A new CNN/SSRSpoll released Wednesday shows a little more than half of all Americans oppose President Donald Trump's tax reform proposals, and nearly a third of survey respondents believe they'll be "worse off" if the White House and Congress enact the plan.

Fifty-two percent of Americans oppose the administration's proposals, compared to 34 percent who say they favor them, according to the poll.

Meanwhile, an overwhelming majority of Americans also think the president should release his personal tax returns, a controversial topic that overshadowed Trump's 2016 presidential campaign. According to the poll, 74 percent of respondents believe the president should allow his tax records to be scrutinized.

The CNN/SRS poll was conducted from October 12-15 and surveyed more than 1,000 respondents.

While the country as a whole seems ambivalent about Trump's tax plan, opinion breaks down sharply along party lines.

Eighty-one percent of Democrats oppose the proposal and 70 percent of Republicans approve of it. Independents are somewhat divided, 50 percent approving, 35 percent disapproving and 14 percent having no opinion.

According to the poll, 37 percent of respondents believe their tax burden will be "about the same" after the proposed tax reforms are enacted. However, more people believe they will be "worse off" (31 percent) than "better off" (24 percent) after the reforms, according to the poll .

Many Americans also believe the reforms will harm the country: 38 percent of respondents believe it will add to the federal budget deficit, compared to 22 percent who believe it would reduce the deficit. Thirty-five percent believe the GOP tax overhaul would worsen national economy, while 31 percent believe it would help things get better.