The GOP’s big tax-cut gamble appears to be paying dividends

The Washington Post reports:

A month ago Republicans passed what was, according to some measures, the most unpopular bill in decades: their tax plan.

Today, it’s looking more and more like that was a risk well worth taking.

A day after President Trump played up the tax cuts in his State of the Union address, a Monmouth poll showed a huge swing in favor of the bill. While just 26 percent of Americans approved of the package in mid-December, as lawmakers were putting the final touches on it, support in the latest poll rose to 44 percent. For a bill that sometimes polled with twice as many opponents as supporters, it’s now on level terms, with just as many supporters as opponents (44 percent)...

And speaking of those merits, there’s something important about all these polls that we need to keep in mind: People still don’t seem to recognize how the tax cuts will benefit them personally. Polls have routinely shown more people expect to see their taxes increase rather than decrease, but that’s simply not what will happen — at least not for many years. The Monmouth poll, for instance, shows the law drawing even on popularity while just 24 percent believe their own taxes will go down.

Wait until people see their pay stubs in February....