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Majority Isn’t Sold on House Republican Tax Plan

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Majority Isn’t Sold on House Republican Tax Plan research shows that when social media discusses House Tax Plan, people used these words: . Based on our research, see the crowd's opinion and sentiment on House Tax Plan . The data was collected from samples of comments made on the Internet through 11/03/2017. You can intereact with the polling data and see actual excerpts of opinions we've gathered.Use the search box to enter topics, terms, and/or names to see the latest trends and opinion polls on news, sports, politics, entertainment, celebrities, hashtags, products, electronics and more. Opinion polls are updated several times every day on every topic.

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After months of rumors about the substance of a President Trump-backed tax-reform bill, Republicans in the House unveiled their plan last Thursday and got a fairly tepid response. The legislation largely benefits rich individuals and corporations, while providing moderate tax cuts to the middle class. It would permanently lower the corporate tax rate from 35 percent all the way to 20 percent, which The New York Times says would lead to a loss of $1.5 trillion in revenue over the next decade. It would also phase out the estate tax over the course of six years, which benefits some of the wealthiest families in the U.S. Instead of seven tax brackets, the House plan would move to four, with rates of 12 percent, 25 percent, 35 percent and 39.6 percent, depending on annual marginal income. It’s hard to tell what the chances are of the House passing the bill, though a few Republicans have already indicated some uneasiness about how it would affect constituents in their states. And Senate Republicans want to introduce a plan of their own, meaning this could be a long, drawn-out process, just like the healthcare repeal-and-replace debacle. Over the last two days, “House Tax Plan” has a 48 percent positive score on Social, but because tax reform is such a contentious business, that number may be stronger than it seems. –Alex Shultz 

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