60% Think More Government Spending, Higher Taxes Hurt the Economy
President Obama plans $55 billion in new government spending and higher taxes on some Americans for fiscal 2015, but most voters continue to believe that more spending and higher taxes hurt rather than help the economy. Cutting taxes, they say, is the better way to create new jobs.
A new Rasmussen Reports national telephone survey finds that just 23% of Likely U.S. Voters think more government spending and higher taxes will help the economy. Sixty percent (60%) believe that combination will hurt the economy instead. Only eight percent (8%) say they will have no impact. (To see survey question wording, click here.)
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The survey of 1,000 Likely Voters was conducted on March 6-7, 2014 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.