04/15/2019

Americans Are Unhappy With The Tax Overhaul

Some are saying the GOP should be worried

If you ask any Republican member of the U.S. House of Representatives or the U.S. Senate what is the most significant fiscal accomplishment of the Trump presidency, the overwhelming answer would be the Tax Cuts and Jobs Act, or TCJA.

When passed in December 2017, the TCJA did not have majority American support. Despite this lack of early support, the GOP believed that once the tax bill was fully implemented, the American taxpayers would be impressed with their large tax savings, and public opinion on the TCJA would become overwhelmingly positive.

To that point, Senate Majority Leader Mitch McConnell, R-Ky., dismissed early criticism, saying, “We’ll see how unpopular it is when people start noticing they’re paying less in taxes, the economy’s growing, there are more jobs and opportunity.”

Please select this link to read the complete article from CNBC.