55% Believe Tax Hikes Lead to Job Losses

Posted on December 9, 2021 | by Staff Writer

Fifty-five percent (55%) of voters believe tax hikes on businesses and individuals generally lead to job losses. A Scott Rasmussen national survey found that 20% disagree and 25% are not sure.

Seventy-one percent (71%) of Republicans see a connection between higher taxes and job losses. So do 49% of Democrats and 49% of Independent voters.

More broadly, just 21% of all voters believe tax hikes are generally good for the economy. Fifty-one percent (51%) see them as bad.

On this, however, there is a significant partisan divide. Democrats, by a 45% to 32% margin, see tax hikes as good for the economy. Republicans reject that view by a 72% to 12% margin. Among Independents, 50% see tax hikes as bad for the economy while 13% see them as good.

Sixty-five percent (65%) of all voters are opposed to tax hikes that lead to job losses.

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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.

Question 1:

Generally speaking, are higher taxes good for the economy or bad for the economy?

21% Good for the economy

51% Bad for the economy

10% No impact

17% Not sure

Question 2:

Okay, do tax hikes on businesses and individuals generally lead to job losses?

55% Yes

20% No

25% Not sure

Question 3:

If you knew that tax hikes on business and individuals led to job losses, would you support them?

21% Yes

65% No

14% Not sure

Methodology

The survey of 1,200 Registered Voters was conducted online by Scott Rasmussen on December 6-8, 2021. Field work for the survey was conducted by RMG Research, Inc. 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.

25% Support Build Back Better Tax Break for Trial Lawyers; 56% Oppose

Posted on December 6, 2021 | by Staff Writer

The Build Back Better legislation passed by the House of Representatives includes a special $2.5 billion tax break for trial lawyers. A Scott Rasmussen national survey found that 25% favor this tax break while 56% are opposed.

Seventy-two percent (72%) of Republicans oppose the tax break. Independents are opposed by a 58% to 18% margin. A modest plurality (46%) of Democrats, however, like the idea of a special tax break for trial lawyers.

The Build Back Better plan–called the Big Government Socialism Bill by Republicans– is struggling in the Senate. One reason is that the legislation has a number of extraordinarily unpopular provisions.

Sixty-percent (60%) oppose the Build Back Better payments to illegal immigrants. Just 28% support those payments.
Seventy-three percent (73%) oppose the president’s plan giving the IRS more access to personal and business financial information. That’s partly because 72% think the IRS already collects too much personal information. Voters strongly believe the agency will use new information to target political enemies and the middle class.
The plan includes a tax credit of up to $50,000 for print journalists. Only 19% like that idea.
If someone is physically able to work, 78% of voters believe they should be required to seek a job in order to receive financial support from the government. The Biden plan weakens existing work requirements and does not include such requirements for new benefits.
The plan encourages a rapid transition to electric vehicles. However, just 26% of voters support that goal. Sixty-six percent (66%) believe the transition should wait at least until the needed batteries can be manufactured in the U.S. rather than relying upon China.
The Build Back Better plan expands eligibility for federal benefits at a time when 55% of voters believe too many are already receiving benefits rather than working.
Most voters (53%) believe it is more important protect the existing Medicare program rather than expanding it by adding new benefits. Just 34% disagree.
There are a number of other unpopular provisions including requirements to increase the cost of daycare, reduce the ability of faith-based organizations to provide daycare services, providing federal funding for abortions, and more.

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Question:

A proposal has been made that would give a special $2.5 billion tax break for trial lawyers. Do you favor or oppose this proposal?

11% Strongly favor

14% Somewhat favor

21% Somewhat oppose

35% Strongly oppose

19% Not sure

Methodology

The survey of 1,200 Registered Voters was conducted online by Scott Rasmussen on November 29-30, 2021. Field work for the survey was conducted by RMG Research, Inc. 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.

73% Oppose Plan Requiring Banks to Notify IRS of All Personal Transactions Over $600

Posted on September 29, 2021 | by Scott Rasmussen

A proposal has been made that would require banks to notify the IRS of every transaction of $600 or more made by every American. A Scott Rasmussen national survey found that just 18% of voters favor this plan while 73% are opposed.

Those totals include 6% who Strongly Favor the plan and 59% who are Strongly Opposed.

This effort to give IRS more access to personal financial information is opposed by 86% of Republicans, 71% of Independents, and 62% of Democrats.

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Methodology

The survey of 1,200 Registered Voters was conducted online by Scott Rasmussen on September 24-25, 2021. Field work for the survey was conducted by RMG Research, Inc. 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.

The margin of sampling error for the full sample is +/- 2.8 percentage points.

19% Favor Reconciliation Tax Credit for Journalists; 54% Oppose

Posted on September 28, 2021 | by Scott Rasmussen

Nineteen percent (19%) of voters favor a proposal providing a tax credit of up to $50,000 for print and online journalists. A Scott Rasmussen national survey found that 54% are opposed and 27% are not sure.

The proposal is part of the reconciliation package being considered by Congress. Just 6% Strongly Favor the idea and 36% are Strongly Opposed.

The proposal is at least somewhat supported by 30% of Democrats, 18% of Independents, and 10% of Republicans.

Those who favor policies like those of Senator Bernie Sanders like policies are evenly divided: 35% favor the tax credit and 36% are opposed. Those who prefer more traditional Democratic policies are opposed by a 2-to-1 margin.

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Methodology

The margin of sampling error for the full sample is +/- 2.8 percentage points.

76% Believe Raising Corporate Taxes Will Raise Prices for Consumers

Posted on September 25, 2021 | by Scott Rasmussen

If the federal government raises taxes on large corporations, 76% of voters think it is likely that consumers will end up paying higher prices. A Scott Rasmussen national survey also found that 73% believe such tax hikes will cause some companies to take jobs overseas.

Eighty-five percent (85%) of Republicans believe higher corporate taxes will lead to higher costs. S0 do 76% of Democrats and 68% of Independents.

Data released earlier showed that 61% of voters expect the Biden Administration to raise middle class taxes.

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Methodology

The survey of 1,200 Registered Voters was conducted online by Scott Rasmussen on September 22, 2021. Field work for the survey was conducted by RMG Research, Inc. 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.

The margin of sampling error for the full sample is +/- 2.8 percentage points.

68% Believe Fed Gov’t Efforts to Manage Economy Generally Do More Harm Than Good

Posted on September 17, 2021 | by Scott Rasmussen

When the federal government tries to manage the economy, 68% of voters believe it generally does more harm than good. A Scott Rasmussen national survey found that 20% disagree and 12% are not sure.

Those totals include 37% who Strongly Agree and 6% who Strongly Disagree.

That belief is shared by 82% of Republicans, 65% of Independents, and 60% of Democrats.

Seventy-one percent (71%) of Hispanic voters believe government efforts to manage the economy generally do more harm than good. So do 69% of White voters and 62% of Black voters.

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Methodology

The survey of 1,200 Registered Voters was conducted by Scott Rasmussen using a mixed mode approach from September 10-11, 2021. Field work for the survey was conducted by RMG Research, Inc. Most respondents were contacted online or via text while 239 were contacted using automated phone polling techniques. Online 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.

The margin of sampling error for the full sample is +/- 2.8 percentage points.

48% Say Gov’t Regulation of Small Business Too Strict, 11% Say Not Strict Enough; Different Story for Big Business

Posted on September 14, 2021 | by Scott Rasmussen

Forty-eight percent (48%) of voters believe government regulations on small businesses are too strict. A Scott Rasmussen national survey found that 11% believe they are not strict enough while 24% believe the level of regulation is about right.

However, perceptions are much different when it comes to regulating big businesses. Forty percent (40%) say regulation of big businesses is not strict enough. Just 23% think they are too strict while 20% say about right.

There is a substantial gender gap on this topic. By a 46% to 15% margin, women believe that regulations on big businesses are not strict enough. Men are evenly divided between too strict and not strict enough.

Fifty-four percent (54%) of men believe the regulations on small businesses are too strict. Forty-two percent (42%) of women agree.

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Methodology

The margin of sampling error for the full sample is +/- 2.8 percentage points.

76% Say Taxes in America Are Too High; 9% Say Too Low

Posted on September 14, 2021 | by Scott Rasmussen

Seventy-six percent (76%) of voters believe taxes in America are currently too high. A Scott Rasmussen national survey found that 9% believe they are too low and 8% think they’re about right.

These totals include 39% who believe taxes are Much Too High and 3% who believe they are Much Too Low.

The belief that taxes are too high is strongly shared across all measured demographic groups. Seventy-seven percent (77%) of men hold that view as do 75% of women. So do 77% of rural residents, 76% of suburban residents, and 74% of urban residents. Among those who earn less than $100,000 a year, 77% believe taxes are too high. Among those with higher incomes, that figure is 74%.

Politically, 87% of Republicans believe taxes are too high. So do 71% of Independent voters and 69% of Democrats.

The highest level of belief that taxes are too low was found among voters who prefer policies like those of Senator Bernie Sanders. However, even among Sanders’ voters, 67% believe taxes are too high and just 18% believe they are too low.

Democrats in Congress say they are focused on higher taxes only for the rich, but voters are skeptical. After being reminded that President Biden has promised not to raise taxes on anyone earning less than $400,000 a year, 61% of voters believe it is likely that the Biden Administration will raise taxes on middle class Americans. Only 27% consider it unlikely.

Forty-one percent (41%) of voters believe the benefits of government are worth the costs and regulations. Thirty-three percent (33%) disagree and 26% are not sure.

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Methodology

The margin of sampling error for the full sample is +/- 2.8 percentage points.

61% Say Biden Likely To Raise Middle Class Taxes

Posted on August 10, 2021 | by Scott Rasmussen

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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Methodology

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.

71% Favor Taxing Endowment Income of Elite Universities Like Harvard

Posted on May 27, 2021 | by Scott Rasmussen

Seventy-one percent (71%) of voters believe elite universities such as Harvard and other nonprofit foundations should pay taxes on their endowment income. A Scott Rasmussen national survey found that just 12% disagree and 16% are not sure.

The idea of taxing the endowment funds is favored by 76% of Hispanic voters, 71% of Black voters, and 71% of White voters.

Seventy-six percent (76%) of Republicans favor the idea along with 71% of Democrats, and 61% of other voters.

Similar support is found for a proposal to tax the endowment funds of elite universities and use the money to fund apprenticeship programs. Seventy percent (70%) favor the proposal and 13% are opposed. Those figures include 36% who Strongly Favor the plan and 5% who are Strongly Opposed.

The proposal for taxing endowment funds of elite universities to fund apprenticeship programs was mad by Senator Tom Cotton.

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Methodology

The survey of 1,500 Registered Voters was conducted by Scott Rasmussen using a mixed mode approach from May 20-22, 2021. Field work for the survey was conducted by RMG Research, Inc. Most respondents were contacted online or via text while 216 were contacted using automated phone polling techniques. Online 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.