Broad 3-to-1 support for payroll tax cut, new deductions

Voters broadly support President Trump’s call for temporary tax changes to boost the economy during the coronavirus crisis, especially a suspension of the payroll tax.

A new survey from McLaughlin & Associates found that by more than a 3-1 margin, voters 67%-20% back stopping the payroll tax, which funds some government services such as Social Security. The average person in the United States pays $8,462 in payroll taxes, according to the Tax Foundation.

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And importantly, said the polling outfit, the support was bipartisan. The change would cost up to $950 billion if the suspension lasted until Dec. 31.

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“Approval is bipartisan with Republicans supporting the payroll tax cut 77% to 17%; Democrats approve 62% to 21% and independents approve 63% to 22%. Conservatives approve of the payroll tax cut 70% to 20%. Moderates approve 67% to 20% and liberals approve 64% to 19%. African Americans approve 61% to 20%. Hispanics approve 62% to 24%,” said the poll analysis shared with Secrets.

“There would be very broad voter support for President Trump’s proposal to save jobs by cutting the payroll tax for businesses and workers through the end of the year,” the polling company added.

Other tax changes also found support in the poll, including full business deductions for meals and entertainment, by a margin of 63%-21%.

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