Voters support paying for infrastructure with taxes, especially a tax on the wealthy, poll says

• A Morning Consult/Politico poll finds voters support paying for a $3 trillion package with tax hikes.
• The voters polled, including Republicans, prefer tax hikes on the wealthy over tax hikes on corporations.
• Biden wants to pay for his infrastructure bill with a partial reversal of Trump's corporate tax cut from 21% to 28%.

A Morning Consult/Politico poll found that over half of voters support paying for President Joe Biden's infrastructure package with tax hikes - but more support increasing taxes on the rich instead of corporations.

Notably, respondents were polled on funding for a $3 trillion infrastructure plan, whereas Biden is reportedly planning $4 trillion of spending in two parts, and debuted the $2 trillion first part on Wednesday.

Of the 2,043 voters polled, 54% said they supported infrastructure improvements with tax increases on corporations and Americans making over $400,000, and just 27% of voters supported infrastructure investments without tax hikes. Among Democrats, 73% supported infrastructure spending with tax hikes on the wealthy and corporations, compared to 32% of Republicans.

Increasing taxes on the rich versus corporations

Among the voters polled, 57% said they would be more likely to support a $3 trillion plan funded by tax increases on Americans making over $400,000; 17% said they were less likely to support it.

In contrast, 47% of voters polled said that they'd be more likely to support a $3 trillion funded by a corporate tax increase, while 21% said they'd be less likely to support it.

Biden officially announced the $2 trillion American Jobs Plan and Made In America Tax Plan on Wednesday. The tax plan would raise the corporate tax rate to 28%, would seek to establish a global minimum rate of 21%, and would offer tax incentives for companies to "onshore" jobs, rather than bring them offshore.

That tax plan is meant to completely offset the cost of the package over 15 years, Biden said. He also emphasized that Americans making under $400,000 won't see a tax increase, and that he's open to other ideas to pay for the plan. That $400,000 figure applies to families making at least that amount, according to Press Secretary Jen Psaki.

The Democrats are likely to face unified opposition to any tax increase. Within the caucus, Sen. Joe Manchin has said he wants a bipartisan process, while some coastal Democrats want the SALT deductions cap rolled back.

The polling suggest most voters favor Biden's proposal, and not just a single poll. Axios reported that White House senior adviser Anita Dunn cited polling that showed broad support for the different elements of the plan in a memo, while Data for Progress/Invest in America polling found "across the board, likely voters overwhelmingly support the plan's elements."