Sixty-one percent (61%) of voters believe it is likely that the Biden Administration will raise taxes on middle class Americans. A Scott Rasmussen national survey found that 27% consider it unlikely and 12% are not sure.
These results are especially stunning given that, before being asked the question, survey respondents were reminded that President Biden has promised not to raise taxes on anyone earning less than $400,000 a year.
Republicans overwhelmingly believe tax hikes are coming for the middle class. Democrats are evenly divided with a very modest plurality expecting tax hikes. Among Independent voters, 44% say the middle class taxes are likely while 25% disagree.
Most voters (53%) believe that tax hikes hurt the economy while just 23% believe they help. Voters who prefer Trump like policies and Traditional Republican policies share a strong believe that tax hikes are bad for the economy.
However, there is a divide on this issue between Sanders’ Democrats and Traditional Democrats. By a 42% to 31% margin, those who favor Sanders like policies believe tax hikes are good for the economy. By a mirror image 42% to 27% margin, Traditional Republicans believe they are bad.
Voters with a postgraduate degree are evenly divided as to whether tax hikes or good or bad for the economy. Among all other voters, most believe tax hikes hurt the economy.
Data released earlier shows that 59% of voters nationwide believe increased government spending leads to inflation. That helps explain why just 22% of voters want Congress and the President to increase federal spending next year.
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Note: Neither Scott Rasmussen, ScottRasmussen.com, nor RMG Research, Inc. have any affiliation with Rasmussen Reports. While Scott Rasmussen founded that firm, he left more than seven years ago and has had no involvement since that time.
The survey of 1,200 Registered Voters was conducted online by Scott Rasmussen from August 4-9, 2021. Field work for the survey was conducted by RMG Research, Inc. Respondents were selected from a list of Registered Voters and through a process of Random Digital Engagement. Certain quotas were applied, and the sample was lightly weighted by geography, gender, age, race, education, internet usage, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population.