ADVERTISEMENT
  • News
  • New York
  • Technology
  • Culture
  • Entertainment
  • Sport
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Thursday, May 15, 2025
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home WORLD

44% Expect A Tax Increase Under Obama

The FINANCIAL by The FINANCIAL
August 2, 2010
in WORLD
Reading Time: 2 mins read
7
A A
0
Share on FacebookShare on Twitter

The FINANCIAL — Forty-four percent (44%) of U.S. voters still expect their taxes to increase under President Obama, according to a new Rasmussen Reports national telephone survey.

 

Just nine percent (9%) think their taxes will go down, and 39% expect them to stay the same.

RelatedPosts

How India and Pakistan Became Nuclear-Capable Countries

How serious do Britons think an India-Pakistan war would be?

What inspired the recreation of London Zoo in 1904?

US-China trade war: serious consequences, mostly for the USA

 

The week President Obama took office in late January 2008, only 31% expected a tax hike while he was in office. Since then, that concern has risen as high as 48%.

 

Nineteen percent (19%) say tax increases help the economy, but 58% disagree and think they hurt economically.

 

By contrast, 59% believe tax cuts help the economy, and only 17% say they hurt. Voters have consistently for years viewed tax cuts as more beneficial to the economy than tax increases.

 

The Political Class sees it differently, however.  While 73% of Mainstream voters think tax increases hurt the economy, the plurality (48%) of the Political Class believe they are good for the economy. Similarly, 63% of Mainstream voters say tax cuts help the economy, but those in the Political Class are closely divided on the question.

 

The survey of 1,000 Likely U.S. Voters was conducted on July 26-27, 2010 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. 

 

Sixty-four percent (64%) of all voters believe government spending will go up under the Obama administration, while only seven percent (7%) expect spending to decrease. One-in-four voters (25%) expects government spending to stay about the same.

See also  Xi inspects AI industry in Shanghai, calling for its development

 

Those results have fluctuated little since Obama took office, but the number that expects government spending to increase is down from the mid-70s last summer following the $787-billion economic stimulus plan and bailouts for the financial sector and the auto industry. When Obama first took office in January of last year, 63% expected government spending to go up during his term.

 

Only 28% believe increased government spending is good for the economy. Fifty-two percent (52%) believe increased government spending is bad for the economy, while 12% say it has no impact. 

 

By a 69% to 15% margin, voters believe cutting taxes is a better way to create jobs than more government spending. 

 

Seventy-five percent (75%) say the unwillingness of politicians to reduce government spending is more to blame for current state budget crises than the unwillingness of taxpayers to pay more in taxes. 

 

Men are slightly more likely than women to believe both personal taxes and government spending will rise during the Obama years.

 

While a majority (52%) of Mainstream voters (52%) expect their taxes to go up during Obama’s term, 58% of those in the Political Class think taxes will stay about the same.

 

The number of voters who view the issue of Taxes as Very Important has jumped 10 points from May to its highest level ever in Rasmussen Reports tracking. 

 

Voters trust Republicans more than Democrats on nine out of the 10 key issues.  On the issue of taxes, voters trust Republicans over Democrats, 52% to 36%.

 

 

Related Posts

How India and Pakistan Became Nuclear-Capable Countries
WORLD

How India and Pakistan Became Nuclear-Capable Countries

by The FINANCIAL
May 7, 2025
0

India’s nuclear program began with civilian intentions but evolved into a strategic deterrent driven by regional threats. The Tata Institute...

Read more
How serious do Britons think an India-Pakistan war would be?

How serious do Britons think an India-Pakistan war would be?

May 7, 2025
What inspired the recreation of London Zoo in 1904?

What inspired the recreation of London Zoo in 1904?

China-Russia Alignment: A Threat to Europe’s Security

US-China trade war: serious consequences, mostly for the USA

May 3, 2025

Discussion about this post

  • Trending
  • Comments
  • Latest
Ampersand wins £22m five-year contract at London Zoo

Ampersand wins £22m five-year contract at London Zoo

June 25, 2012
How India and Pakistan Became Nuclear-Capable Countries

How India and Pakistan Became Nuclear-Capable Countries

May 7, 2025
U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

May 13, 2025
BMW Group sources aluminium produced using solar energy

Global solar PV growth expected to slow to 10% in 2025, reaching 655 GW new installations

May 6, 2025
Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

May 13, 2025
U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

May 13, 2025
Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

May 13, 2025
How India and Pakistan Became Nuclear-Capable Countries

How India and Pakistan Became Nuclear-Capable Countries

May 7, 2025
How serious do Britons think an India-Pakistan war would be?

How serious do Britons think an India-Pakistan war would be?

May 7, 2025
Homes Sold Faster than Ever in 2017

Tariffs Spur Home Improvement Shock: ‘Prices to Skyrocket,’ Expert Warns

May 7, 2025
ADVERTISEMENT

Popular Last 24h

  • Ampersand wins £22m five-year contract at London Zoo

    Ampersand wins £22m five-year contract at London Zoo

    3297 shares
    Share 1319 Tweet 824
  • U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

    34 shares
    Share 14 Tweet 9
  • Muslim Pro App CEO Addresses Data Privacy Concerns and Outlines Enhanced Security Measures

    84 shares
    Share 34 Tweet 21
  • Foreign Officials express condolences about tragic road accident in Georgia

    12 shares
    Share 5 Tweet 3
  • Lutz-Jesco GmbH Acquires FXM Line of Peristaltic Pumps from Valmet

    43 shares
    Share 17 Tweet 11
  • Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

    25 shares
    Share 10 Tweet 6
  • Kohl’s Fires CEO Ashley Buchanan After Four Months Over Ethics Violation, Faces Uncertain Future

    60 shares
    Share 24 Tweet 15

LATEST POSTS

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

May 13, 2025
Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

May 13, 2025
How India and Pakistan Became Nuclear-Capable Countries

How India and Pakistan Became Nuclear-Capable Countries

May 7, 2025
How serious do Britons think an India-Pakistan war would be?

How serious do Britons think an India-Pakistan war would be?

May 7, 2025
Homes Sold Faster than Ever in 2017

Tariffs Spur Home Improvement Shock: ‘Prices to Skyrocket,’ Expert Warns

May 7, 2025
Protected: REITs vs. Stocks: Which Offers Better Long-Term Growth for Real Estate Investors?

Protected: REITs vs. Stocks: Which Offers Better Long-Term Growth for Real Estate Investors?

May 7, 2025
Turkcell and Huawei Complete World’s First LTE Spectrum Coordination on a Commercial Network

Huawei Digital Power’s All-Scenario Grid Forming ESS Accelerates the Global Energy Transition and Construction of New Power Systems

May 7, 2025
How Much Is the Average Slip and Fall Settlement in California?

How Much Is the Average Slip and Fall Settlement in California?

May 7, 2025
PwC: Policymakers Must Offer Clarity and Coordination to Secure Net-Zero

PwC to Cut 1,500 U.S. Jobs as Part of Strategic Workforce Adjustment

May 6, 2025
Cybersecurity spend tops US$10 billion in Q4 2018 as new deployment models gain traction

Rising Demand for Cybersecurity in Real-Time Operating Systems (RTOS)

May 6, 2025

LATESTBUSINESS

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

by The FINANCIAL
May 13, 2025
0

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

Thomas Priore Discusses How Unified Commerce is Transforming Business Financial Operations

by The FINANCIAL
May 13, 2025
0

Homes Sold Faster than Ever in 2017

Tariffs Spur Home Improvement Shock: ‘Prices to Skyrocket,’ Expert Warns

by The FINANCIAL
May 7, 2025
0

Turkcell and Huawei Complete World’s First LTE Spectrum Coordination on a Commercial Network

Huawei Digital Power’s All-Scenario Grid Forming ESS Accelerates the Global Energy Transition and Construction of New Power Systems

by The FINANCIAL
May 7, 2025
0

PwC: Policymakers Must Offer Clarity and Coordination to Secure Net-Zero

PwC to Cut 1,500 U.S. Jobs as Part of Strategic Workforce Adjustment

by The FINANCIAL
May 6, 2025
0

Global tech innovation initiative unlocks Singapore as key growth market for international startups

Lutz-Jesco GmbH Acquires FXM Line of Peristaltic Pumps from Valmet

by The FINANCIAL
May 6, 2025
0

BMW Group sources aluminium produced using solar energy

Global solar PV growth expected to slow to 10% in 2025, reaching 655 GW new installations

by The FINANCIAL
May 6, 2025
0

Turkish Exporters Could Face Steep Extra Costs Under New EU Carbon Rules

Global Port Volumes Pressured by Trade War, Economic Slowdown

by The FINANCIAL
May 6, 2025
0

GET IN TOUCH

Submit guest post/Letters to the Editor:

editor (at) finchannel.com

Sales & Marketing: (+995 558) 03 03 03 Email: marketing (at) finchannel.com

Whatsup: (+995 599) 96 52 52

Georgia:

(+995 599) 96 52 52 Email: editor (@) finchannel.com

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2025 Intelligence Group llc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.