Highlighting the political and economic weakness of the Republican party's tax cuts, a new Reuters/Ipsos poll found that barely more than 20 percent of American expect to actually receive a tax cut.
In fact, the number of Americans who expect to pay more in taxes is now higher than the number who are expecting to pay less
NEW YORK (Reuters) - Only one in five U.S. taxpayers expect to pay less income tax this year as a result of the tax reform law passed in 2017 by Republicans who promised big savings for everyday Americans, according to a Reuters/Ipsos opinion poll released on Friday. [...]
The March 6-11 survey found about 21 percent of adults who had either filed their taxes or planned to said “the new tax plan that Congress recently passed” would let them pay less this year; about 29 percent said they would pay more; 27 percent said there would be no impact; 24 percent said they were not sure.
Surprisingly, only 33 percent of self-identified Republicans polled by Reuters are expecting to pay less this year.
That obviously doesn't mean Republicans are finally going to stop believing every lie their party leaders tell them about rising tides lifting all boats, but it does give Democratic candidates an opportunity to appeal to voters who may be on the fence.
The Trump regime has been very good for you if you're a corporate executive or wealthy shareholder, but it has not been so good for the average Americans who are going to be asked to pay for the GOP's tax cuts at some point.
The bill is going to come due and those who received virtually no benefit from it will be asked to pay for it. The GOP privatized the gains and socialized the losses when they engineered their tax cuts to benefit shareholders more than anyone else.