Why Don’t Most Americans Realize They’re Getting Tax Cuts for Christmas?
Updated on December 20 at 3:21 p.m.
Have you ever come up with what you think is the perfect Christmas gift—a well-chosen, carefully considered present—only for the recipient to react not just with indifference, but with outright hostility? Donald Trump, Mitch McConnell, and Paul Ryan can sympathize.
Most Americans will save money under the tax bill that the Senate passed Tuesday night and the House passed Wednesday. The size of that benefit varies, but 80 percent of households will see some benefit in 2018. (The cuts shrink over time, eventually .) It’s not just that a plurality of respondents in a new say the cuts are a bad idea (41-24, with 35 percent unsure or holding no opinion), or might have bad long-term effects. It’s that only 17 percent actually believe they’ll get a break. That result is in line with other polls that have shown similar skepticism about .
