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RKP5637

(67,111 posts)
Mon Jan 29, 2018, 10:30 AM Jan 2018

Few U.S. adults report bonuses, raises from Republican tax law, only 2% !!!!!!

https://www.reuters.com/article/us-usa-tax-poll/few-u-s-adults-report-bonuses-raises-from-republican-tax-law-idUSKBN1FI16Q?utm_source=Sailthru&utm_medium=email&utm_campaign=US%20Reuters%20News%20Now%202018-01-29&utm_term=US%20Reuters%20News%20Now

WASHINGTON/NEW YORK (Reuters) - Two percent of U.S. adults said they had gotten a raise, bonus or other additional benefits due to the Republican tax law enacted a month ago by President Donald Trump, according to a Reuters/Ipsos poll released on Monday.

Hailed by Republicans as a boost for the middle class, the law is expected to be framed as a win by Trump in his State of the Union address on Tuesday and to be a key theme for both parties headed into November’s congressional elections.

But views of the law’s impact were decidedly mixed: 24 percent of respondents in the poll said they expected to pay less tax under the new law; 27 percent said they expected to pay more; 23 percent said they expected no change.
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Few U.S. adults report bonuses, raises from Republican tax law, only 2% !!!!!! (Original Post) RKP5637 Jan 2018 OP
My company gave bonuses for the first time in decades Orrex Jan 2018 #1
Its not in full effect yet DetroitLegalBeagle Jan 2018 #2
Yep, agree, too early to tell. n/t RKP5637 Jan 2018 #3

Orrex

(63,215 posts)
1. My company gave bonuses for the first time in decades
Mon Jan 29, 2018, 10:46 AM
Jan 2018

However, while bonuses are appreciated, it's a one-time deal, while the tax cuts will be in effect much longer.

DetroitLegalBeagle

(1,924 posts)
2. Its not in full effect yet
Mon Jan 29, 2018, 10:52 AM
Jan 2018

Businesses have until February before they have to use the new withholding numbers, so if there is any effect in your paycheck, you wont see it till then. I wouldn't expect much in this years tax filings as well. Next years filings will show the most impact.

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