Monmouth University released a poll last week, in which just 34 percent of Americans said they approve of the Republican “tax reform” package, compared to 41 percent who disapprove. That is a significant decline on the “approval” side from the prior poll in April, when 40 percent of Americans said they approved of the law while 44 percent did not.
Patrick Murray, Director of Monmouth University Polling Institute said in a statement that that public opinion on the tax law has “never been positive, but potentially growing uncertainty about how American taxpayers will be affected does not seem to be helping the GOP’s prospects in November.”
This is consistent with other polling data. Per the most recent polling by Quinnipiac: 39 percent of respondents approve of the legislation and 46 percent disapprove of it. RealClear Politics took an average of available polling data and reports that overall, about 36.1 percent of Americans are on board with the tax measure and 43 percent are not, a differential of nearly 7 percentage points. As with all of these polls, those not counted as approving or disapproving are considered neutral or having no opinion.
Republicans should be alarmed by this as not only was the “tax reform” package virtually all they’ve accomplished during Trump’s presidency, it was intended to be their ticket to victory in the midterms. That line of thinking was pretty dubious as the package was built to mostly just benefit corporations and the very richest Americans. The corporate tax rate was reduced from from 35 percent to 21 percent, while the top 1 percent of individual earners are expected to receive about 80 percent of the legislation’s gains.
One is unsure how the GOP plans to spin this for the other 99 percent of us, but it won’t be easy.