42% Say Tax Breaks to Attract Companies are a Good Thing

A new national survey by ScottRasmussen.com shows that 42% of Americans support the general idea of cities giving tax breaks and other incentives in order to get companies to move to those cities. Twenty-eight percent (28%) say it’s not a good idea and 30% aren’t sure.

Similarly, 49% of Americans say it’s a good thing for a community when tech companies become the biggest employers in town. Only 13% say it’s a bad thing, and 38% aren’t sure.

These results are in-line with other recent ScottRasmussen.com surveys showing that most voters have positive views of most new technologies and also do not support efforts to break up the major tech companies.

Seventy-percent (70%) of voters say that it would be a good thing if a tech firm established a major new facility in their area, while only 8% say it would be a bad thing.

Republicans are more likely than Democrats to support the idea of offering companies tax breaks and other financial incentives to get them to open a facility in their area. Still, by a 41% to 30% margin, more Democrats support that idea than those who oppose it (see crosstab results).

As for a major recent example of this phenomenon, only 40% followed the recent news of Amazon deciding to split its new second headquarters between New York City and Arlington, Virginia in suburban Washington, D.C.

Some residents and local politicians in the neighborhoods near Amazon’s chosen location in New York City are attempting to block the move based on predictions of higher rents and more traffic and crowding. The protest movements also object to the heavy tax breaks Amazon has received, especially since it is now the most valuable public company in the world.

The mission of ScottRasmussen.com is to enhance the public dialogue through data-driven analysis that explores the underlying currents of public opinion (read About Us).

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This national survey of 1,003 Registered Voters was conducted January 16-17, 2019 by ScottRasmussen.com and HarrisX, a leading research company specializing in online surveys (see Methodology and the demographic profile of our sample). The Margin of Error is +/- 3.1 percentage points with a 95% level of confidence.

Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).

Posted in Poll Results

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