Rich in US: We'll Spend Less If Obama Wins By Robert Frank | CNBC â 2 hours 5 minutes ago The latest Mendelsohn Affluent Barometer showed that 43 percent of the $250,000-plus earners would spend more if Romney is elected. Only 18 percent of them would spend more if President Barack Obama is re-elected. One reason for their reduced spending plans? Taxes. Not surprisingly, 55 percent of the high earners expect their taxes to go up if Obama wins. Only 24 percent expect a tax increase with a Romney win. And 22 percent said the election will have no impact on their taxes.