A new survey indicates that most Americans want tax cuts for the rich to expire.
The CBS News/New York Times poll shows 53% of Americans agree with President Barack Obama to end tax cuts for the wealthy, while 38% think it’s a bad idea and 9% do not know.
Click here to find out more!
Two-thirds of Democrats think tax cuts for the wealthiest should expire, in addition to most independents (55%). The majority of Republicans (57%) think it’s a bad idea.
The Bush-era tax cuts will expire by the end of 2010, and Obama wants to extend them for everyone except those who earn more than $200,000 or households that make more than $250,000.
Most Democrats want the tax cuts to be extended for the middle class, but not the wealthiest Americans. Republicans and some moderate Democrats want an extension for all off the tax cuts.
"These are the same families who will suffer the most when their taxes go up next year," Obama said of middle-income Americans on Wednesday. "We don't have time for any more games."
In contrast, an Associated Press-GfK poll shows that 54% of Americans support raising taxes on the highest earners, with 44% against it.
Either way, the polls indicate Americans are divided over taxes with less than 50 days from midterm elections, where Republicans hope to gain the majority of seats in Congress.
The AP poll also showed that Americans want Republicans steering the economy by a 46% to 41% margin.
And according to the results, even among Americans earning under $50,000 a year (who tend to vote Democratic), 43% want to continue the tax cuts for everyone.
"You shouldn't be penalized for making a good living," said 55-year-old Charles Ricotta, a Democrat from Dunkirk, N.Y. "If you feel the government is cutting your throat, you might feel hesitant about hiring people."
US News
No comments:
Post a Comment