The 2017 Tax cut is seen as a give away to the rich and corporations who most (over 60%) Americans think pay too little in taxes…..
As Americans file their 2018 income taxes, they are now able to evaluate whether they benefited from the sweeping Republican-sponsored tax overhaul, the Tax Cuts and Jobs Act, which President Donald Trump signed into law in December 2017. The president touted the legislation, which included tax cuts for individuals and businesses, as a gift to middle-income people. So far, Americans are unconvinced.
As Tax Day approaches, here are updates to five of the questions Gallup measures on taxes.
- Americans continue to have net-negative views of the 2017 tax bill — 49% disapprove and 40% approve. Since Gallup began measuring reaction to the law before its passage, approval has ranged from 29% to the current 40%.
The legislation passed without a single Democratic vote in either chamber of Congress, and Americans’ views of it are similarly divided along party lines. Democrats’ approval of the law is 16% and Republicans’ is 78%. Independents’ approval stands at 32%…..