As congressional Republicans put the finishing touches on their controversial tax bill, should they consider public opinion? Gallup Senior Scientist Justin Wolfers, a professor of economics and public policy at the University of Michigan, offers an economist's insight on that question. Wolfers goes on to shed light on many other important issues that arise when a government attempts to cut taxes. Later, we report on what Americans think about President Donald Trump's position on recognizing Jerusalem as the capital of Israel.
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The GOP tax reform bill lacks bipartisan public support, with only 7% of Democrats and 25% of independents in favor, contrasted with 70% of Republicans.
Most Democrats and independents don't think the proposed tax cuts would help the U.S. economy or their family's financial situation, but Republicans do.
While skeptics have a point in doubting tax reform can happen this year, the president, and now Paul Ryan, insist it will. Public support for middle-class tax relief, particularly from the GOP rank and file, works in reform's favor.