- The average likelihood of an expansion in mandatory paid parental leave decreased to 20.3 percent from 27.7 percent in April, marking the lowest level of the series since August 2020. The decline was led by respondents with an annual household income below $60,000.
- The average probability assigned to an increase in the capital gains tax, the income tax rate for the highest bracket, and the mortgage interest deduction all declined to their lowest levels since August 2020. The average perceived likelihood of increases in the gasoline tax and the average income tax also declined.
- The average perceived likelihoods of an increase in the federal minimum wage and the state minimum wage declined below their pre-pandemic levels to 29.9 percent and 33.0 percent, respectively.
- The average probability of an increase in unemployment benefits declined to 23.4 percent from 25.1 percent in April, marking its lowest reading since December 2019.
The SCE Public Policy Survey is fielded every four months as a rotating module of the Survey of Consumer Expectations (SCE). The data are updated online as results come in.