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Shocking Fox News Poll: Far Greater Support for Wealth Tax Than Border Wall
Money and Markets ^
| 12/16/2019
| JT Crowe
Posted on 12/17/2019 8:03:28 AM PST by SeekAndFind
A rather shocking Fox News poll released Sunday found far greater support for Sen. Elizabeth Warren’s proposed wealth tax than for President Donald Trump’s southern border wall.
The poll notes that 1,000 randomly selected voters were surveyed between Dec. 8-11 and 68% of them supported Warren’s wealth tax, which is the highest for any Democratic proposals, while just 26% said they were against it.
The fact that a strong majority of people would like to see the wealthy taxed more isn’t a big surprise.
The surprising part of the poll was how the general public as a whole feels about Trump’s long-promised border wall, a cornerstone of his 2016 campaign which surely helped play a part in getting him elected.
However, in this particular Fox News poll, only 44% of those surveyed supported a southern border wall while 52% opposed it. The poll reportedly has a margin of error of plus or minus 3%.
This isn’t the first poll to suggest that Warren’s wealth tax enjoys wide support across both the Democrat and Republican parties, even though Republicans are generally opposed to large tax increases, particularly when they’ll fund expanding government and social programs.
The wealth tax is 2% on assets above $50 million, including things like art, yachts and real estate, and 6% on assets above $1 billion each year, which will fund a number of social programs and giveaways Warren has planned if she becomes president after the 2020 election (though, she’s been sliding in the polls).
Critics argue the wealth tax would only work to stifle growth but proponents say it would help reduce rampant income inequality that has become all the rage as far as progressive talking points go.
Sen. Bernie Sanders, I-Vt., also has introduced a wealth tax that goes even further than Warren’s.
Back to the border wall shocker, the only thing less popular than Trump’s chief campaign promise to curb illegal immigration by walling off the border is replacing all private health care in the U.S. with a government-run program called Medicare for All.
Just 41% of respondents favored the program touted most by Sanders and Warren, while 53% said they were opposed to it.
TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: borderwall; fakenews; fakepolls; fauxnews; foxnews; lie; lies; poll; wealthtax; yeahright
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To: SeekAndFind
Polls are never skewed by bad questions, LOL. Another FAUX outlier.
61
posted on
12/17/2019 9:02:48 AM PST
by
Steamburg
(Other people's money is the only language a politician respects; starve the bastards)
To: goodnesswins
...Most people cannot imagine wealth of this level...nor do they understand trickle down taxation. Heck even I dream of smarmy Warren Buffet paying more taxes... Go ahead. Do it.
And then watch industry, jobs, and the strength of our country go overseas.
To: goodnesswins
The idea of progressive taxation policies has been firmly established in the American psyche. Years of rats hounding wealthy people to pay their fair share have convinced the average person that, somehow it isnt fair for other people to have so much, no matter how they came by it.. Whenever fairness raises its ugly head, you know resentment and hostility will soon follow.
No surprise that a majority of people would be glad to see the plutocrats pay up some of their wretched excess.
63
posted on
12/17/2019 9:07:40 AM PST
by
hinckley buzzard
(Power is more often surrendered than seized.)
To: Qiviut
Let’s call it like it is...if the Fox poll was the opposite, we’d be touting it...polls, for the most part, are designed to drive public opinion and should be taken with a grain of salt...in all cases, not just the ones we don’t like.
64
posted on
12/17/2019 9:12:57 AM PST
by
ripnbang
("An armed man is a citizen, an unarmed man, a subject.")
To: ripnbang
And it all depends on WHO is polled and HOW the questions are asked...
65
posted on
12/17/2019 9:13:30 AM PST
by
ripnbang
("An armed man is a citizen, an unarmed man, a subject.")
To: SeekAndFind
Everything is shocking except attempting to unseat a sitting President for doing his job?? now that should SHOCK everyone around the world.
66
posted on
12/17/2019 9:15:52 AM PST
by
Leep
(It's.. (W)all or nothing..!)
To: CurlyDave
I said “dream”. I live in REALVILLE and know the consequences.
67
posted on
12/17/2019 9:16:28 AM PST
by
goodnesswins
(Want to know your family genealogy? Run for political office...")
To: hinckley buzzard
I see this a bit differently. I believe in a flat tax, so I agree with your point about progressive taxation. I am also vehemently opposed to a wealth tax - or any increases in taxes.
That said, I think there are a lot of people out there who resent liberal billionaires supporting higher tax rates (largely higher income tax rates) that would affect all those trying to climb up the ladder a few rungs, but would have negligible effects on these uber wealthy liberals. People like Buffet don't have to show any income in any specific year, so income tax rate hikes are not a concern to them. The threat of a ‘wealth tax’ on their assets makes them vulnerable, for essentially the first time, to the liberal tax policies they have been supporting.
I still don't support a wealth tax, and think it's an unconstitutional slippery slope that will destroy our economy, tank the markets, markedly drop the value of people's 401Ks, and ultimately hurt the middle class the most. I was just conjecturing why there may be some reflexive support for it.
To: ripnbang
Agree with this entirely.
To: SeekAndFind
Half of the Conservatives the pollsters call aren’t picking up the phone. The other half are lying to them.
70
posted on
12/17/2019 9:48:53 AM PST
by
GCC Catholic
(Trump doesn't suffer fools, but fools will suffer Trump. Make America Great Again!)
To: RatRipper
They have already been taxed on the income when making this money. Now they are being taxed just for having money. If you save any money, the government will justify taking it away.
71
posted on
12/17/2019 10:06:42 AM PST
by
political1
(Love your neighbors)
To: SeekAndFind; All
Yawn. Fox has as much credibility as CNN.
72
posted on
12/17/2019 10:31:57 AM PST
by
Cobra64
(Common sense isnÂ’t common anymore.)
To: Lurkinanloomin
Yup. OANN and FR are my primary news sources.
73
posted on
12/17/2019 10:32:59 AM PST
by
Cobra64
(Common sense isnÂ’t common anymore.)
To: SeekAndFind
I don’t trust ANY Fox polls.
74
posted on
12/17/2019 10:45:08 AM PST
by
Gator113
( ~~Trump 2020 and again in 2024. EPSTEIN WAS MURDERED)
To: SeekAndFind
Does Fox have the weirdest poll results or am I Biased?
I just disregard them entirely along with Fox news generally. Except Sean.
Fox Business is the place to be. Except Cavuto.
To: SeekAndFind
"Shocking Fox News Poll: Far Greater Support for Wealth Tax Than Border Wall" Speaks volumes on FAUXNEWs (using Paul Ryan's suggestions) sources to run their polling now.
As another example; "50% Support Trump's Impeachment & Removal"
76
posted on
12/17/2019 11:30:10 AM PST
by
harpu
( "...it's better to be hated for who you are than loved for someone you're not!")
To: SeekAndFind
77
posted on
12/17/2019 11:52:55 AM PST
by
harpu
( "...it's better to be hated for who you are than loved for someone you're not!")
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