Donald Trump's approval tumbles over his tax plan
AMERICANS are not buying the tax plan that Donald Trump is selling.
A new poll by CNN shows that the US president's approval rating has sunk to a record low of 35 per cent.
With 35 per cent supported the job Mr Trump is doing in the White House, 59 per cent said they disapprove.
That split is almost mirrored in the number of those who don't like the Republicans' planned tax cut. Opposition to the bill has grown 10 percentage points since November, with 55 per cent saying they disapprove and only 35 per cent in favour of the bill.
More than two-third of respondents say the plan will favour the wealthy, while 37 per cent believe they would be worse off.
Mr Trump tweeted that "stocks and the economy have a long way to go after the Tax Cut Bill is totally understood and appreciated in scope and size".
The US president's approval ratings are much lower than any of his predecessors at the same point of their presidency, which is surprising given, as Mr Trump points out, the sharemarket is at a record high.
Reagan was the only president to come close to Mr Trump's low approval rating, recording a 49 per cent figure in December 1981. Barack Obama's approval was at 54 per cent in the December of his first year.
Nevertheless Congress is expected to vote in favour of the tax bill today with Mr Trump planning to sign it into law soon afterwards.