PRINCETON, NJ — Sixty-three percent of Americans believe their taxes will increase in the next 12 months, while 4% expect a change that will reduce their taxes. Majorities of all income groups share this view, though it is more common among Americans in upper-income households.

Americans in most demographic groups widely expect their taxes to increase over the next year, but there is pronounced variation among income groups, as noted, and by political party affiliation.

Specifically, 74% of Republicans expect their taxes to go up, as do 64% of independents. A proportionately lower 49% of Democrats share that view, but it is still the most common response within the group. Forty-one percent of Democrats expect their taxes to remain unchanged, and 6% think theirs will go down.