54% Favor 20% Cap on Income Tax If Deductions Are Ended
Most voters favor making the first $20,000 someone earns tax free and taxing income greater than $100,000 at a 20% rate in exchange for eliminating all their personal deductions.
A new Rasmussen Reports national telephone survey finds that 68% of Likely U.S. Voters support a proposal that would make the first $20,000 of income earned by anyone tax free. Just 19% are opposed, while 13% more are not sure. (To see survey question wording, click here.)
The survey of 1,000 Likely Voters was conducted on December 22, 2012 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.
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