August 20, 2022

UCJ-UNILORIN

Official Website Of Union Of Campus Journalits, University of Ilorin.

Trump tax plan lacks public support, poll says

1 min read

President Trump and congressional Republicans begin their drive to cut taxes with lackluster public support, according to the new NBC News/Wall Street Journal poll.
The survey shows that just 25 percent call the Trump tax plan a good idea, while 35 percent call it a bad idea. The remaining 40 percent say they have no opinion.
“For what is a major legislative objective of the president and his party, tax reform is in very mushy shape,” said Bill McInturff, the Republican pollster who helps produce the NBC/WSJ poll. McInturff’s Democratic counterpart Peter Hart said: “There are a lot of things the Trump administration will have to communicate to get this done.”
Among them is the most basic message of all: that the GOP plan will actually cut Americans’ taxes. As the debate gets underway, the poll shows, just 14 percent of Americans believe they’ll get a tax cut, while 25 percent expect their taxes to go up.
Similarly, just 19 percent of Americans say the tax legislation will significantly improve the economy. At the same time, 35 percent expect it will substantially increase the budget deficit.
The proposal starts with the least favorable public opinion landscape of any major legislative initiative since President Bush’s attempt to partially privatize the Social Security system in Dec. 2004.
President Obama’s economic stimulus package and the Affordable Care Act both debuted with greater public support.

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