Only 17% of Americans think they’ll pay less under President Trump’s tax cuts — while 28% expect to pay more, according to a new poll.
Some 27% said they expected to pay about the same, and 28% said they didn’t know enough to say, the NBC/Wall Street Journal survey released Monday said.
While individual tax refunds are down $6 billion this year, tax experts said that Americans took home more and paid less in taxes in 2018 because of the law. According to Council of Economic Advisers Chairman Kevin Hassett, annual disposable income for the average American household went up $2,100 in 2018 after the law passed.
Public opinion on the tax cuts has historically fallen along ideological lines. A Gallup poll in 2018 showed that 24% of Republicans said that the tax cut law “helped a lot” versus only 3% of Democrats.
The NBC/Wall Street Journal poll surveyed 1000 US adults from March 23-27.