Americans Know Republican Tax Bill Will Increase Taxes

A new poll released today shows that a quarter of Americans think their taxes would go up under the Republican tax bill. They’re right. See for yourself:

Tax Policy Center: “However, not all taxpayers would receive a tax cut under this proposal—at least 7 percent of taxpayers would pay higher taxes under the proposal in 2018 and at least 25 percent of taxpayers would pay more in 2027.”

Washington Post: “But a growing number of nonpartisan analyses show that some middle-class Americans would not get more money in their pockets under the GOP plan. Instead, they would face higher tax bills, a potential pitfall in selling this plan to the public and to enough lawmakers for it to pass.”

New York Times: “That is why taxes would go up for about 45 percent of middle-class taxpayers by 2026 under the House bill, according to an analysis by The Times.”

TIME: “Graduate students say the Republican tax reform plan could raise their taxes by nearly 300%.”

Washington Post: “The analysts also concluded that families earning between $20,000 and $40,000 a year and between $200,000 to $500,000 would, on average, pay more in individual income taxes in 2023 and beyond.”

The Hill: “By 2027, only 46.2 percent of taxpayers would have a lower tax bill, and 19.5 percent would see their bills go up. A significant portion of the middle class would see their taxes rise over time.”

Los Angeles Times: “About 11% of taxpayers with incomes between $75,000 and $100,000 would see a tax increase of at least $100 in 2019, according to the Joint Committee on Taxation. By 2027, that figure would jump to 26% of taxpayers.”

Business Insider: “The House GOP tax plan would result in a tax increase for nearly one out of five Americans by 2027, according to a new report from the Joint Committee on Taxation.”

USA Today: “The official tax scorekeepers in Congress have concluded that at every income level, some people will have to pay higher taxes under a sweeping tax overhaul described by President Trump and House Republicans as a massive cut for the middle class.”

Washington Examiner: “Because the GOP bill includes a less generous measure of inflation than allowed under current law and some of the tax credits for parents phase out after five years, many middle-class families would see tax hikes in future years.”