People still want to tax the rich
A new poll shows 60% support for new taxes on the wealthy as an option to reduce the federal deficit.
The survey, by ABC News and The Washington Post, showed that six out of every 10 Americans approve of a tax hike for people making more than $250,000 a year. That is exactly in line with what voters in this month's presidential elections said in exit polls, according to the Post.
Not surprisingly, Democrats were most in favor of new taxes on the wealthy, with 73% supporting such a move. About 63% of independent voters were in support, but 59% of Republicans opposed taxing the rich.
Among those making more than $100,000 a year, 57% support new taxes while 42% are opposed, Politico notes.
In fact, when it came to different ways to cut the federal deficit, taxing the wealthy was the most popular option. Capping deductions on federal income taxes won far less support, even though this move would mostly impact the rich as well. Only 44% of those surveyed favored caps on deductions.
And forget about raising the age for Medicare to 67 from 65. That received only 30% support.
The poll, and others like it, may give a boost to President Obama as the White House and Republicans negotiate a way out of the so-called "fiscal cliff" that threatens to kick in next year as the Bush tax cuts expire.
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Of course most americans want the rich to pay more. That's because they aren't rich... What a dumb poll...
Do most americans think the rich should pay higher SS? Yes
Do most americans think the rich should not get SS? Yes
Medicare taxes? Yes and Yes
Higher Income taxes? Yes
Should the rich pay a special "rich person only" tax? Yes
There are even a lot of americans that waht the rich to pay a tax on their net worth...
Americans in general are greedy and only think of themselves. If the rich pay more then they pay less...it's simple. There's no reason to do a poll...
I wouldn't buy a GM or Chrysler car if you paid me! I'm an aircraft mechanic by trade, and currently drive VWs, Subaru's, Mazda, and a Ford Ranger. ALL are far superior to anything GM makes, and for good reason!
GM, or should I say, "YOUR TAX DOLLARS" supports corrupt union pension plans. While you're stuck with a lousy 401k (maybe), and Obamacare, GM retirees get a golden handshake after 25 years (regardless of age); and 75% of their pre-retirement pay PLUS a great HC benefit! All they had to do was vote for Obama!
While now I'm voting,,,,,,with my wallet!! I will NEVER buy a GM product EVER!!
When Obama desolved this republic by executive order; when he initiated the Dream Act by Executive Fiat, I was done with this - entirely!
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[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
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