Thursday, February 22, 2018

Only A Quarter Of Americans Have Seen More In Paychecks


When the new tax law was passed,  Trump and the congressional Republicans told Americans that it was a law that mainly benefitted the missile class -- and most Americans would see more money in their paychecks as a result of the new law. That has simply not happened.

The chart above shows the results of a new Politico / Morning Consult Poll -- done between February 15th and 19th of a random national sample of 1,989 registered voters, with a margin of error of only 2 points.

The poll shows that only about 25% of Americans have actually seen an increase in their paychecks due to less tax being deducted from it. The poll didn't ask how much more that 25% saw, but you can bet it was far less than the huge tax cuts the rich and corporations got out of the new law. I suspect for most it was just a pittance.

This was the law the Republicans were counting on to save them in the 2018 elections. I don't think it will do that -- especially since we are also not seeing the massive creation of new jobs that were also promised. I think the middle and working classes will understand that they were once again conned by the Republicans.

The Republicans made promises to the middle class, but delivered only to the rich and corporations. They should be punished for that in November.

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