These are the tools I miss from modeling tools

Speaking of the PolyCut UI or gizmo, I have a question. I’m attaching an image that I think summarizes the problem.

When I have used PolyCut in the past, the cut-out area was directly in front of the polygon drawn in the center of the gizmo. But as you can see in this screenshot, the cut-out area has a bewildering relationship to the polygon in the center. It is as if the gizmo making the cut were actually around a 35 degree angle rightwards from where it actually is and translated about 10 or 20 meters off to the right. It makes it almost impossible to create the cut I want.

What is going on? How can I get the cut to line up exactly in front of the gizmo polygon like I have seen every other time I’ve used it?