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The Wall Street Journal: Trump’s tax cuts aren’t being felt by American taxpayers, finds Wall Street Journal–NBC poll

Over half of those polled say their taxes have barley changed, or they don’t know if their taxes have changed. Read More...

Republicans gave tax cuts to two-thirds of households, but many of those people are barely noticing a difference in their bottom lines, according to a new Wall Street Journal/NBC News poll.

Just 17% of respondents said they are paying less in taxes under the new law, while 28% say they’re paying more. The rest either say they don’t know or that their taxes have barely changed.

Key Words: Andrew Cuomo blasts Rick Scott op-ed claiming New York is a burden to Florida taxpayers

Those numbers mirror last year’s poll data, suggesting that the experience of filing the first tax returns under the new law hasn’t made much of a difference in whether people think they’re winning or losing.

Here’s the reality, according to recent data from the congressional Joint Committee on Taxation: For 2019, 48% of households are getting a tax cut greater than $500, compared with what they would have paid under the old tax law. Just 5.5% of households face tax increases greater than $100.

An expanded version of this story appears at WSJ.com.

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