Tax cut arrives, and Americans ask what’s in it for them – and for country
Here’s the paradox of the Republican tax plan: It promises to deliver tax cuts to most Americans, but that doesn’t mean Americans like it.
Partly that reflects the politics of a bill that’s been widely publicized as favoring business and the wealthy over average households.
The plan, expected to clear its final hurdle in Congress Tuesday, is also controversial because of projections that tax cuts will add to federal deficits at a time when the government chronically fails to balance its books – even during good times.
But it may also be that this bill is simply so fresh off the drawing boards that many Americans have little idea how it will affect their own pocketbooks.
A new CNN poll, which found 55 percent of Americans opposing the bill compared with 33 percent in support, also found that almost twice as many people think it’ll make them worse off rather than better off personally.
A skewing in benefitsModest cuts for manyPlan now for 2018?You’re reading a preview, subscribe to read more.
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