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Majority Now Support Tax Reform

Majority Now Support Tax Reform

51% approve, 46% disapprove

http://insider.foxnews.com/2018/01/28/cherokee-woman-blasts-elizabeth-warren-claiming-native-american-ancestry

Democrats promised the passage of tax reform would spell certain doom, but their absurd fear mongering was all for naught.

Seeing proof that Trump’s tax reform package positively impacted their bank accounts, the majority now support the legislation.

A poll released by the New York Times Monday showed a steady uptick in support since the passage of tax reform, with disapproval for the measure slipping.

https://www.nytimes.com/2018/02/19/business/economy/tax-overhaul-survey.html

https://www.nytimes.com/2018/02/19/business/economy/tax-overhaul-survey.html

Newsmax summarized key data points from the survey:

  • Support from Republicans has risen from 80 percent in December to 89 percent in February.
  • Support from Democrats has risen from 8 percent in December to 19 percent in February.
  • 53 percent of Republicans and 19 percent of Democrats expect to receive an income tax cut because of the law.
  • 20 percent of Republicans and 9 percent of Democrats expect to receive a salary increase.
  • 13 percent of Republicans and 4 percent of Democrats expect to receive a bonus or an increased bonus.

In the upcoming midterm elections, Democrats have unwisely invested a huge chunk of political capital in their opposition to tax reform.

The NYT explains:

“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.

“I think we are essentially seeing Republicans ‘come home’ on the tax plan in our data,” said Lori Weigel, a partner with Public Opinion Strategies, a Republican polling firm. “That is certainly in part due to consistent communications about the tax plan and the news coverage of prominent companies investing in workers.”

Democrats have done little to counter the Republican messaging and concede it has had an effect, along with a series of high-profile company announcements of bonuses, raises or other benefits attributed to tax savings.

But they are ramping up efforts to rebrand the law as disproportionately helping shareholders and the wealthy, and they contend the boost from bonus announcements will fade.

The successful passage of tax reform was a boon for Trump’s approval numbers too. Last week, I blogged about the steady upswing of Trump’s (and generic Republican ballot) approval ratings. Those numbers directly coincide with the tax overhaul deal.

Republicans aren’t in the clear heading into the midterms, but this is one more indicator that the media-touted blue wave is not a sure bet. At least not at this point.

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Comments

Amazing how popular keeping your own money is…..

    What’s amazing is that so many people have a positive view of the tax cut despite the deep, pervasive, heavily entrenched belief that they are not getting any money back from this tax cut themselves. After all, the media told them so over and over.

    Imagine their surprise, repeated millions of times over. I expect it will be quite a show.

    What the Republicans figured out was that 80% of tax filers get a refund. So, coupled with the tax rate changes they changed the withholding amounts. It appears you are getting this nice income boost but you are simply eliminating that tax refund. Additionally, several tax deductions were lost so it will be next year at this time that you will actually understand the impact of the tax changes. Don’t get too excited now. Be patient. It might be great or it might not.

notamemberofanyorganizedpolicital | February 20, 2018 at 3:09 pm

Don’t worry, the support will go higher!

Besides…..no one believes the polls of the New York Times.

the fun think is. compare Clinton, ah the bush,democratic stimulus bill, Clinton raised taxes to get about 800m stimulus bill, the Bush/Democratic spend 700m for a “shovel ready” stimulus bill, bet most of the money went to connected sources, on the other hand Trump did a 1.5 stimulus bill by giving it to the business generally(even ones that didn’t support him), and directly to the people paying taxes. Sure some people will see their taxes go up but they are in high tax states(see NY, CA, and MA)

It all comes down to one word: “proof.”

People like to see proof that their elected leaders will deliver on their promises. The Dems have been yowling about how bad this tax bill will be for ordinary voters, while DJT has been saying something different.

What numbnuts are in the 46%? Can I talk to them, please?

    UnCivilServant in reply to heyjoojoo. | February 20, 2018 at 5:49 pm

    Well, aren’t there something like 47% who don’t pay any taxes? Plus true blue believers whose ambitions are hurt by the rate changes?

“Seeing proof that Trump’s tax reform package positively impacted their bank accounts, the majority now support the legislation.”

Let’s rap it, peeps:

Trump handed Uncle Sam the word,
get right with the Laffer Curve.

Liberals losing sh1t o’er new rate,
cause their brains just can’t cogitate.

We got mo’ $$ in pocket,
the economy shootin’ like a rocket…

Ok. That’s enough of that crap.

This explains why the Democrats are launching a 100 city tour to protest the tax cut.

yes, they are that out of touch

So, 46% don’t like the the Trump tax reform, but it is reported that 45% don’t pay federal taxes anyway. Why would they support the reform? What’s in it for them? Let us see the statistics for those that actually pay taxes – then make some conclusions.

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