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Most Americans say tax rich to balance budget: poll
Reuters ^ | 1/03/11

Posted on 01/03/2011 9:23:22 AM PST by Libloather

Most Americans say tax rich to balance budget: poll
NEW YORK | Mon Jan 3, 2011 11:15am EST

NEW YORK (Reuters) - Most Americans think the United States should raise taxes for the rich to balance the budget, according to a 60 Minutes/Vanity Fair poll released on Monday.

**SNIP**

Sixty-one percent of Americans polled would rather see taxes for the wealthy increased as a first step to tackling the deficit, the poll showed.

The next most popular way -- chosen by 20 percent -- was to cut defense spending.

Four percent would cut the Medicare government health insurance program for the elderly, and 3 percent would cut the Social Security retirement program, the poll showed.

(Excerpt) Read more at reuters.com ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: 2011polls; budget; economy; poll; rich; taxes
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Bush-era tax cuts

Aren't they now the Obama-era tax cuts?

1 posted on 01/03/2011 9:23:27 AM PST by Libloather
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To: Libloather
Sixty-one percent of Americans polled would rather see taxes for the wealthy increased as a first step to tackling the deficit

How about ya QUIT SPENDING, hmmm?

2 posted on 01/03/2011 9:25:26 AM PST by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: Libloather

“Sixty-one percent of Americans polled would rather see taxes for the wealthy increased as a first step to tackling the deficit, the poll showed.”

ah, it seems Reuters has been polling the 1000 people who still watch PMS NBC and think the rich is the other guys


3 posted on 01/03/2011 9:26:08 AM PST by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Libloather

Funny, I thought the poll in November said that exact opposite. And it is the only poll that matters.


4 posted on 01/03/2011 9:27:42 AM PST by CollegeRepublican
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To: Libloather

Now go poll the people who actually pay taxes and see what results you get.


5 posted on 01/03/2011 9:28:09 AM PST by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Libloather

Ferget it—cutting spending is NEVER an option for liberals.


6 posted on 01/03/2011 9:29:15 AM PST by OCCASparky (Obama--Playing a West Wing fantasy in a '24' world.)
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To: Libloather

Tax the rich and cut defense speninding sounds like they only polled liberals.

I say we strip every penny away from people like George Soros since he feels such a need to interfere.


7 posted on 01/03/2011 9:29:34 AM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: andy58-in-nh
Problem is, andy, is that most of the people who were asked have no idea how much "the rich" actually contribute already, and if everyone making over $200K gave every single dime they made to the government, it still wouldn't come anywhere close to closing the budget gap.

But hey, don't let facts get in the MSM/liberal's way of a good little class warfare rhetoric, right?
8 posted on 01/03/2011 9:30:59 AM PST by OCCASparky (Obama--Playing a West Wing fantasy in a '24' world.)
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To: andy58-in-nh

There are not enough “rich” taxpayers with enough money to balance the budget....
and if you try to confiscate their profits, their profits will be the first to disappear...followed by them as they move outside the US....
Who IS John Galt?


9 posted on 01/03/2011 9:31:51 AM PST by Optimist
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To: Libloather

Try this poll question:

To cut the deficit reduce welfare, food stamp payments by 50%.

Let’s just start there and force folks back into the workforce and generating payroll taxes.

And I do mean people taking jobs below their “pay grades.” Time to get off your duff and get back to ANY kind of work.


10 posted on 01/03/2011 9:32:36 AM PST by EBH ( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
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To: OCCASparky

Unless it’s republican spending...but of course it’s the other way around when the republicans are in power.

No one is going to cut their own spending...


11 posted on 01/03/2011 9:33:16 AM PST by stuartcr (When politicians politicize issues, aren't they just doing their job?)
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To: Libloather
according to a 60 Minutes/Vanity Fair poll

Oh, yeah... there's a poll we can trust.

12 posted on 01/03/2011 9:34:45 AM PST by grobdriver (Proud Member, Party Of No! No Socialism - No Fascism - Nobama - No Way!)
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To: Libloather
The budget will never be balanced as long as they can spend what they want and tax what they want.


Washington spends more than it takes in through tax revenues, resulting in a projected budget deficit of almost $1.35 trillion in 2010, or 9 percent of GDP, according to the Congressional Budget Office. Couldn't we get rid of the deficit by raising taxes?

A study we conducted at the Tax Policy Center found that Washington would have to raise taxes by almost 40 percent to reduce -- not eliminate, just reduce -- the deficit to 3 percent of our GDP, the 2015 goal the Obama administration set in its 2011 budget. That tax boost would mean the lowest income tax rate would jump from 10 to nearly 14 percent, and the top rate from 35 to 48 percent.

What if we raised taxes only on families with couples making more than $250,000 a year and on individuals making more than $200,000? The top two income tax rates would have to more than double, with the top rate hitting almost 77 percent, to get the deficit down to 3 percent of GDP. Such dramatic tax increases are politically untenable and still wouldn't come close to eliminating the deficit.


Tax Policy Center
13 posted on 01/03/2011 9:35:41 AM PST by smokingfrog (Do all the talking you want, but do what I tell you.)
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To: stuartcr

They better find a way, or else a pox on both their houses.


14 posted on 01/03/2011 9:36:32 AM PST by OCCASparky (Obama--Playing a West Wing fantasy in a '24' world.)
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To: Libloather

...another poo poll


15 posted on 01/03/2011 9:37:02 AM PST by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Libloather

The mentality is outrageous.

No responsibility for the jerks they elected, but lets just confiscate the wealth of others we don’t know as long as our wallets are not involved.

WW2 produced the GREATEST generation, and now we have the most irresponsible generations.


16 posted on 01/03/2011 9:38:17 AM PST by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: Libloather
Four percent would cut the Medicare government health insurance program for the elderly, and 3 percent would cut the Social Security retirement program, the poll showed.

who'd they poll,illegals?

17 posted on 01/03/2011 9:38:48 AM PST by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: OCCASparky
The mainstream media, along with our schools have done a tremendous job keeping a large portion of the American public utterly ignorant of basic economics - and of demonstrable facts.

A great number of people haven't a clue about the size of the federal budget, or the deficit, or who pays taxes - and who does not. The efficacy of "class warfare" has always depended upon ignorance and our cultural and political institutions are still ladling it out in big, steaming bowls.

18 posted on 01/03/2011 9:39:03 AM PST by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Libloather
Most Americans say tax rich to balance budget

Tax the rich 100% if you want - it still won't balance the budget. Only tax cuts, spending cuts and easing suffocating regulations will do that.

Geez - how stupid can people be anyway?


19 posted on 01/03/2011 9:39:48 AM PST by reagan_fanatic (Tralala boom-dee-aye!)
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To: Libloather

Where did foreign aid of all kinds come in? It is difficult to believe that USA must remain a benfactor for so many foreign projects when the contributing people for such aid are screaming for their own relief.


20 posted on 01/03/2011 9:39:52 AM PST by noinfringers2
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