58% Say New Tax Money More Likely To Go To New Programs Than To Deficit Reduction

February 17, 2010


President Obama may have to go back on his campaign promise against raising taxes on Americans making less than $250,000 a year in order to reduce the country’s record budget deficit.

But a new Rasmussen Reports national telephone survey shows that even if the president and Congress raise taxes to reduce the federal deficit, 58% of voters think they are more likely to spend the money on new government programs.

Just 23% believe they are more likely to use the new tax money for deficit reduction, and another 19% aren’t sure.

To continue reading: http://www.rasmussenreports.com/public_content/business/taxes/february_2010/58_say_new_tax_money_more_likely_to_go_to_new_programs_than_to_deficit_reduction

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