The Sconi

A national poll shows that 66% of Americans are against the Inflation Reduction Act tax hike, which is supported by U.S. Senate candidate and Wisconsin Lt. Gov. Mandela Barnes. 

The Democrats' Inflation Reduction Act would increase household taxes by more than $2,000 annually. Knowing this, more than 6 in 10 Americans are against the bill, according to a recent national poll. The nonpartisan Joint Committee on Taxation confirms the act will raise taxes for Americans across all income brackets.

“Within days of being anointed the Democrat nominee U.S. Senate in Wisconsin, Mandela Barnes is already revealing himself to be just another tax and spend politician dead set on sticking low- and middle-income earners with the bill for another liberal wish list.” Mike Marinella, director of the Republican Party of Wisconsin Rapid Response, said.

Other Twitter accounts highlighted the unpopularity of the plan. 

"NEW @SenOppFund poll: 66% of Americans are AGAINST the average American household's $2,120 tax hike provided by the Democrats' Inflation Reduction Act," Erin Perrine, former principal deputy communications director to former President Donald Trump, said on Twitter.

A new national survey released by the Senate Opportunity Fund polled Americans' views on the Democrats' Inflation Reduction Act, which according to nonpartisan analysis, will increase taxes for almost all working Americans. Knowing that the average household will pay over $2,120 more in taxes, 66% of Americans are opposed to the bill. 

According to an analysis carried out by the Joint Committee on Taxation, under the legislation, taxes will go up by $16.7 billion in 2023 on taxpayers earning less than $200,000 —a nearly $17 billion tax aimed primarily at low- and middle-income workers, in the middle of stagflation. The 10-year window will increase the average tax rate for nearly every single income category, and by 2031, Americans earning below $400,000 are anticipated to bear as much as two-thirds of the burden of the tax revenue collected that year.

The JCT analysis also shows that the weight of the bill's tax increases on lower- and middle-income Americans is so significant that any supposed tax credit benefits only outweigh the tax hits. Even for the sliver of people who do receive a small benefit, significantly larger portions of American taxpayers would still face a tax increase. 

Nonpartisan research shows that in 2023, tax increases would happen for 24.6% of taxpayers earning between $10,000 and $20,000; 61.7% of those earning between $40,000 and $50,000; 91.3% of those earning between $75,000 and $100,000; and 97.2% of those earning between $100,000 and $200,000.

The SOF poll also highlights that 68% of Americans do not believe President Biden and Congressional Democrats are doing enough to stop inflation. This includes 43% of liberal voters and 67% of moderate voters. The SOF poll was conducted from Aug. 11 to 14. It surveyed 800 likely voters in the general election.