If it's in the News, it's in our Polls. Public opinion polling since 2003.


42% Say U.S. Corporations Don’t Pay Enough in Taxes

Monday, August 22, 2011

Americans tend to think U.S. corporations aren't taxed enough, but most favor lowering the tax rates on corporations in exchange for limiting their deductions.

A new Rasmussen Reports national telephone survey finds that 42% of American Adults believe corporations pay too little tax, while 24% feel they pay too much. Seventeen percent (17%) say the level of corporate taxation is about right. Sixteen percent (16%) are not sure. (To see survey question wording, click here.) 

With so-called corporate tax loopholes a likely target in upcoming budget negotiations, 59% think it is better to have lower corporate tax rates and very few deductions than to have higher tax rates and lots of deductions. Just 16% favor higher rates and lots of deductions, but one-in-four (25%) are not sure which is better.

Changes in the tax code are likely as Congress debates ways to cut the federal deficit, and 64% of Americans also prefer lower tax rates and very few deductions for individuals rather than higher rates and lots of deductions.

Seventy-nine percent (79%) of adults recognize, however, that when corporations pay more in taxes, they generally pass the costs along to their customers in the form of higher prices. Only eight percent (8%) don’t believe that’s true, while 13% are undecided.

Thirty-eight percent (38%) correctly recognize that the tax rate currently paid by corporations in the United States is higher that the rate paid by corporations in most other industrialized countries. Thirty percent (30%) think the U.S. tax rate is lower than in most other industrialized nations, and five percent (5%) believe it’s about the same. A sizable number (27%) of Americans are not sure.

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.  

The national survey of 1,000 Adults was conducted on August 18-19, 2011 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.


Become a member and get full access to all articles and polls starting at $3.95/month.

Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.

We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.

Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $3.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.

To learn more about our methodology, click here.