New Poll Finds Strong Public Support for Housing Credit in Tax Reform

A new poll from Harvard’s Center for American Political Studies (CAPS) and Harris Insights & Analytics shows that 74 percent of voters are in favor of keeping the Low-Income Housing Tax Credit (Housing Credit) in tax reform – giving it the most support of any corporate tax deduction or credit among those polled.  

This strong demonstration of public support for the Housing Credit comes at a critical time as Congress and the Administration move forward in the tax reform process. The Administration has announced that it will release a tax reform proposal as soon as Wednesday, and the House Ways and Means Committee is preparing to begin hearings on tax reform in the coming weeks.

The poll also found that just under half of voters support cutting the corporate tax rate from 35 percent to 25 percent, but are more inclined to support corporate tax reform that would bring foreign profits back to the U.S. and fund infrastructure investments in the U.S..