Only one in five U.S. taxpayers expect to see savings this year as a result of Trump's tax overhaul via ReutersTV
NEW YORK - Only one in five U.S. taxpayers expect to pay less income tax this year as a result of the tax reform law passed in 2017 by Republicans who promised big savings for everyday Americans, according to a Reuters/Ipsos opinion poll released on Friday.
Just prior to approval of the tax reform by the Republican-controlled Congress, Trump said, “This is going to be one of the great gifts to the middle-income people of this country that they’ve ever gotten for Christmas.” The March 6-11 survey found about 21 percent of adults who had either filed their taxes or planned to said “the new tax plan that Congress recently passed” would let them pay less this year; about 29 percent said they would pay more; 27 percent said there would be no impact; 24 percent said they were not sure.
Among Democrats, about 8 percent said they would pay less; about 45 percent said they would pay more.
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