Despite Republican tax bill promises, most voters don’t see bigger paychecks

Trump

Republicans promised workers would see higher wages under their tax bill, but months later that promise is coming up empty.

Republicans promised bigger paychecks would accompany their deeply unpopular tax bill, but most Americans aren’t seeing any benefit at all. According to a new Morning Consult survey, a majority of Americans (51 percent) say they have not noticed any increase in their paychecks.

When the bill was being considered, Palmdale’s Rep. Steve Knight blasted out a press release promising “workers [will] see more money in their paychecks every month for them and their families to enjoy.”

In reality, only 1 in 4 voters saw an increase.

Orange County’s embattled Republican Rep. Mimi Walters praised the bill on the day it passed, saying it would “allow hard-working Americans to keep more of their paychecks.”

Just another empty promise.

Republican politicians promised everyone would benefit, but voters see through the political spin. According to a recent nationwide survey, 58 percent of Americans rightly understand that “large U.S. corporations or wealthy Americans stand to benefit most from the tax legislation.”

Voters, not the Republicans that peddle deception, were right.

“Our polling shows high-income earners are more likely to have noticed an increase in their paychecks as a result of the tax bill,” said Kyle Dropp, Morning Consult’s co-founder and chief research officer. The poll showed 40 percent of voters who earn more than $100,000 said they noticed a pay increase, while merely 16 percent of voters earning less than $50,000 saw an increase.

While Walters is touting a secretary receiving $1.50 per week more, Wall Street is being “lavished” with corporate stock buybacks to the tune of $171 billion, showering investors with benefits.

As the wealthy are seeing even larger paychecks, millions of Californians will be hit with higher taxes in the coming years, thanks to the efforts of Knight and Walters. Meanwhile, the luxury private jet industry is in a “golden age” as businesses have plenty of cash to upgrade planes.

Californians were opposed to the tax bill before it passed. But when Trump needed the votes of California Republicans to pass the bill in the House of Representatives, Knight and Walters turned their backs on their constituents.

Voters knew the bill was loaded with provisions to help Wall Street and the top 1 percent, but their opposition didn’t stop Knight and Walters from voting for it.

A recent analysis showed support for the tax bill could “doom Republicans this November.” Unless their districts are full of corporate jet owners, Knight and Walters could prove that analysis correct.