Current Events > 51% of registered voters say their wages have not increased post-tax cut

(+) Yeah! (+)

Only 25% say their wages have increased. The rest selected 'dont know'.

http://thehill.com/policy/finance/374799-poll-most-americans-not-getting-bigger-paychecks-in-wake-of-tax-overhaul?amp&__twitter_impression=true

just the data:

https://www.politico.com/f/?id=00000161-b564-da6b-ade9-fff43a8b0000
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@FLUFFYGERM

Caps

Mine actually did increase by around $60 per paycheck. That's pennies though,and I got a feeling it's just there to keep people's mouth shut about the wealthy getting a bigger cut. Like here's some scraps.
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All I know is that I'm a lot poorer than you Darkman, and I got an increase. Seems like everything is working fine for the less fortunate for once.
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odds are many of the 'dont know' people are in your camp, squall. effect too small to notice. paul ryan wants to make sure you know though!



these days i mostly dont care but i do feel that so long as the general population is sour on the tax bill it should be seen as temporary, and equity positions will be threatened if dems are sure to take back the house/senate

market runs well ahead of current data so it will contribute to existing fragility. imo the next bear market will start when it's a "sure thing" that dems will win and kill the tax bill.
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25% is a ton when you consider how many people are privately employed
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daftpunk_mk5 posted...

25% is a ton when you consider how many people are privately employed

It's not a ton when you consider how people should ideally see pay raises every year

Darkman124 posted...

imo the next bear market will start when it's a "sure thing" that dems will win and kill the tax bill.

Isn't the recent correction due to salaries being too high? Wouldn't killing the bill reverse that?
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Squall28 posted...

Mine actually did increase by around $60 per paycheck. That's pennies though,and I got a feeling it's just there to keep people's mouth shut about the wealthy getting a bigger cut. Like here's some scraps.

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Squall28 posted...

Darkman124 posted...

imo the next bear market will start when it's a "sure thing" that dems will win and kill the tax bill.

Isn't the recent correction due to salaries being too high? Wouldn't killing the bill reverse that?

no

it's due to overvaluation of equities relative to their earnings, and inflation making bond yields high enough to actually compete as a place for money to go
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Darkman124 posted...

odds are many of the 'dont know' people are in your camp, squall. effect too small to notice. paul ryan wants to make sure you know though!



these days i mostly dont care but i do feel that so long as the general population is sour on the tax bill it should be seen as temporary, and equity positions will be threatened if dems are sure to take back the house/senate

market runs well ahead of current data so it will contribute to existing fragility. imo the next bear market will start when it's a "sure thing" that dems will win and kill the tax bill.

http://vitaminw.co/sites/default/files/styles/article-full/public/Screen%20Shot%202012-10-12%20at%2012.41.15%20PM.png?itok=RZ-borhn

^ not a photoshop

I think this paycheck had the tax fixes, but looking at my paycheck, it also retroactively added in the decreased taxes from last month. So I'm still not able to tell how much I'm saving yet.
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I question the validity of this poll. Literally everyone I know has seen an increase. These polls so often want to paint a specific narrative and either they consciously or subconsciously go looking for the "right" candidates.

I don't think everyone got a raise, though, but I think the percentage is wayy off.
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I havent seen a change yet, but Ill wait until next paycheck. Even then, it doesnt mean that I actually get to keep the money that should be given to me. Im not really going to get into it all right now, but personally it hasnt helped me in the short run and I doubt it will help in the long run too.
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I don't see the point of a poll for this when a payroll provider could easily show the actual percentage change themselves and eliminate any bias.
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I got a sweet $11 net raise per paycheck. $22 per month. Hell yeah. Now I can buy even more indie games! /s

I also got a real raise from my employer, which was significantly more than $22 a month, lol
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My pay went up, but it was a pretty small increase. I'll get a real raise once I get some more certs.
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Alkaloid posted...

I also got a real raise from my employer, which was significantly more than $22 a month, lol

keep in mind that real raises as a result of tax reform freeing assets for employee retention is also a possible

i also got a raise, although my employer is a nonprofit so it's not tax reform related. my new role demands much more of me and they wouldnt be able to keep me if they didnt keep raising my salary
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Less than $60 a month.
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Caution999 posted...

I question the validity of this poll. Literally everyone I know has seen an increase.

Funny, you'd be the first person to decry someone else using this as a defense.
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2 explanations:

1. Rising health insurance costs offset the tax decrease
2. Employers may not have updated their withholding rates. If so they'll just get a bigger refund on their next tax return.
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A lot of people don't pay as much as tax anyway because of their low income level.

did you know less than 50% of americans vote?
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Bio1590 posted...

Caution999 posted...

I question the validity of this poll. Literally everyone I know has seen an increase.

Funny, you'd be the first person to decry someone else using this as a defense.

Perhaps so. It's just so difficult to believe any polls these days. Time and time again they've been proven wrong or inaccurate.
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Well, my pay stayed the same. I imagine most people would have the same pay..

but my take home pay increased by $139 a month. So i'll have an extra $1,670 a year...i'll take it.
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Got an extra $12 a week

Woooooooo
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