Saturday, February 25, 2012
Washington Post, Poll: Millionaire Tax Popular, but People Prefer Spending Cuts to Tax Hikes to Cut Deficits:
Most people like President Barack Obama’s proposal to make millionaires pay a significant share of their incomes in taxes. Yet they’d still rather cut spending than boost taxes to balance the federal budget, an Associated Press-GfK poll shows, giving Republicans an edge over Democrats in their core ideological dispute over the nation’s fiscal ills. ...
Sixty-five percent of the people in the AP-GfK poll favor Obama’s plan to require people making $1 million or more pay taxes equal to at least 30% of their income. Just 26% opposed Obama’s idea. Yet by 56% to 31%, more embraced cuts in government services than higher taxes as the best medicine for the budget.