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Americans like many aspects of Trump’s tax plan — but they may not like its outcome

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Americans like many aspects of Trump’s tax plan — but they may not like its outcome - Apa khabar sahabat TIMES NEW MALAYSIA, Dalam artikel yang anda baca kali ini dengan tajuk Americans like many aspects of Trump’s tax plan — but they may not like its outcome, kami telah menyediakan dengan baik untuk artikel ini anda membaca dan memuat turun maklumat di dalamnya. mudah-mudahan mengisi jawatan Artikel BOLASEPAK, Artikel NEWS, Artikel PERNIAGAAN, kita menulis ini, anda boleh memahami. Nah, selamat membaca.

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Americans like many aspects of Trump’s tax plan — but they may not like its outcome

Trump Mnuchin

Reuters

U.S. President Donald Trump arrives for a signing ceremony with Treasury Secretary Steve Mnuchin at the Treasury Department in Washington, U.S., April 21, 2017.

Americans are split on the various elements of President Donald Trump’s recently released tax plan, according to a Morning Consult/Politico poll released Wednesday.

Respondents were in favor of tax credits for childcare (65% support), doubling the standard deduction for federal taxes (59% support) and eliminating the estate tax (50% support).

There was also support for lowering taxes on small businesses — 63% of those surveyed said small businesses should see their tax rate drop to a 15% rate, while just 15% opposed it.

Other major aspects of the Trump plan were not as popular,

For instance, 43% of those surveyed said they opposed the corporate tax rate being cut to 15% from its current 35% federal statutory rate, while 34% are in favor. In general, people surveyed also agreed that corporations don’t pay their fair share of taxes, with 59% saying they pay too little.

And just 37% supported eliminating the alternative minimum tax, which is designed to ensure wealthier Americans that take a large amount of deductions pay a baseline income tax.

Many of the provisions in the Trump tax plan, according to tax experts, would benefit the wealthiest Americans. Such an outcome would likely not be a popular one, according to the Morning Consult/Politico poll.

Sixty-two percent of people surveyed said rich Americans pay too little in taxes, while 15% say the wealthy pay the right amount, and just 12% say they pay too much. Among Republicans, 49% said wealthy Americans pay too little, 21% the right amount, and 19% too much.

Screen Shot 2017 05 17 at 8.46.32 AM

Morning Consult/Politico

Across party lines, the biggest point of agreement in the poll, however, was that something must be shake up the current tax system. And while it’s not clear if Americans support Trump’s tax plan, the poll showed they 

Overall, 72% of people said the tax system is not fair to individuals, 51% said the code is not fair to businesses, and 73% said the system favors the wealthy.

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Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



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Trump Mnuchin

Reuters

U.S. President Donald Trump arrives for a signing ceremony with Treasury Secretary Steve Mnuchin at the Treasury Department in Washington, U.S., April 21, 2017.

Americans are split on the various elements of President Donald Trump’s recently released tax plan, according to a Morning Consult/Politico poll released Wednesday.

Respondents were in favor of tax credits for childcare (65% support), doubling the standard deduction for federal taxes (59% support) and eliminating the estate tax (50% support).

There was also support for lowering taxes on small businesses — 63% of those surveyed said small businesses should see their tax rate drop to a 15% rate, while just 15% opposed it.

Other major aspects of the Trump plan were not as popular,

For instance, 43% of those surveyed said they opposed the corporate tax rate being cut to 15% from its current 35% federal statutory rate, while 34% are in favor. In general, people surveyed also agreed that corporations don’t pay their fair share of taxes, with 59% saying they pay too little.

And just 37% supported eliminating the alternative minimum tax, which is designed to ensure wealthier Americans that take a large amount of deductions pay a baseline income tax.

Many of the provisions in the Trump tax plan, according to tax experts, would benefit the wealthiest Americans. Such an outcome would likely not be a popular one, according to the Morning Consult/Politico poll.

Sixty-two percent of people surveyed said rich Americans pay too little in taxes, while 15% say the wealthy pay the right amount, and just 12% say they pay too much. Among Republicans, 49% said wealthy Americans pay too little, 21% the right amount, and 19% too much.

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Morning Consult/Politico

Across party lines, the biggest point of agreement in the poll, however, was that something must be shake up the current tax system. And while it’s not clear if Americans support Trump’s tax plan, the poll showed they 

Overall, 72% of people said the tax system is not fair to individuals, 51% said the code is not fair to businesses, and 73% said the system favors the wealthy.

NOW WATCH: China built a $350 million bridge that ends in a dirt field in North Korea

Please enable Javascript to watch this video

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



✍ Sumber Pautan : ☕ Business InsiderBusiness Insider

Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2rqOrUJ

(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!



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