Thursday, November 09, 2017
Public Is Still Not Sold On The Trump/GOP Tax Plan
The congressional Republicans know they are in trouble with the public, and they are hoping that their tax plan will save them (if they can get it passed). But that plan gives the biggest cuts to corporations and the rich, not the working and middle classes (some of whom would even see a tax increase) -- and the public knows that.
By a 10 point margin, the public currently opposes the tax plan being considered in Congress. And by a whopping 40 point margin, the public believes the tax cuts will not include everyone. This is not good for the Republicans, and they need to do a lot better job of selling their plan.
Their problem is that they are still true-believers in their "trickle-down" economics -- the idea that if we give more to the corporations (and the rich), they will share it with everyone else. It is a ludicrous idea, and has never worked in the past. Giving corporations more will not result it higher wages for workers (or new job creation). It will just increase executive bonuses and have owners laughing all the way to the bank.
Most Americans aren't buying it anymore. They want a tax cut to be passed, but they want the cut to be in their own taxes -- not for corporations and the obscenely rich.
These charts were made from a new Economist / YouGov Poll -- done between November 5th and 7th of a random national sample of 1,500 adults (including 1,336 registered voters), with a 3.2 point margin of error.
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