Today, 68% of Americans believe that Kamala Harris will raise taxes on corporations, aligning with her proposed policies of raising the corporate tax rate to 28%, up from 21%.
This effectively reverses Trump’s 2017 tax cuts, which dropped corporate tax rates from 35% to 21%. Under Harris’ proposals, the federal government is estimated to raise $1 trillion over the next decade, but Wall Street argues it could eat into corporate profits.
In contrast, 56% of Americans expect Trump to further reduce corporate taxes, consistent with his plan to lower the rate to 15%.
On the federal minimum wage, most Americans believe Harris will push for an increase, in line with her policy proposals. Both candidates also support eliminating taxes on tipped wages.
Meanwhile, 49% of Americans believe that Harris will increase regulation, with Harris proposing caps on food price increases at grocery stores, and restrict bulk home purchases by corporations. On the other hand, more than half of Americans think that Trump will deregulate industries, matching recent plans to cut 10 regulations for every new one added if elected to a second term.