Study also finds that the public at large, including Republican voters, favor tax cuts for the middle class and poor rather than corporations.
Washington, D.C. – October 22,2018
The Democracy Fund Voter Study Group, a research collaboration of leading analysts and scholars from across the political spectrum, today released a new report: “Not Buying It: What Americans Really Want From Tax Reform,” by Felicia Wong, president and CEO of the Roosevelt Institute. The report includes analysis of survey data from 2018 about Americans’ attitudes toward the tax reform bill passed by Congress and signed into law by President Trump last December.
Key findings from the report include:
“Americans’ views about taxation have evolved,” Wong said. “We found that a majority of voters want more from our tax system and tax reform than leaders in either party seem to understand. The central feature of the new tax law is a permanent cut in the corporate tax rate, as well as individual rate cuts whose benefits accrue primarily to the wealthy. These run contrary to what voters want and what our economy needs.”
The study also found that 73 percent of all voters, including 55 percent of Republicans, do not believe that cutting taxes for the wealthy ought to be a priority. The majority of voters do not prioritize cutting taxes for corporations, which is the centerpiece of the Republican approach. Voters are skeptical that these kinds of cuts will help the economy.
The full report can be found at www.voterstudygroup.org, along with other research from the Democracy Fund Voter Study Group.
About the Survey and Analysis:
This report is published by the Democracy Fund Voter Study Group. It is based on the Voter Study Group’s 2018 VOTER Survey (Views of the Electorate Research Survey). In partnership with the survey firm YouGov, the VOTER Survey interviewed 6,005 Americans between April 5 and May 14, 2018, 4,705 of whom have been interviewed previously and 1,300 of whom were part of an additional sample of 18- to 24-year-olds and Hispanics.
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