logo
Share SHARE
FONT-SIZE Plus   Neg

Poll Shows Plurality Supports Trump's Tax Reform Plan

Trump-Thumb-100417-lt.jpg

A greater number of voters support the tax reform proposal released by President Donald Trump and Republicans in Congress than oppose the plan, according to the results of a Politico/Morning Consult poll.

The poll found that 48 percent of voters approve of the tax reform plan, while 37 percent disapprove. Fifteen percent of voters have no opinion about the proposal.

Support for the proposal is much stronger among Republicans, with 78 percent of GOP voters backing the plan. Independent voters are split on the plan, and 65 percent of Democratic voters disapprove.

Politico noted the most popular elements of the proposal include doubling the standing deduction, reducing the maximum small business tax rate, creating a $500 tax credit for all dependents and increasing the child tax credit.

Meanwhile, the poll showed lower levels of support for reducing the corporate tax rate from 35 percent to 20 percent and removing taxes on overseas profits of U.S. companies.

The results of the survey suggest voters are not convinced the tax reform proposal will provide them significant relief.

Thirty-two percent of voters said people like them will pay less in taxes if the plan becomes law, while a matching percentage said people like them will pay more. Nineteen percent said people like them will pay about the same amount.

The poll also found that 47 percent of voters think reducing the corporate tax rate will not personally benefit them compared to the 31 percent who said they believed it would

The Politico/Morning Consult survey of 1,992 voters was conducted September 29th through October 1st and has a margin of error of plus or minus 2 percentage points.

(Photo: Marc Nozell)

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Political News

comments powered by Disqus
Follow RTT