Communicating About Raising Corporate Taxes

May 20, 2021
Bryan Bennett

The conversation about funding infrastructure moves Americans toward support for raising corporate income tax rates.

Key takeaways from the survey

  • Biden and the Democratic Party are more trusted than the Republican Party to handle improving America’s infrastructure.
  • Across party lines, Americans find arguments about programs that would benefit from increased tax revenue and wealth inequality most convincing as reasons to increase the corporate tax rate from 21% to 28%.
  • Democrats, independents, and Republicans earning less than $50,000 annually find messaging about corporations paying no taxes more convincing than Republicans earning more.

 

Americans Want More Focus on Jobs & The Economy – Key Components of Infrastructure Legislation

Among independents, 46% say jobs and the economy should be a priority and 16% say the same of infrastructure.

Biden and the Democratic Party Are More Trusted to Improve America’s Infrastructure Than the Republican Party

Independents trust Biden and the Democratic Party more to handle improving infrastructure by 20 points, up 13 points since April 26th (from net +7 to net +20).

Majorities Find Investing in Infrastructure and Inequality Most Convincing on Raising Corporate Tax Rate

Nearly half of Americans (47%) say they find a statement focusing on wealth inequality “very convincing.”

Focusing on Wealth Inequality Is Particularly Convincing to Lower-Earning Democrats and Republicans

Democrats, independents, and Republicans earning less than $50,000 annually find messaging about corporations paying no taxes more convincing than Republicans earning more.

Majority Say Their Community Benefits from Biden, But Americans More Split on Personal Impact

Three in five – including a majority of independents – say their community is benefiting from Biden’s actions as much as any other community.

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