Almost two-thirds of Americans polled say they haven’t seen an increase in their take-home pay as a result of last year’s Republican tax-reform bill, according to a new survey.
A Gallup poll published Wednesday found that 64 percent of respondents said they haven’t seen a raise in their take-home pay as a result of reduced federal income taxes. That finding is identical to results in Gallup’s February/March poll taken shortly after the tax changes went into effect.
{mosads}The poll also found that a slim majority of Americans polled — 51 percent — say the law hasn’t helped their family’s financial situation. Meanwhile, 26 percent of respondents said the law has helped a “little” and 12 percent said it has helped “a lot.”
As this fall’s midterm elections near, more Americans disapprove of the tax overhaul than approve of it, per the Gallup poll. The poll found that 46 percent of respondents disapproved of the GOP tax cuts, while 39 percent approved of them.
Those approval ratings are unchanged from the previous Gallup poll about seven months ago. The poll before that, taken in January, found that 55 percent of respondents disapproved of the tax cuts and 33 percent approved.
Americans’ views of the tax cuts are divided by party lines, with 8 percent of Democrats approving and 76 percent of Republicans approving, according to the poll.
The poll’s results were based on telephone interviews conducted Sept. 24-30 with a random sample of 1,462 adults. The poll’s margin of error is 3 percentage points.
Proponents of the tax bill have previously argued that polls could be misleading if they include adults who are unemployed or self-employed and thus wouldn’t be impacted by withholding changes.