They would make good on President Trump's repeated calls on Congress to go beyond the $1.5 trillion package he signed previous year and give Americans more breaks.
But the Democratic former president warned that moderates "need to know they can invest their vote in the Democratic Party" in the November midterms and the 2020 presidential election. Congressional Democrats quickly panned the plan released by Rep. Kevin Brady (R-Tex.), chairman of the House's Ways and Means Committee and a key architect of last fall's tax cuts.
Ahead of an increasingly narrow midterm election that will determine which political party controls the House and the Senate, Republicans are relying on a strong economy and the promise of a second round of tax cuts to bolster their chances in November.
And even some House Republicans oppose a new tax bill.
And some Republicans from Democratic-leaning states worry that constituents already dislike December's cap on the federal deduction for state and local tax payments, known as SALT.
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If successful in the House, the legislation would not likely be taken up in the Senate soon, though experts believe provisions on retirement savings and tax assistance for start-up companies could find bipartisan support eventually. The lead also similar to Democrats' advantage on the question in 2006, the last time they took back the House. But their message has been undercut by worries about Trump's policy on trade tariffs and a lack of evidence that tax cuts have delivered promised pay increases to workers. Vastly more Democrats and independents say it is inappropriate for officials to act against the President than approve of Trump (36% of Democrats say it is appropriate to act against a President but just 5% of Democrats approve of Trump's performance).
House Republicans said the legislation on the tax cuts would add to economic momentum and create 1.5 million new jobs in the long run, citing numbers from the nonpartisan Tax Foundation. The new tax legislation (or as they call it "Tax Reform 2.0") would also allow taxpayers to deduct medical expenses that are more than 7.5 percent of their gross income for 2017 and 2018, which were reduced from the original 10 percent.
Trump often cites the tax cuts enacted by Republicans as one of the driving forces behind the economy's aggressive growth.
The poll is CNN's first since the conviction of former Trump campaign chairman Paul Manafort on tax and bank fraud charges stemming from Mueller's investigation and guilty pleas from Trump's former lawyer Michael Cohen on several charges after an investigation that Mueller had referred to the US Attorney's Office for the Southern District of NY. According to a RealClearPolitics average of polling, 37 percent of voters approve of the GOP's tax cuts, while nearly 42 percent disapprove.