The $1.5 trillion Republican tax bill is increasingly unpopular as it nears passage


Republicans plan to pass their $1.5 trillion tax plan starting Tuesday, with the House approving the bill first and the Senate clearing it later in the day or on Wednesday. No Democrats are expected to vote in favor. The tax bill would be the first big legislative win for Republicans this year. It slashes the corporate tax rate to 21 percent from 35 percent, lowers the top rate for the richest Americans, and gives more modest, temporary tax cuts to everyone else. By 2023, families making under $30,000 would start seeing tax increases, the nonpartisan congressional Joint Committee on Taxation said Monday, and by 2027, average taxes would go up for everyone earning up to $75,000. The bill is projected to add $1.46 trillion to the deficit over those same 10 years.
In a new CNN poll, 55 percent of U.S. adults oppose the tax bill while 33 percent support it, a 10-point deterioration in support from early November.
The bill's unpopularity is largely due to the perceived winners and losers in the package; 66 percent said it will do more to help the wealthy than the middle class, 37 percent said their own family would be worse off under the bill, and only 21 percent say they would be better off. The CNN poll was conducted by SSRS Dec. 14-17 among 1,001 adults, and it has a margin of sampling error of ±3.8 percentage points.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
'Poo pills' and the war on superbugs
The Explainer Antimicrobial resistance is causing millions of deaths. Could a faeces-filled pill change all that?
-
Venice braces for the Bezos wedding
In the Spotlight The Amazon founder and his fiancée will be met with 'noisy' protests when they cruise into the historic city aboard their $500m superyacht
-
What is Kamala Harris' California future?
Today's Big Question She could run for governor. Will Democrats want her?
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores