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The Guardians of Democracy

The Guardians of Democracy

Majority Of Americans Are Not Seeing Larger Paychecks Due To GOP Tax Cuts, Poll Finds

NEWS

Majority Of Americans Are Not Seeing Larger Paychecks Due To GOP Tax Cuts, Poll Finds




A new CNBC All-America Economic Survey has found that a majority of Americans say they are not seeing more money in their paychecks due to the Republican tax cuts, despite Treasury Secretary Steve Mnuchin claiming that 90 percent should already see bigger paychecks.

Fifty-two percent of respondents say they haven’t seen a change in their paychecks, and just 32 percent of respondents report taking home more money due to the tax cuts, which Trump signed into law late last year.

Of the 32 percent saying they are taking home more money, 38 percent say the extra pay they receive helps them a “great deal” or a “fair amount.”




Forty percent of respondents say the extra pay helps “some” or “just a little,” and 22 percent report that the extra pay “does not help much at all.”




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