Podcast Center
Video Center
Webcasts
Resource Center
Events
May 05, 2017 at 09:23 AM
Some two-thirds of Americans in a poll conducted 100 days into Donald Trump’s presidency by the Florida Atlantic University Business and Economics Polling Initiative said they wanted him to release his own tax returns before making major changes in the tax code.
This sentiment is little changed from January, days before the inauguration, when 74% of Americans in an ABC News/Washington Post poll said Trump should release his tax returns.
The president announced his tax plan on April 26.
The BEPI survey, released Thursday, found that 34% of respondents who had heard about the plan supported it, while 41% opposed it and 25% said they were unsure.
The BEPI said support for the plan appeared to increase with age and income.
Forty-one percent of respondents older than 50 approved of the plan versus 28% of younger ones. Forty-four percent of younger respondents opposed it, versus 39% of the older ones.
The income-related responses were starker. Sixty-four percent of Americans who earn more than $125,000 supported the plan, compared with 46% who earn $75,000 to $125,000 and just 16% who earn less than $25,000.
Survey Sampling International administered the online survey to 812 Americans 18 and older at the end of April. Respondents by political party were 41% Democrats, 26% Republicans, 25% Independents and 8% not registered.
Two-thirds of respondents said they thought taxes were too high, while 5% said they were too low, and 28% said they were just about right.
At the same time, some 40% disagreed with the notion that lowering taxes for higher earning individuals and corporations can stimulate the economy, leading to economic growth and greater wealth for everyone.
Eighty-four percent of economists recently polled by the University of Chicago disagreed that the Trump plan’s tax cuts would pay for themselves through increased economic growth.
