{"id":2430,"date":"2018-03-27T20:23:00","date_gmt":"2018-03-27T20:23:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2018\/03\/27\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/"},"modified":"2018-03-27T20:23:00","modified_gmt":"2018-03-27T20:23:00","slug":"trump-tax-is-not-tricking-down-voters-dont-expect-it-will","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/","title":{"rendered":"Trump Tax Is Not Tricking Down &#038; Voters Don\u2019t Expect It Will"},"content":{"rendered":"<p>The Trump tax isn&rsquo;t doing Republicans any favors. Despite their promises, a new survey confirms that the Trump tax is not trickling down to workers, and a new poll shows that voters see through their lies. See for yourself:<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Despite Republican promises, a new survey shows that massive tax cuts for corporations have done little to spur investment or create jobs. <\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"http:\/\/www.businessinsider.com\/tax-cuts-fail-to-boost-corporate-investment-plans-fed-survey-shows-2018-3\">Business Insider<\/a>: &ldquo;Republicans&#39; pitch on tax cuts was fairly clear: Lower rates on corporations would spur investment and create new jobs. A new survey published by the Federal Reserve Bank of Atlanta in conjunction with Stanford University and University of Chicago Booth School economists shows <strong>the new policy measures have done little do bolster corporate investment plans<\/strong>.&rdquo;<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p><strong>In fact, if anything, corporations have revised down their expectations for this year &ndash; meaning the Trump tax will not trickle down.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"http:\/\/www.businessinsider.com\/tax-cuts-fail-to-boost-corporate-investment-plans-fed-survey-shows-2018-3\">Business Insider<\/a>: &ldquo;&lsquo;In our February survey&mdash;which was in the field from February 12 through February 23&mdash;we asked firms, &#39;How has the recently enacted Tax Cuts and Jobs Act led you to revise your plans for capital expenditures in 2018?&#39; The results shown below&mdash;restricted to the 218 firms that responded in both November 2017 and February 2018&mdash;suggest that, <strong>if anything, these firms have revised down their expectations for this year<\/strong>.&rsquo;&#8221;<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p><strong>Americans know the Trump tax was not written for them. Voters continue to oppose the law and more say it will hurt their family&rsquo;s finances than help.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.publicpolicypolling.com\/polls\/voters-like-high-school-gun-protesters-dont-like-nra\/\">Public Policy Polling<\/a>: &ldquo;<strong>Another thing causing Republicans trouble is that the tax bill isn&rsquo;t doing them any favors<\/strong>. Only 31% of voters say they support it to 40% who are opposed. Continuing with that 31% figure, only 31% of voters think the tax plan is actually going to help their family&rsquo;s finances with 33% saying they think it will actually hurt, and 29% saying they think it will not have any impact. 57% think the tax plan will mostly help the rich to 29% who think the middle class will be the biggest beneficiaries.&rdquo;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trump tax isn&rsquo;t doing Republicans any favors. Despite their promises, a new survey confirms that the Trump tax is not trickling down to workers, and a new poll shows that voters see through their lies. See for yourself: &nbsp; Despite Republican promises, a new survey shows that massive tax cuts for corporations have done <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2430","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Tax Is Not Tricking Down &amp; Voters Don\u2019t Expect It Will - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-27T20:23:00+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/\",\"url\":\"https:\/\/democrats.org\/news\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/\",\"name\":\"Trump Tax Is Not Tricking Down & Voters Don\u2019t Expect It Will - Democrats\",\"isPartOf\":{\"@id\":\"https:\/\/democrats.org\/#website\"},\"datePublished\":\"2018-03-27T20:23:00+00:00\",\"author\":{\"@id\":\"\"},\"breadcrumb\":{\"@id\":\"https:\/\/democrats.org\/news\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/democrats.org\/news\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/democrats.org\/news\/trump-tax-is-not-tricking-down-voters-dont-expect-it-will\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/democrats.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trump Tax Is Not Tricking Down &#038; 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