Republicans enacted a tax cut in December and any day now, most of the country will find out about it. News has been travelling slowly because media folk have been diligently cataloging the relatively few examples of Americans who will not receive a direct benefit. But details on the individual and corporate tax reforms have begun to seep out of Washington.
The New York Times reports:
The tax overhaul that President Trump signed into law now has more supporters than opponents, buoying Republican hopes for this year’s congressional elections.
The growing public support for the law coincides with an eroding Democratic lead when voters are asked which party they would like to see control Congress.
The tax cut is already popular among Republicans, adds the Times, and “in contrast with many other issues — including Mr. Trump’s job approval rating — it also appears to be winning over some Democrats. Support for the law remains low among Democrats, but it has doubled over the past two months and is twice as strong as their approval of Mr. Trump today.”
It seems that the more time people have to learn about the new law, the more they like it:
Over all, 51 percent of Americans approve of the tax law, while 46 percent disapprove, according to a poll for The New York Times conducted between Feb. 5 and Feb. 11 by SurveyMonkey. Approval has risen from 46 percent in January and 37 percent in December, when the law was passed.
But the poll results also suggest that the GOP has hardly even begun to reap the political benefits. While an overwhelming majority of Americans has received a tax cut, the survey finds that most people still don’t know it. According to the Times: