Fewer Voters Expect Tax Hikes Under Obama Following Deal

The number of voters who expect their own personal taxes to increase under the Obama administration has fallen to its lowest level since April 2009.

The latest Rasmussen Reports national telephone survey of Likely Voters shows 33% believe their own taxes will go up during the Obama administration, down eight points from last month. Still, only 10% expect their taxes to go down in that time. Forty-eight percent (48%) believe their taxes will remain about the same under President Obama’s administration, while 10% are not sure. (To see survey question wording, click here.)

Prior to this survey, the number of voters who expected their taxes to rise under Obama fell below 40% just one other time in 2010. Meanwhile, the number who expect their taxes to remain about the same is at its highest level since Obama took office in January 2009.

This marks the first time Rasmussen Reports asked voters the question since the president’s tax cut deal with Republicans. Most voters still approve of the tax cutting deal between President Obama and senior congressional Republicans, but support has fallen somewhat. 

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The survey of 1,000 Likely Voters nationwide was conducted on December 23, 2010 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.