Tag: GOP Tax Plan

Half Expect Their Taxes Will Increase Under Current GOP Plan

Buck Banks

47% to 26%

A new Monmouth poll finds Americans disapprove of the tax reform plan currently making its way through Congress by a nearly 2-to-1 margin, 47% to 26%. It is worth noting that strong disapproval (35%) of the proposal far outweighs strong approval (13%). Key finding: “Half the public believe their own taxes would go up under this plan and a plurality would like to see Congress scrap the current effort and start fresh in 2018.”

Through the Lens of the GOP Tax Plan, the Future Looks Bleak

Buck Banks

If the Republican tax plan passes Congress, it will mark a watershed for the United States. The medium- and long-term effects of the plan will be a massive drop in public investment, which will come on the heels of decades of declining spending (as a percentage of gross domestic product) on infrastructure, scientific research, skills training and core government agencies. The United States can’t coast on past investments forever, and with this legislation, we are ushering in a bleak future.”

— Fareed Zakaria

Voters Will Hold Candidates Responsible for Tax Plan

Buck Banks

55% to 26%

A new Quinnipiac poll finds American voters disapprove of the pending Republican tax plan by a wide margin, 55% to 26%, and 43% say they are less likely to vote for a U.S. Senator or Congressperson who supports the plan. Key finding: “Only 16% of American voters say the tax plan will reduce their taxes, while 44% say it will increase their taxes and 30% say the tax plan will have little impact.”

Most Small Businesses Oppose GOP Tax Plan

Buck Banks

51%

A Public Policy Polling poll finds that 51% of small businesses are opposed to the Republican tax bill, while 34% support the GOP tax plan. Just over half of respondents — 52% — agreed with the statement that current proposals favor large corporations over small businesses. Fifty-eight percent said it felt wealthy corporations would benefit the most.