Stunning New Poll Numbers Mean Trouble For Trump’s Tax Plan

Elisabeth Parker - Author
By

Oct. 25 2017, Updated 1:00 p.m. ET

How much do Americans disapprove of President Donald Trump’s tax plan? Let us count the ways. The latest Reuters/Ipsos poll’s findings don’t bode well.

Reuters reports just 28 percent of those surveyed support the tax plan unveiled by the White House on September 27. Republicans insist the lost tax revenues would be more than made up for by economic growth.

But as Reuters notes, “Trump’s plans would balloon the deficit and add to the $20 trillion national debt, according to critics and independent analysts.”

Here are some more key findings on registered voters’ attitudes towards the proposed tax cuts.

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  • Only 28 percent of respondents said they support the tax reform plan. Forty-one percent said they’re against it, and 31 percent said they don’t know.
  • Support for Trump’s tax cuts split along party lines, with 56 percent of Republicans and 9 percent of Democrats saying they support the tax plan.
  • Only 15 percent believe Republicans in Congress should focus on tax reform instead of on other issues.

Poll respondents also had a lot to say about tax cuts and the federal deficit.

  • Over 75 percent told pollsters paying down the U.S. federal budget deficit should take priority over tax cuts for corporations and the wealthy people who own and run them.
  • More than half of those polled agree that “[c]utting taxes for the poor is more important than reducing the federal deficit.”
  • Sixty-eight percent of Democrats agreed with the above statement, but so did 47 percent of Republicans.
  • Sixyt-three percent of Republicans said the federal deficit should take higher priority than tax cuts for corporations.
  • Seventy-five percent of Republicans said it’s more important to reduce the federal deficit than give tax cuts to rich people.

And here are a couple more fascinating little nuggets from the Reuters/Ipsos poll:

  • Among respondents who’d heard of the tax plan, 14 percent said they believe it would cut their taxes, 30 percent believed it would raise their taxes, 35 percent didn’t think their taxes would change, and 20 percent said they don’t know how the tax cuts would affect them.
  • About 25 percent percent of respondents want Congress to get back to work on a healthcare bill.

These numbers show even stronger disapproval than those reported by the Inquisitr earlier this week: A CNN poll that showed 52 percent of Americans oppose the tax cuts. The answers were divided along party lines, with 81 percent of Democrats and 50 percent of Independent saying they reject the plan, and 70 percent of Republicans saying they support it.

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