"POLLS: PLURALITY OF AMERICANS SUPPORT GOP TAX BILL, ECONOMIC CONFIDENCE SOARS" - Guy Benson: Dec 20, 2017;
https://townhall.com/tipsheet/guybenson/2017/12/20/polls-plurality-of-americans-support-gop-tax-bill-economic-confidence-soars-n2424658 [AS I SEE IT: As I said the other day, the mainstream can't stop from casting the tax reform bill - and just about anything positive our President does - in a negative light. It makes you wonder if the polls they keep presenting were done surveying only liberal Democrats (talk about being rhetorical!). If more Americans were to truly grasp what this bill will do for them, their approval should only increase as should the President's job approval rating. Time will tell how well the Republicans do in getting the right information out there. - Stan]
A new national survey from Politico finds that a nine-point plurality supports the GOP plan (44/35), with respondents (correctly) predicting by substantial margins that the proposal will generally help the US economy, corporations, small businesses, and high income families. Where the numbers get dicier -- producing approximately even splits are on the legislation's impact on middle- and lower-income taxpayers, as well as 'people like you:'
Those data points aren't great, but they're much better than other polling we've seen recently. The Politico survey may prove to be an outlier, but its findings are still worth flagging. As for the empirical realities behind those perceptions, nonpartisan data demonstrates that middle class taxpayers benefit disproportionately from the tax cuts, and millions of American workers will benefit from the tax overhaul's economic affects. The nonpartisan Joint Committee on Taxation and Tax Foundation each project higher GDP growth (and more jobs) under the plan, though their predictions diverge on how sweeping and enduring those positive outcomes would be. These signals from manufacturers are certainly a welcome sign, however:
Guy Benson @guypbenson
"Nearly 63 percent of CEOs said business tax reform would encourage capital spending and more than half said they would expand their businesses."https://www.cnbc.com/2017/12/11/manufacturing-ceo-record-high-optimism-on-prospect-of-tax-reform.html …
Manufacturing CEO survey shows record high optimism on prospect of tax reform. In its quarterly survey, the National Association of Manufacturers found 94.6 percent of CEOs were positive about their company's outlook.
Meanwhile, the latest CNBC poll shows a significant surge in economic optimism among Americans, with President Trump's approval rating ticking up several points as a result:
"American optimism on the economy is reaching new heights and President Donald Trump's approval ratings look to be benefiting, at least somewhat. The CNBC All-American Economic Survey found that for the first time in at least 11 years, more than half of respondents to the survey rated the economy as good or excellent, while a near record 41 percent expected the economy to improve in the next year. "We're not measuring a marginal change in the economy, we're measuring a different economy,'' said Public Opinion Strategies' Micah Roberts
...The survey found that 42 percent of Americans expect their wages to rise in the next year, and 41 percent of homeowners see their home values going up, the highest level recorded since 2007
...Trump's approval rating has mostly been disconnected from the better economic data but that could be changing. With gross domestic product rising strongly the past two quarters and the unemployment rate remaining low, Trump's approval rating has jumped. Forty-two percent in the poll approve of the job Trump is doing as president, up 4 points from the September survey, while 49 percent disapprove, down 3 points
...The president's approval numbers are substantially better on the economy. Forty-seven percent approve of his handling of the economy, up 4 points from September, while 43 percent disapprove, up 2 points. For the first time during the Trump presidency, more than half of independents approved of the president's economic stewardship.
This survey found approval for the GOP tax plan underwater at (26/38), but a whopping 36 percent said they don't know enough about the issue, or aren't sure. Republicans would be wise to conduct an all-out messaging blitz because the facts are on their side -- and the side of the vast majority of the American people. Quinnipiac University's pollster has also detected record-setting economic outlook positivity across the country, yet a majority of respondents in that same survey disapprove of Trump's handling of the economy. Democrats also lead by double digits on the generic Congressional ballot, representing the latest brutal finding on that front for the GOP. If these numbers are even close to accurate ten months from now (pay close attention to the senior citizen demographic...gulp), Democrats will be riding their own 2010-style backlash midterm wave. I'll leave you with sub-moronic chanting from insufferable protesters prior to yesterday's House vote on the Republican tax bill:
These people are beyond persuasion (here's my analysis of the "tax reform kills people!" insanity), but perhaps many voters are not -- and maybe their minds will be more open to GOP arguments once they realize their taxes have gone down, not up.
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"Taxpayers Could See Benefits From GOP Tax Bill as Early as February" - Rachel del Guidice / @LRacheldG / December 20, 2017; http://dailysignal.com/2017/12/20/taxpayers-see-benefits-gop-tax-bill-early-february/
"The Economic Impact of the Tax Cuts and Jobs Act" - Parker Sheppard / @parkersheppard / David Burton / December 20, 2017; http://dailysignal.com/2017/12/20/the-economic-impact-of-the-tax-cuts-and-jobs-act/
"Survival of the Shrillest" - George Will, Dec. 20, 2017; http://www.nationalreview.com/article/454820/republican-tax-reform-net-neutrality-democrats-congress-overreaction
"A Solid Accomplishment on Taxes" - by THE (National Review)EDITORS, Dec.18, 2017; http://www.nationalreview.com/article/454726/republican-tax-bill-solid-accomplishment?target=topic&tid=1104
"Overheated Rhetoric on Tax Reform"- by Michael Tanner, Dec. 6, 2017; http://www.nationalreview.com/article/454368/tax-reform-isnt-armageddon?target=topic&tid=1104
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