Poll: Voters Prefer GOP, Romney on Taxes

Monday, 16 Jul 2012 12:30 PM

By Patrick Hobin

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Likely voters trust Republicans more than Democrats when it comes to taxes — 43 percent to 36 percent, according to a new poll from The Hill.

They also trust GOP presidential candidate Mitt Romney on taxes more than President Barack Obama — 46 to 42 percent. The survey has a 3 percentage point margin of error.

Among independents, who likely will determine the presidential election’s outcome, 35 percent trust Republicans more on taxes, compared to 23 percent who trust Democrats more. But when it comes to the presidential candidates themselves, the numbers are virtually even — 41 percent for Obama and 39 percent for Romney.

Editor's Note: Will Obama Be Defeated? Vote Here!

The poll also asked respondents whether they think it’s possible to become wealthy in their lifetime. Only 37 percent say yes, while 47 percent say no. It’s difficult to know the ramification of that sentiment for the election. It could hurt Obama as an incumbent, but it also could mean trouble for Republican incumbents in Congress.

Among independent voters, only 29 percent believe they can become wealthy, while 54 percent believe they can’t.

As for how respondents define wealthy, 7 percent say it includes those making at least $50,000 a year, 19 percent say it’s $100,000, 31 percent say it’s $250,000, 19 percent say it’s $500,000, and 20 percent say it’s $1 million.

Meanwhile, 41 percent of voters want the George W. Bush era tax cuts extended for everyone, while 47 percent want them extended only for those who make less than $250,000 a year. Among independents, 39 percent favor a continuation for everyone, and 48 percent support it just for those under $250,000.


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