President Trump’s approval rating went up in a Politico/Morning Consult poll released Wednesday. And in case you’re wondering how you missed the latest figure, that’s because it was buried in the very last paragraph of the story.
Forty-five percent of voters now approve of President Trump’s job performance, which is up two points from last week’s 43 percent approval rating. Additionally, the percentage of voters who disapprove of his job performance went down to 52 percent from 54 percent last week.
The survey also found that nearly half of voters approve of Trump’s tax proposal, although some elements og the plan are more popular than others.
Overall, the 48 percent of voters familiar with the plan who support it is greater than the 37 percent who oppose it. Fifteen percent have no opinion about the proposal. […]
The most popular elements of the initial proposal are doubling the standing deduction from $12,000 to $24,000 (62 percent of voters say that should be in the eventual tax bill), reducing the maximum small-business tax rate from 39.6 percent to 25 percent (61 percent), creating a $500 tax credit for all dependents (61 percent) and increasing the child tax credit (60 percent).
Among the least popular elements of the proposal: reducing the corporate tax rate from 35 percent to 20 percent (39 percent of voters say that should be in the bill) and no longer taxing overseas profits of U.S. companies. (Politico)
Not surprisingly, more GOP voters favor the tax plan than Democrats, with 78 percent of Republicans approving of the proposal. Sixty-five percent of Democratic voters disapprove. Indendent voters are split evenly, with 38 percent approving and the same figure disapproving.
“The general framework of the Republican tax overhaul is quite popular, though there is some confusion about its impact,” said Kyle Dropp, the co-founder and chief research officer of Morning Consult. “For example, just 27 percent of Trump voters expect high-income earners will pay less in taxes under the new proposal, compared to 57 percent of Clinton voters."
The survey of 1,992 voters was conducted Sept. 29-Oct. 1 and has a margin of error of +/- 2 percentage points.