February 20, 2018
Washington, DC (February 20, 2018) – Democrats in Congress may want to reconsider their campaign promise to repeal the Tax Cuts and Jobs Act as the evidence piles up that Americans support the historic measure, said the Job Creators Network (JCN) today.
“If I were them I’d be looking for another strategy,” said Alfredo Ortiz, JCN CEO. “Promising to make paychecks smaller doesn’t sound like a winner.”
The New York Times reported this week that according to its latest national survey, the tax cut plan enacted late last year is gaining in popularity. Half of Americans now support the plan, a figure that is likely to rise as the $1.5 trillion tax cut measure filters through the economy.
“Millions of Americans are getting bonuses and pay raises. Consumers have more disposable income, which is driving corporate and small business profits. That activity is fueling higher job growth. Repealing all of that is going to be a pretty hard sell,” said Ortiz.
Democratic leadership has already promised to repeal the landmark tax cuts, a campaign strategy that might be giving rank-and-file members and vulnerable candidates second thoughts.
“Speaker Pelosi and Minority Leader Schumer are probably more enthusiastic about that strategy than many of their members,” said Ortiz. “I’m sure there’s a small number of trust funders and tech billionaires who want to pay more to the government, but my bet is that Americans in most places, especially on Main Street, would rather keep bringing home more money every paycheck.”
For more information on Job Creators Network, please visit www.jobcreatorsnetwork.com.