea, while 36 percent said it was a bad idea.
https://www.washingtonpost.com/business/economy/republicans-fear-political-risk-in-senate-races-as-house-moves-to-extend-tax-cuts/2018/04/18/5eb250a4-4313-11e8-ad8f-27a8c409298b_story.html?utm_term=.ff4dd690cce6
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