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Voters Worry Less About Taxes Under Obama
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One in three voters (33%) now say taxes will increase under President Barack Obama’s administration, according to the latest Rasmussen Reports national telephone survey. That’s the lowest level seen since Obama was elected last month.

The day after Election Day, 38% said their own personal taxes would increase. In mid-November, that percentage dropped to 36%.

The latest survey found that 16% say their taxes will go down, while 39% say theirs will stay about the same. Just after Election Day, 22% said their taxes would go down and 29% said they would stay about the same.

Nationally, in the Rasmussen Reports daily Presidential Approval Index, 44% of voters now Strongly Approve of the way Obama is handling the role of president-elect while just 17% Strongly Disapprove.

Half of voters (50%) say they pay more than their fair share of taxes, while 28% disagree. Those percentages have changed little from November 8. While the majority of Republican voters (57%) believe they pay more than their fair share of taxes, less than half of Democrats (48%) and unaffiliated voters (47%) say the same.

(Want a free daily e-mail update? Sign up now. If it's in the news, it's in our polls).

The poll also found that while 40% of voters would rather vote for a candidate who promised to oppose all tax increases, 44% would favor a candidate who promised to raise taxes only on the rich. Those percentages were even closer in early November.

Not surprisingly, Democrats and Republicans have opposite views. Democrats favor raising taxes only on the rich by a 65% to 21% margin, while GOP voters are opposed to all tax increases by a 71% to 18% margin. Unaffiliated voters are more divided, with 46% who say they’d rather raise taxes on only the rich and 34% who say all tax increases should be opposed.

Most voters (54%) say tax increases hurt the economy, while 21% say they help the economy and 15% say they have no impact.

Fifty-eight percent (58%) believe tax cuts are beneficial to the economy, while just 17% say they hurt the economy. Eighteen percent (18%) sax tax cuts have no impact.

Voters favor a tax policy that helps the economy grow over one that allows everyone to pay their fair share, 55% to 38%.

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Rasmussen Reports is an electronic publishing firm specializing in the collection, publication, and distribution of public opinion polling information.

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Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade.