22% Favor Eliminating All Deductions To Lower Income Tax Rates
Not many Americans favor the elimination of all income tax deductions in exchange for lower tax rates. Most think the wealthy are less likely to contribute to charity if their deductions are reduced.
A new Rasmussen Reports national telephone survey finds that 70% of Adults think it’s at least somewhat likely that wealthy Americans will give less money to charity if deductions for charitable donations are reduced. This finding is up slightly from early April 2009 when 66% believed that to be true. Just 18% think it’s unlikely wealthy Americans would donate less money if deductions are reduced. This includes 44% who say it’s Very Likely the rich would donate less, compared to only four percent (4%) who believe it’s Not At All Likely. (To see survey questions wording, click here.)
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The survey of 1,000 American Adults was conducted on March 3-4, 2013 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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