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Reply to "Face It: You (Probably) Got a Tax Cut"
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[quote=Anonymous][quote=Anonymous]Face It: You (Probably) Got a Tax Cut [url]https://www.nytimes.com/2019/04/14/business/economy/income-tax-cut.html[/url] If you’re an American taxpayer, you probably got a tax cut last year. And there’s a good chance you don’t believe it. Yet as the first tax filing season under the new law wraps up on Monday, taxpayers are skeptical. A survey conducted in early April for The New York Times by the online research platform SurveyMonkey found that just 40 percent of Americans believed they had received a tax cut under the law. Just 20 percent were certain they had done so. That’s consistent with previous polls finding that most Americans felt they hadn’t gotten a tax cut, and that a large minority thought their taxes had risen — though not even one in 10 households actually got a tax increase. To a large degree, the gap between perception and reality on the tax cuts appears to flow from a sustained — and misleading — effort by liberal opponents of the law to brand it as a broad middle-class tax increase. ... The Tax Policy Center estimates that 65 percent of people paid less under the law and that just 6 percent paid more. (The rest saw little change to their taxes.) [/quote] We certainly saw the benefit. But let's wait to see actual numbers, not old estimates.[/quote]
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