Republicans' tax overhaul pitch faces skeptical public, Post-ABC poll finds
Republican lawmakers face a skeptical public as they embark on selling a major tax overhaul plan with tepid support before its release and most Americans critical of President Trump's tax restructuring efforts so far, a Washington Post-ABC News poll finds.
A third of Americans support Trump's tax plan, while 50 percent oppose it, a 17-point negative margin driven by overwhelming opposition from Democrats and skepticism among political independents and people with lower incomes. The poll was conducted Sunday through Wednesday, completed before House Republican leaders released their bill Thursday.
Six in 10 say Trump's proposals on cutting taxes favor the rich, a perception that has dogged Republican efforts in pursuing tax restructuring for months. That opinion is not fatal, as a similar share said the same about George W. Bush's tax proposals in 2003, though his 70 percent job approval ratings provided more political capital than Trump's standing, which is at or below 40 percent in recent polling.
The bill unveiled by GOP leaders Thursday would slash the corporate tax rate from 35 to 20 percent and reduce income-tax rates for most families and individuals. It would also eliminate some tax deductions for businesses and households, while repealing the estate tax assessed when someone dies and their heirs inherit property or other assets worth over $5.49 million.
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