History Suggests Tax Celebration Will Be Short-Lived
December 21, 2017 at 6:46 am EST By Taegan Goddard
Patrick Murray: Bookmark that photo of Republican lawmakers gathering at the White House today to celebrate their first major legislative victory of the Trump era. If history is any guide, many of them may be on their way out this time next year.
Importantly, fully half of the American public believes that their own federal taxes will increase because of this new tax reform package. Only 14% expect that their taxes will go down. In reality, many more than 1-in-7 taxpayers will see at least a nominal decrease. This reality is what GOP lawmakers are banking on when they face the voters next year.
But politics and voters decision-making process isnt always based on reality. It is, however, always based on perception. And based on historical perception metrics, the short-term future doesnt look quite so bright for the bills proponents.
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https://politicalwire.com/2017/12/21/history-suggests-tax-celebration-will-short-lived/