Just 21% of Americans Say They See Savings from Trump Tax Law
Taxes

Just 21% of Americans Say They See Savings from Trump Tax Law

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Only one in five adults expects to pay less income taxes this year as a result of the Republican tax law passed in 2017, according to a new Reuters/Ipsos poll released Friday.

Just 21 percent of adults polled said they expect their tax bill to fall this year compared to 29 percent who said they would pay more. Another 27 percent said the law wouldn’t impact their tax hit while 24 percent said they were unsure of its effects. Among Republicans, about 33 percent said they would pay less tax while 17 percent said they would pay more. Only 8 percent of Democrats said they would pay less, while about 45 percent said they would pay more.

The numbers illustrate the difficulty Republicans have encountered in trying to sell Americans on their tax overhaul — a challenge that could continue into the 2020 campaign. The Trump administration Treasury Department and experts at the Tax Policy Center have said that about 80 percent of tax filers will see a cut for 2018.

The Reuters/Ipsos poll contacted 1,755 American adults, including 1,439 who said they either “already filed” or “will file” an income tax return. The poll was conducted from March 6 to March 11 and has a margin of error of about 5 percentage points.

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