Poll: Majority oppose President Trump's tax proposal
Just days before his 100th day in office, the White House introduced President Donald Trump's tax proposal blueprint -- and many are not satisfied with what the administration has provided.
A new poll conducted by AOL News found that a majority of people surveyed oppose Trump's new tax plan.
Of those polled who have formed an opinion, nearly 60 percent said they oppose the president's tax proposal, while 40 percent of respondents said they support it.
In all, 15,936 people participated in the survey. Twenty-three percent said they need to know more about the plan before forming an opinion.
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One week ago, President Trump released a draft of his tax reform plan, proposing a restructuring of individual brackets from seven down to three: a 10 percent rate, a 25 percent rate, and a 35 percent and double the standard deduction. The earning levels for each bracket have yet to be announced.
The new plan also slashes the corporate tax rate from 35 percent to 15 percent and eliminates all tax deductions, with the exception of mortgage and charitable donations.
After the reveal, Treasury Secretary Steven Mnuchin said the landmark proposal's "objective" is to lower taxes for the middle class but said that he could not "make any guarantees."
"Instead of focusing on hard-working families as he promised, President Trump's tax outline is a wish list for billionaires," Pelosi said in a statement. "What few details are here overwhelmingly cut taxes for the richest and do little for middle class Americans and those trying to get there."
Champions of the proposal include some business owners, who stand to see major cuts.
According to Reuters, Trump's plan would cut the income tax rate paid by public corporations from 35 percent to 15 percent, in addition to reducing the top tax rate assessed on pass-through businesses -- including small businesses, from 39.6 percent to 15 percent.
While there are some strong opinions on the proposal, the one-page document lacked significant detail -- most notably a plan to raise new revenue to avoid adding billions of dollars to the federal deficit -- leaving many eager to receive more details before forming an opinion.
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** Polls conducted by AOL.com do not use scientific sampling. Surveys sample thousands of users and consistently reflect results to polls administered by other outlets.