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brooklynite

(94,737 posts)
Wed Apr 25, 2018, 03:57 PM Apr 2018

Poll: Most voters say they haven't seen pay boost from tax law

Source: Politico

More than half of registered voters say they haven’t 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, hasn’t 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

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MANative

(4,112 posts)
2. My husband's pay went up a few bucks a week - around $5.
Wed Apr 25, 2018, 04:11 PM
Apr 2018

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

(10,918 posts)
3. With the exact same income, my fed. tax is projected to be $500 higher in 2018
Wed Apr 25, 2018, 04:26 PM
Apr 2018

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

(51,628 posts)
4. I wonder how many had to pay more in taxes and receive less
Wed Apr 25, 2018, 05:05 PM
Apr 2018

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

(68,689 posts)
5. There is no pay boost and since the GOP screwed around with the ACA everyone including those
Wed Apr 25, 2018, 05:13 PM
Apr 2018

with employer based insurance got a huge premium increase...can I just say fuck you Trump and GOPtards.

Rebl2

(13,557 posts)
6. Asked my
Wed Apr 25, 2018, 06:00 PM
Apr 2018

sister if she got a raise or bonus and she didn’t, but then she works for an employer that’s a Trump lover.

Journeyman

(15,039 posts)
8. Asking the wrong people. I'm sure those bankers who made $3.5 Billion so far this year . . .
Wed Apr 25, 2018, 09:42 PM
Apr 2018

have a much rosier picture of the tax law's beneficence.

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