{"id":1050740,"date":"2025-01-10T12:06:04","date_gmt":"2025-01-10T17:06:04","guid":{"rendered":"https:\/\/democrats.org\/?p=1050740"},"modified":"2025-01-10T12:06:04","modified_gmt":"2025-01-10T17:06:04","slug":"polling-americans-fear-trumps-economic-agenda-would-hurt-people-like-me","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/polling-americans-fear-trumps-economic-agenda-would-hurt-people-like-me\/","title":{"rendered":"POLLING: Americans Fear Trump\u2019s Economic Agenda Would \u201cHurt People Like Me\u201d\u00a0"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"341\" width=\"1024\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/08\/image.png?w=1024\" alt=\"\" class=\"wp-image-1038290\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/08\/image.png 1500w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/08\/image.png?resize=300,100 300w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/08\/image.png?resize=768,256 768w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/08\/image.png?resize=1024,341 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><em>In response to new polling on Donald Trump\u2019s tax plan, <\/em><strong><em>DNC Rapid Response Spokesperson Aida Ross released the following statement:&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>\u201cAs Donald Trump pledges to enact a disastrous and expensive tax plan, new polling shows that Americans fear Trump\u2019s agenda will hurt working families by raising costs and putting Social Security and Medicare at risk. The American people deserve a leader who helps families put food on the table and pay their bills \u2014 not Trump\u2019s plan to enrich his special interest billionaire backers on the backs of hardworking Americans.\u201d&nbsp;<\/p>\n\n\n\n<p><strong>NEW: Polling shows Americans fear Trump\u2019s tax plan will hurt them, fail working families, and put Social Security and Medicare at risk.&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/navigatorresearch.org\/wp-content\/uploads\/2025\/01\/Navigator-Update-01.09.2024.pdf?emci=d6ca1fe8-f9cd-ef11-88d0-0022482a9d92&amp;emdi=004405da-76ce-ef11-88d0-0022482a9d92&amp;ceid=1552229\">Navigator<\/a>: \u201cAfter reading Democratic messaging about Trump\u2019s tax plan, <strong>nearly three in five (57%) say it \u2018would hurt people like me.\u2019 <\/strong>By comparison, after reading Republican messaging about the plan, <strong>only a plurality (45%) say it \u2018would help people like me\u2019 <\/strong>&#8230;<\/p>\n\n\n\n<p><strong>\u201cBiggest Concerns on Trump\u2019s Tax Plan: Not Helping the Middle class, Danger to Programs Like Social Security and Medicare &#8230;<\/strong><\/p>\n\n\n\n<p><strong>\u201cThe top concern was that it \u2018wouldn\u2019t help middle- and working- class people struggling to deal with rising costs\u2019<\/strong> (35% top two concern).\u201d<\/p>\n\n\n\n<p><strong>Americans also trust Democrats to ensure the ultra-wealthy and big corporations pay their fair share.&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/navigatorresearch.org\/wp-content\/uploads\/2025\/01\/Navigator-Update-01.09.2024.pdf?emci=d6ca1fe8-f9cd-ef11-88d0-0022482a9d92&amp;emdi=004405da-76ce-ef11-88d0-0022482a9d92&amp;ceid=1552229\">Navigator<\/a>: <strong>\u201cAmericans trust Democrats more on \u2018making sure the rich and big corporations pay their fair share in taxes\u2019 (net +11 trust Democrats more).\u201d&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>Economists are warning that Trump\u2019s unpopular and unaffordable economic agenda will create a \u201csurge in inflation\u201d and a \u201cslump in growth.\u201d&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.axios.com\/2025\/01\/09\/fed-outlook-interest-rates-trump?utm_medium=social&amp;utm_source=twitter&amp;utm_campaign=editorial\">Axios<\/a>: \u201c<strong>President-elect Trump says interest rates are far too high, but his own economic agenda might play a key role in keeping them elevated for longer.<\/strong> &#8230;<\/p>\n\n\n\n<p>\u201cIt&#8217;s clear some of [Fed Chair Powell\u2019s] colleagues on <strong>the Fed\u2019s policy-setting committee see<\/strong> <strong>huge tariffs and restrictive immigration policy as inflationary<\/strong>. \u2026<\/p>\n\n\n\n<p>\u201cFed officials plan to tread carefully in considering when (or whether) to continue its rate-cutting cycle, minutes from its Dec. 17-18 closed-door policy meeting show. \u2026 \u2018The effects of potential changes in trade and immigration policy, suggested that the [rate-cutting] process could take longer than previously anticipated,\u2019 according to the minutes. &#8230;<\/p>\n\n\n\n<p>\u201cThe Fed\u2019s modeling showed that <strong>tariffs created a surge in inflation and a slump in growth.<\/strong>\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.axios.com\/2024\/06\/25\/nobel-prize-winners-biden-economy-trump-inflation\">Axios<\/a>: <strong>\u201c16 Nobel economists see a Trump inflation bomb\u201d&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>Trump is plotting to give tax handouts to the ultra-rich and big corporations again\u2026&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/youtu.be\/zjeTosf5dF4\">Trump<\/a>: <strong>\u201cWe\u2019re cutting [big corporations\u2019] taxes. We\u2019re going to cut them very substantially. <\/strong>We got them down to 21% from probably 42 or 44% depending on where you are, we got them down to 21, everyone said that was a miracle. Now we\u2019re getting them down to 15, but only if you make your product here, otherwise you pay 21, which is not bad.\u201d&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.vanityfair.com\/news\/2023\/09\/donald-trump-second-term-tax-cuts\">Vanity Fair<\/a>: <strong>\u201cDonald Trump Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/2023\/09\/11\/trump-tax-cuts-2024\/\">Washington Post<\/a>: \u201cThe former president\u2019s closest economic advisers are plotting an aggressive new set of tax cuts to push on the campaign trail and from the Oval Office if he wins a second term. <strong>Trump and his advisers have discussed deeper cuts to both individual and corporate tax rates that would build on his controversial 2017 tax law <\/strong>\u2026 Trump\u2019s advisers, though, have discussed proposals to make deeper cuts to the overall corporate tax rate, potentially to as low as 15 percent, or to use the revenue from the proposed tariffs to pay a dividend to U.S. households.<strong> Further cutting corporate taxes \u2026 would primarily benefit large firms.\u201d<\/strong><\/p>\n\n\n\n<p><strong>\u2026 after his disastrous tax scam from his first term created new incentives for companies to ship jobs overseas, earned him the worst jobs record in modern American history, and hurt working families.&nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.forbes.com\/sites\/camilomaldonado\/2019\/10\/10\/trump-tax-cuts-helped-billionaires-pay-less-taxes-than-the-working-class-in-2018\/?sh=642388dd3128\">Forbes<\/a>: <strong>\u201cTrump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/2019\/10\/08\/first-time-history-us-billionaires-paid-lower-tax-rate-than-working-class-last-year\/\">Washington Post<\/a>:<strong> \u201cFor the first time in history, U.S. billionaires paid a lower tax rate than the working class last year\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cbsnews.com\/news\/two-years-after-trumps-tax-reform-the-middle-class-is-struggling\/\">CBS News<\/a>: <strong>\u201cTwo years after Trump tax cuts, middle-class Americans are falling behind\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/economy\/trump-promised-america-first-would-keep-jobs-here-but-the-tax-plan-might-not\/2017\/12\/15\/7b8ed60e-df93-11e7-bbd0-9dfb2e37492a_story.html\">Washington Post<\/a>: <strong>\u201cTrump promised \u2018America First\u2019 would keep jobs here. But the tax plan might push them overseas.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/trump-leave-office-worst-jobs-030044152.html\">Fortune<\/a>: <strong>\u201cTrump to leave office with the worst jobs record since Herbert Hoover\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-29\/trump-s-jobs-record-fell-short-of-promises-even-before-the-coronavirus-pandemic?sref=j9PkcaMF\">Bloomberg<\/a>: <strong>\u201cTrump\u2019s Jobs Record Fell Short of Promises Even Before the Virus\u201d<\/strong><\/p>\n\n\n\n<p>###<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to new polling on Donald Trump\u2019s tax plan, DNC Rapid Response Spokesperson Aida Ross released the following statement:&nbsp; \u201cAs Donald Trump pledges to enact a disastrous and expensive tax plan, new polling shows that Americans fear Trump\u2019s agenda will hurt working families by raising costs and putting Social Security and Medicare at risk. [&hellip;]<\/p>\n","protected":false},"author":293,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1050740","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>POLLING: Americans Fear Trump\u2019s Economic Agenda Would \u201cHurt People Like Me\u201d\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/polling-americans-fear-trumps-economic-agenda-would-hurt-people-like-me\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-10T17:06:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/08\/image.png?w=1024\" \/>\n<meta name=\"author\" content=\"Shelby Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shelby Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/polling-americans-fear-trumps-economic-agenda-would-hurt-people-like-me\/\",\"url\":\"https:\/\/democrats.org\/news\/polling-americans-fear-trumps-economic-agenda-would-hurt-people-like-me\/\",\"name\":\"POLLING: Americans Fear Trump\u2019s Economic Agenda Would \u201cHurt People Like Me\u201d\u00a0 - 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