A majority of Americans oppose Trump's tax plan

Sen. Mitch McConnell and President Trump.
(Image credit: Chip Somodevilla/Getty Images)

Only 34 percent of Americans support the tax plan being promoted by President Trump and congressional Republicans while 52 percent oppose them, according to a new SSRS poll for CNN. Support depends on partisan identification — 81 percent of Democrats and 50 percent of independents oppose the plan, while 70 percent of Republicans support it. Interestingly, 24 percent of respondents said they thought they and their families would be better off under the GOP tax plan, while 31 percent said they expect to be worse off and 37 percent said they would likely be the same. A recent CBS News poll found that 58 percent of Americans said the tax proposals primarily favor the wealthy.

A plurality of respondents, 38 percent, said the plan would increase the federal deficit, while only 22 percent said it would shrink it. Half of Americans disapprove of Trump's handling of taxes, a new high. SRSS conducted the poll for CNN Oct. 12-15, speaking with 1,010 adults via telephone. It has a margin of sampling error of ±3.5 percentage points.

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