Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Poll: Majority of Americans not seeing change in paychecks due to tax cuts
The Hill ^ | 3/28/18 | Rebecca Savransky

Posted on 03/28/2018 6:36:53 AM PDT by ProtectOurFreedom

A majority of Americans is not yet seeing President Trump's tax cuts reflected in their paychecks, according to a new poll.

A CNBC All-America Economic Survey finds 52 percent of respondents say they haven't seen a change.

Just 32 percent of respondents report taking home more money due to the tax cuts, which Trump signed into law late last year.

Of that percentage, 38 percent say the extra pay they helps them a "great deal" or a "fair amount." Another 40 percent say the extra pay helps "some" or "just a little" and 22 percent report that the extra pay "does not help much at all."

The poll was conducted from March 17 to 20 among 800 Americans. Its margin of error is 3.5 percent.

The Treasury Department and IRS released new guidance earlier this year that adjusted the amounts that companies set aside from their employees' paychecks for federal taxes.

Employers were instructed to adopt the new withholding tables by Feb. 15.

Treasury Secretary Steven Mnuchin has said that 90 percent of wage earners would see bigger paychecks due to the guidance.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: taxcuts; taxes
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-66 next last
To: ProtectOurFreedom

Because they also asked welfare recipients if their take home pay went up. You have to figure out what percentage of people they polled actually work, to get the correct number.


21 posted on 03/28/2018 6:50:08 AM PDT by wbarmy (I chose to be a sheepdog once I saw what happens to the sheep.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bankwalker

Our got bigger. The the locals proceeded to take a YUGE bit out of it. I’m NOT blaming Trump for that, but I hope he keeps in mind then when politicians think you have more money, they’re inclined to take more.


22 posted on 03/28/2018 6:50:18 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
[ Post Reply | Private Reply | To 8 | View Replies]

To: ProtectOurFreedom

I get paid every week. I thought it had not changed, but it turns out it did. $8 per paycheck. :\


23 posted on 03/28/2018 6:50:28 AM PDT by robroys woman (So you're not confused, I'm using my wife's account.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JZelle

LOL...”temporary” for DACA means forever but “temporary” for tax cuts means one paycheck.


24 posted on 03/28/2018 6:50:48 AM PDT by ProtectOurFreedom
[ Post Reply | Private Reply | To 7 | View Replies]

To: All
CNBCs John Harwood approves of this message.


25 posted on 03/28/2018 6:52:04 AM PDT by JonPreston
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom

I can’t find any link or detailed info on the poll’s methodology. And a sample of 800 makes for a crock poll.


26 posted on 03/28/2018 6:52:32 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom
“They obviously did not ask 100% of workers if they saw a hike in take-home pay.”

Good point. A lot of Americans are not in the work force; either they are retired or don't believe in being in the work force. Of course, that segment did not see an increase in their paychecks because they are not receiving a paycheck.

And that kind of sample brings the average down.

27 posted on 03/28/2018 6:52:33 AM PDT by jeffersondem
[ Post Reply | Private Reply | To 15 | View Replies]

To: jacknhoo

Bingo. Headline: Tax cut helps those who pay no taxes (Democrats) least.


28 posted on 03/28/2018 6:53:02 AM PDT by hardspunned
[ Post Reply | Private Reply | To 5 | View Replies]

To: ProtectOurFreedom

Don’t believe it. I saw an $85/month increase in my take home and I make $65K annual.


29 posted on 03/28/2018 6:54:44 AM PDT by nfldgirl
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom

A CNBC poll? Really? Wikileaks revealed that CNBC was one of the media outlets conspiring with the DNC to create bogus Trump polls during the campaign in order to depress Trump supporters.


30 posted on 03/28/2018 6:55:37 AM PDT by circlecity
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom
Poll: Majority of Americans not seeing change in paychecks due to tax cuts

Fake News.
Translation...

Ilegal criminal aliens, past, present and future, and parasites who have never contributed a cent to the safety and welfare of our country, will continue to enjoy the benefits of actual citizenship as far into the future as can be determined.

Completely irrelevant and useless thread...

THREAD REJECTED! unread...

Moving right along...

31 posted on 03/28/2018 6:55:51 AM PDT by publius911 (Declaration: MSM, I am so over watching or listening to bald perverts, thugs and sluts)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom

I did see an increase in my paycheck but it was negated by an increased cost of my health insurance. Without the increase pay due to lower taxes, I would be bringing in less cash monthly.


32 posted on 03/28/2018 6:56:36 AM PDT by texteacher
[ Post Reply | Private Reply | To 1 | View Replies]

To: AppyPappy

Mine went up $120 every two weeks ($240 month).

Go TRUMP!


33 posted on 03/28/2018 6:56:59 AM PDT by VastRWCon (LARGE PRINT GIVE IT, small print take it away.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: ProtectOurFreedom

Husband makes a goodly amount of money, and we immediately noticed a difference. I work for a set amount of pay which is piddly. I work on an as needed basis, so one week, I could work two days. Another week, I could work three days and two half days. There is no difference in my pay because so little was taken out already. Like I said, I make a piddly amount. I remember the first week that the tax cut was noticeable in pay checks. A bunch of teachers were commenting on how much more they had in their checks. The teachers were all happy.


34 posted on 03/28/2018 6:58:08 AM PDT by petitfour (APPEAL TO HEAVEN)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom

Occam’s Razor Answer: Most people are too clueless to even look at their pay stubs.


35 posted on 03/28/2018 6:58:26 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom

Starting with the Fed wanting to raise gas tax, higher interest rates, watch out for the states working in the background raising such taxes as they can ...

See no ‘reason’ that by the time election time rolls around they will be screaming that there is no difference in their paychecks so PDT must be ‘lying’ while not seeing the raise in all the taxes AND the 15 per hr min wage kicking in.

Just who in the hell do people think is going to pay all this?

Got to use the old 10 guys meet everyday after work and have a few beers. The owner likes the business and the 10 do attract other customers so he devises a plan to let them all pool the check and pay as to what they are ‘worth’.
The initial plan called for the bottom 2 paying nothing and gradually raising till the bill was paid.
Business got good so the owner rewrote the ‘plan’ and now the bottom 4 are paying nothing etc etc etc.

The owner ‘gets a huge tax break and other prices are going down so he decides to give the 10 a rebate.

The bottom 5 got a few cents and it worked its way to the top with the #10 guy getting a huger amount than the rest.

‘They’ started complaining, took the ‘big winner’ out back and kicked the crap out of him.

Next day they wondered why Charlie didn’t show up and NO one had enough money to cover the check.....


36 posted on 03/28/2018 7:00:52 AM PDT by xrmusn ((6/98)""Liberals suffer from PTDS -PRESIDENT TRUMP DERANGEMENT SYNDROME")
[ Post Reply | Private Reply | To 1 | View Replies]

To: jacknhoo
You have to be employed and pay federal taxes.

With all due respect, no you don't. Not only did our SS go up, but my wife's state retirement also went up, partly due to less withholding.

37 posted on 03/28/2018 7:00:57 AM PDT by eastexsteve
[ Post Reply | Private Reply | To 5 | View Replies]

To: ProtectOurFreedom

800 “Americans”, eh? In a poll done by and for the Trump hating media.

Meanwhile, consumer and business confidence is soaring.

Shove it, media.


38 posted on 03/28/2018 7:02:52 AM PDT by SoFloFreeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom
A CNBC All-America Economic Survey finds 52 percent of respondents say they haven't seen a change.

..Which means that 52 percent of the people surveyed can't add.

39 posted on 03/28/2018 7:03:08 AM PDT by eastexsteve
[ Post Reply | Private Reply | To 1 | View Replies]

To: Buckeye McFrog

That was my first thought. How many people know how to read a pay stub? Or how many people pay close enough attention to their bank account to know exactly how much they make every pay cycle?


40 posted on 03/28/2018 7:07:43 AM PDT by Hoffer Rand (God be greater than the worries in my life, be stronger than the weakness in my mind, be magnified.)
[ Post Reply | Private Reply | To 35 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-66 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson