42% Willing To Pay More in Taxes to Balance Budget If Real Spending Cuts Are Made
Monday, November 19, 2012
If real spending cuts aren’t enough, voters are evenly divided over whether they’d be willing to pay more in taxes to balance the budget. They’re similarly divided when it comes to cutting income tax deductions for higher-income Americans, but most like the idea of making all income up to $20,000 tax-free.
If the president and Congress agreed to a long-term plan to significantly reduce federal spending and the deficit, 42% of Likely U.S. Voters would be personally willing to pay “a bit more” in taxes to balance the budget if the spending cuts were not enough. But a new Rasmussen Reports national telephone survey finds that another 42% are not willing to pay more even if they were assured that the spending cuts were real. Sixteen percent (16%) are not sure. (To see survey question wording, click here.)
Given the holiday week, there will be no Rasmussen Challenge this week. The contest will resume on Tuesday, November 27, 2012.
(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 survey of 1,000 Likely Voters was conducted on November 15, 2012 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.
Rasmussen subscribers can log in to read the rest of this article.
Save 60% on 12 months of Rasmussen Reader service – Just $24.95! >Limited Time Discount Offer
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 $4.95 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.