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House Speaker Paul Ryan, R-Wis., left, and Senate Majority Leader Mitch McConnell, R-Ky., right, listen as President Donald Trump speaks. Photo: Evan Vucci / AP

52% of American voters disapprove of the GOP tax plan, according to the latest Quinnipiac poll. 25% of American voters approve of it. The tax plan has 60% support among Republicans.

Why it matters: The GOP's message is that the tax overhaul is supposed to be good for all Americans and reduce taxes for most Americans, but 61% think the plan will benefit the wealthy the most, and only 16% say the plan will reduce their taxes.

On specific provisions in the tax plan:

  • 59% think it's a bad idea to eliminate the deduction for state and local income taxes.
  • 58% think doubling the standard deduction is a good idea.
  • 49% think it's a bad idea to lower the corporate tax rate from 35% to 20%.
  • 48% think eliminating the estate tax is a good idea.

Go deeper

Felix Salmon, author of Capital
28 mins ago - Economy & Business

The biggest obstacle to a wealth tax

Illustration: Aïda Amer/Axios

Taxing the rich is an idea that's back. An "ultra-millionaire tax" introduced by Elizabeth Warren and other left-wing Democrats this week would raise more than $3 trillion over 10 years, they say, while making the tax system as a whole more fair.

Why it matters: New taxes would be a necessary part of any Democratic plan to redistribute wealth and reduce inequality. But President Biden has more urgent priorities — and Warren's wealth tax in particular faces constitutional obstacles that make it a hard sell.

House passes sweeping election and anti-corruption bill

Photo: Win McNamee via Getty Images

The House voted 220-210Wednesday to pass Democrats' expansive election and anti-corruption bill.

Why it matters: Expanding voting access has been a top priority for Democrats for years, but the House passage of the For the People Act (H.R. 1) comes as states across the country consider legislation to rollback voting access in the aftermath of former President Trump's loss.

Updated 7 hours ago - Politics & Policy

House passes George Floyd Justice in Policing Act

Photo: Stephen Maturen via Getty Images

The House voted 220 to 212 on Wednesday evening to pass a policing bill named for George Floyd, the Black man whose death in Minneapolis last year led to nationwide protests against police brutality and racial injustice.

Why it matters: The legislation overhauls qualified immunity for police officers, bans chokeholds at the federal level, prohibits no-knock warrants in federal drug cases and outlaws racial profiling.