{"id":355509,"date":"2026-05-13T05:34:50","date_gmt":"2026-05-13T10:34:50","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/tax-cuts-collide-with-inflation-as-voters-weigh-trumps-economy-in-the-midterms"},"modified":"2026-05-13T05:34:56","modified_gmt":"2026-05-13T10:34:56","slug":"tax-cuts-collide-with-inflation-as-voters-weigh-trumps-economy-in-the-midterms","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/tax-cuts-collide-with-inflation-as-voters-weigh-trumps-economy-in-the-midterms","title":{"rendered":"Tax cuts collide with inflation as voters weigh Trump&#8217;s financial system within the midterms"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \"><span class=\"oyrPY qlwaB AGxeB \">RALEIGH, N.C. &#8212; <\/span>Standing behind a downtown bar, Evan Duke smiled when he thought about <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/trump-treasury-tax-tips-income-employment-b1f5a296b3926dd2a448769ca69b6f4c\">no longer paying federal income tax<\/a> on the hundreds of dollars in tips he earns on a busy night pouring beers and mixing drinks.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">But the 30-year-old said he cannot afford health insurance and worries about how <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/hub\/inflation\">higher costs for rent, food and fuel<\/a> are affecting him and the patrons who slip cash into the jar at Pearl <!-- -->&amp;<!-- --> Peril. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cIt\u2019s kind of messy right now,\u201d Duke said. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Duke&#8217;s dilemma is an economic microcosm of Donald Trump&#8217;s second presidency. Although the Republican president has tried to put more money in middle-class pockets with tax cuts, the benefits are being eroded as prices keep rising, especially during the war with Iran. The latest numbers, released Tuesday, showed the rate of inflation <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/us-inflation-consumer-iran-war-3f11b7fdd20ea56d2f0895e5241af7b6\">continued to climb.<\/a><\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">It&#8217;s a financial tug-of-war shaping people\u2019s lives as they consider the upcoming <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/hub\/elections\">midterm elections,<\/a> which will determine control of Congress during the final two years of Trump&#8217;s tenure. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">All of these economic issues have been center stage in the battleground state of North Carolina and its U.S. Senate race. Michael Whatley, the Republican nominee and former national party chairman, is championing Trump&#8217;s tax overhaul. Roy Cooper, the Democratic candidate and a former governor, is panning Trump&#8217;s management of the U.S. economy. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Duke, a registered independent, isn&#8217;t sure who he&#8217;ll support. Like a lot of Americans who vote with their wallets, he expects to decide based on \u201chow things are going at the time.\u201d <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cI\u2019ve got to do more research,\u201d he said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The dividing line is what Trump called \u201cthe one big beautiful bill,\u201d his signature legislation that cuts taxes but also reduces funding for public programs like Medicaid. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">When Whatley recently appeared with Vice President JD Vance in Rocky Mount, he said the midterm elections were about \u201cprotecting no tax on tips, no tax on overtime, no tax on Social Security.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Some of the claims were an exaggeration. For example, the legislation does not entirely eliminate <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/no-taxes-tips-overtime-restaurants-a8cafab342a569080fabaa27b122b52b\">federal levies on overtime<\/a>. But his remarks showed how much Republicans want voters to see the legislation as a \u201cworking families tax cut,\u201d as they&#8217;ve taken to calling it. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cI don\u2019t know about you, but I sure trust you to spend your money better than a federal government in D.C.,\u201d Whatley said. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Tracy Brill, 62, a Trump supporter in the audience, said she was willing to cope with rising costs due to the war. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cThe course he\u2019s taken is spot on,\u201d she said, adding that \u201cI believe the other presidents didn\u2019t do what they should have done.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Cooper and Democrats have focused their pitch around what they call the \u201caffordability crisis.\u201d They emphasize <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/health-costs-trump-poll-affordable-care-act-4dbaa457c20348338533f05679d604bf\">health care costs<\/a> and Republicans\u2019 refusal to extend expanded subsidies for Affordable Care Act premiums. And they highlight housing and utility prices, hikes on consumer goods affected by Trump\u2019s tariffs, and ripple effects from the president\u2019s Iran war on everything from fuel and farmer\u2019s fertilizer costs to groceries. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cIt seems like everything that Washington is doing is driving up costs across the board,\u201d Cooper said in Greensboro. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">It&#8217;s a convenient turnabout for Democrats. President Joe Biden and his party had previously faced blame for inflation, which Trump capitalized on in his comeback campaign, but now Republicans shoulder the brunt of voters&#8217; angst. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Republicans have a larger margin in the U.S. Senate than in the U.S. House, but Democrats believe economic dissatisfaction gives them a shot at full control of Congress. North Carolina is a top target along with Maine, Ohio and Alaska. There are even hopes that Iowa and Texas could be competitive, too. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Democrats have long struggled to win Senate seats in North Carolina, but they believe they have a better shot this year because Republican incumbent <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/tillis-senate-north-carolina-trump-reelection-republicans-382f72ff5228d864b38009904cbc4e6b\">Thom Tillis is retiring<\/a>. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Cooper also enjoys a centrist reputation and has won six statewide elections already, including two gubernatorial contests in cycles when Trump carried North Carolina. Whatley has deep ties in Republican circles as a former lobbyist and longtime party leader, but he\u2019s not yet well known to voters. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Phyllis Aycock, a 79-year-old antiques store owner in Nash County, is leaning toward Cooper even after voting for Trump three times. She said she regrets her most recent vote for the president.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cIt\u2019s the whole trickle-down effect,\u201d Aycock said, explaining that economic uncertainty and inflation, including premium hikes on health insurance that supplements her Medicare and cancels out Social Security cost-of-living adjustments and any tax breaks she&#8217;s received during Trump\u2019s tenure.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">She said she wonders whether Trump \u201ceven thinks about the cause-and-effect of what he does or what he doesn\u2019t do, how it directly affects us, and when I say \u2018us,\u2019 I definitely mean the middle-class, lower-class working people, the blue collar, the ones that pay the taxes.\u201d <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cIt just seems like there\u2019s no relief for us, like it\u2019s all for the guy who has everything already,\u201d she said. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Aycock and her son, Michael, said they\u2019ve seen foot traffic and purchases at their store decrease, which sits a few doors down from the law office where Cooper and his father once practiced. The elder Aycock said she doesn\u2019t know Cooper personally but has voted for him before and would consider doing so again. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">As for Whatley, she\u2019s heard only fealty to Trump. She tightened her lips, then said, \u201cI\u2019m worried he\u2019s just a yes man. We\u2019ve got enough of those.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">During Cooper&#8217;s second term as governor, he convinced the Republican-run Legislature to <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/north-carolina-medicaid-expansion-governor-dfa2b47ef31381f75d2a6e5c72619491\">expand Medicaid<\/a> \u2014 a government insurance program for low-income or disabled adults and children in poor or working-class households \u2014 under President Barack Obama&#8217;s Affordable Care Act. Cooper talks about that program alongside his criticism of Republicans&#8217; refusal to extend pandemic-era subsidies for private insurance plans. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The issue has drawn supporters like Emily Miller, a 43-year-old from Greensboro who volunteers on various voter turnout efforts that benefit Democrats. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cMedicaid and the Affordable Care Act absolutely have saved my life,\u201d said Miller, who has physical health problems. As a Kentucky and then North Carolina resident, she leaned on the 2010 law\u2019s benefits between her time as a public schoolteacher and her return to the workforce as an education consultant.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">When she didn&#8217;t have a full-time job, Miller said, she required expensive medical care, including some inpatient mental health services. She said her part-time jobs at the time would not have covered private insurance costs, much less direct market rates for her treatment.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cI\u2019m very grateful I\u2019ve gotten back to a place where I\u2019ve got a career again,\u201d Miller said, with employer-based coverage. \u201cI\u2019m an example of exactly what this system is supposed to do. It was a bridge. And so many people, people who are working, are struggling like that.\u201d <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Miller is also skeptical that people will benefit from Trump&#8217;s legislation to cut taxes on overtime pay.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cI had an overtime-eligible job,\u201d she said, \u201cand I had bosses who would send us home before we got those extra hours.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Yet for Cooper to win, he also needs to energize apathetic voters, including some Democrats. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">James Outlaw, a 60-year-old in rural Bertie County, said he&#8217;ll probably vote in November but doesn&#8217;t see things improving regardless of the outcome. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cIt won\u2019t get no better,\u201d he said, as he filled in his lotto numbers at a local convenience store. \u201cNever does.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Back behind the bar in downtown Raleigh, Duke looked forward to the coming weekend, which would bring thirstier crowds and, hopefully, more tips. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">He said he appreciates getting \u201ca few thousand dollars\u201d from the tax breaks, and he said he\u2019d \u201cat least look at\u201d Whatley, the Republican candidate. But he also thinks of the back-of-the-house workers who don&#8217;t earn tips and won&#8217;t benefit from it. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">As for his lack of health insurance, Duke said that&#8217;s not enough to guarantee his vote for Cooper, even as he remembered the Democratic nominee as \u201ca pretty good governor.\u201d <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cI\u2019m healthy, and I can pay rent,\u201d he said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">That may be the outlook Republicans need as they urge voters to be patient. While speaking in Rocky Mount, Vance assured the audience that Trump wouldn\u2019t let the economy languish.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">\u201cHe constantly is pressing on the gas,\u201d Vance said. \u201cHe wants us to do more.\u201d <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/US\/wireStory\/tax-cuts-collide-inflation-voters-weigh-trumps-economy-132909333\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RALEIGH, N.C. &#8212; Standing behind a downtown bar, Evan Duke smiled when he thought about no longer paying federal income tax on the hundreds of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":355512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4901,15068,10827,5010,8153,31474,1108,609,102,31473,5090],"class_list":["post-355509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-alaska","tag-dietary-supplements","tag-farmer","tag-kentucky","tag-medical-health-insurance","tag-nash-county","tag-ohio","tag-president","tag-texas","tag-tracy-brill","tag-vice-president-jd-vance"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/355509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=355509"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/355509\/revisions"}],"predecessor-version":[{"id":355511,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/355509\/revisions\/355511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/355512"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=355509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=355509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=355509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}