58% Say Raising Taxes Damages the Economy

Forty-four percent of voters expect their taxes to eventually rise under President Obama, according to a Rasmussen Reports national telephone survey which also reported that 9% think their taxes will go down and 39% expect them to remain stable. That number has risen 8% since Obama took office and has been as high as 48% since polling began. Of those polled, 58% say an increase in taxes damages the economy while tax cuts help the economy compared to an average of 18% who disagree on both fronts.

Most interestingly, but not surprisingly, the survey also found a sharp difference between mainstream voters and what they deemed the "political class." "While 73% of mainstream voters think tax increases hurt the economy, 48% of the political class believe they are good for the economy."