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Republicans Favor Major Cut in Corporate Tax Rate, Democrats Don’t

Wednesday, March 15, 2017

The United States has the highest corporate tax rate in the developed world, but most voters don’t know that. Voters tend to see cutting the tax rate as an economic plus but are evenly divided over President Trump’s plan to cut it by over half.

A new Rasmussen Reports national telephone and online survey finds that 48% of Likely U.S. Voters are aware that the tax rate on corporations in the United States is higher than in most other nations. Twenty-three percent (23%) incorrectly think the U.S. corporate tax rate is lower than in most nations, while nine percent (9%) say it’s about the same. One-in-five (21%), however, are not sure. (To see survey question wording, click here.)

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The national survey of 1,000 Likely Voters was conducted on March 12-13, 2017 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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