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Hispanic Chamber CEO: 'We're Thrilled' That GOP Tax Plan May Pass

As many as 50 percent of Americans predict that their federal taxes will go up with the sweeping tax reform plan now under consideration by Congress, according to a Monmouth University poll.

Just 14 percent say their taxes will go down, while 25 percent believe their taxes will stay the same under the plan. Those who don't know number 12 percent.

Nearly half (47 percent) of those surveyed said they disapprove of the similar tax bills passed by the House and Senate. Only 26 percent of respondents said they approve, while 19 percent had no opinion and 8 percent wanted to wait to draw a conclusion until they saw a final bill.

Monmouth researchers surveyed 806 adults nationwide from December 10 to 12, and the survey has an error margin of plus or minus 3.5 percentage points.

On "America's Newsroom" Tuesday, Rep. Peter Roskam (R-Ill.) said he expects the Republican tax bill to be viewed more favorably as people see what it entails and how it will lower taxes for middle-class Americans and businesses.

He added that polls aren't always accurate and reliable, pointing to Donald Trump's stunning victory in the 2016 presidential election.

"Polls are not particularly the types of things that you want policymakers to be tethered to," Roskam said.

He noted that the Tax Reform Act of 1986 also was not overwhelmingly popular before President Ronald Reagan signed it into law.

Watch more above.

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