Before the Tax Cuts and Jobs Act was signed into law in late December, the narrative coming from Democrats and the media was one of doom and gloom. According to them, the tax reform was actually going to harm the less-wealthy and only benefit the rich.
House Minority Leader Nancy Pelosi (D-CA) even said the impending bill was “the end of the world. This is Armageddon.”
As the result of the constant misinformation from them, American’s had a very negative view of the bill. Many polls showed the American public didn’t believe the tax savings would be passed down to them or that they would even see a tax cut.
However, since the bill became law and numerous companies have announced wage increases or larger year-end bonuses, workers are viewing tax reform in a new light.
A poll conducted by the The New York Times found approval for the Tax Cuts and Jobs Act has increased 9 percentage points since last month
For the month of January, approval is at 46 percent. In December, approval only sat at 37 percent. The poll also found an increase in expectancy of getting a tax cut, with expectancy at 41 percent in January as opposed to 33 percent in December.