Poll Finds Upturn in Sentiment on Tax Overhaul and Economy
https://www.nytimes.com/2018/01/16/b...my-survey.html
"Americans are warming to the Republican tax law, and becoming more confident in the economy as a whole. They just aren’t sure that President Trump deserves much credit.
The tax overhaul that Mr. Trump signed into law just before Christmas remains relatively unpopular and highly polarizing, according to a new poll conducted for The New York Times by SurveyMonkey. But support for the law has grown significantly over the past month, and more Americans believe that they will receive a tax cut. Forty-six percent of Americans strongly or somewhat approved of the law in early January, up from 37 percent when the bill was nearing passage in December.
At the same time, falling unemployment, accelerating economic growth and a surging stock market have made Americans increasingly positive about both their own finances and the overall economy. That could be good news for Republicans hoping to overcome Mr. Trump’s unpopularity in the midterm elections."
Many Americans won’t start to see more money in their paychecks until February, because the Internal Revenue Service issued new tax withholding guidance only last week. But a series of high-profile announcements, from companies such as Walmart and Wells Fargo, have cited the tax bill in decisions to raise wages or give employees one-time bonuses."
https://www.nytimes.com/2018/01/16/b...my-survey.html
"Americans are warming to the Republican tax law, and becoming more confident in the economy as a whole. They just aren’t sure that President Trump deserves much credit.
The tax overhaul that Mr. Trump signed into law just before Christmas remains relatively unpopular and highly polarizing, according to a new poll conducted for The New York Times by SurveyMonkey. But support for the law has grown significantly over the past month, and more Americans believe that they will receive a tax cut. Forty-six percent of Americans strongly or somewhat approved of the law in early January, up from 37 percent when the bill was nearing passage in December.
At the same time, falling unemployment, accelerating economic growth and a surging stock market have made Americans increasingly positive about both their own finances and the overall economy. That could be good news for Republicans hoping to overcome Mr. Trump’s unpopularity in the midterm elections."
Many Americans won’t start to see more money in their paychecks until February, because the Internal Revenue Service issued new tax withholding guidance only last week. But a series of high-profile announcements, from companies such as Walmart and Wells Fargo, have cited the tax bill in decisions to raise wages or give employees one-time bonuses."
Comment