19 Different Polls Show That Americans Support Tax Increases To Cut Deficit

[appleannie1]

Despite what the GOP keeps telling us, Bruce Bartlett has compiled a list of 19 different polls taken since January that demonstrate that Americans support increasing taxes in order to reduce the deficit and inequality. Americans may not love tax increases, but they understand their necessity for deficit reduction.

In the June 9 ABC News poll 61% of Americans believe higher taxes will be necessary to reduce the deficit, and 57% of those polled said that deficit reduction should include both tax increases and spending cuts.

A Pew poll found that more people blame the nation’s involvement in wars than tax cuts or spending for the deficit. The poll also found wide support for increasing taxes, as 67% said the more high earners income should be subject to being taxed for Social Security, and 66% support raising taxes on incomes over $250,000, and 62% support closing corporate tax loopholes.

A Bloomberg poll taken in May found that only 33% of those surveyed thought that it would be possible to lower the deficit without raising taxes, 64% expressed the belief that it isn’t possible to lower the deficit without raising taxes.

An April CBS News/NY Times poll showed that 72% of people favored raising taxes on the wealthy in order to reduce the deficit. A March NBC News/Wall Street Journal poll found that 81% of those surveyed would support a tax on millionaires that would be used for deficit reduction, and 68% supported eliminating the Bush tax cuts on those who make over $250,000.

 

[VaderNinurta]

This isn't meant to offend anybody, but the average citizen doesn't know anything about Macroeconomics.

The ones who think their experts because they watch cable news and read articles online are almost more ignorant than those who choose not to pay attention at all. (Disinformation vs. No Information)

The wealthiest 1% of Americans pay over 37% of the income tax; The bottom 50%, those who make below the median income level, only pay 3% of the total taxes. (ww.american. com/archive/2007)

The bottom line is that the average person really doesn’t know what’s best for him, and the only reason the people who run those polls want to know what we think at all is so they can take advantage of us. The more docile the flock, the better.

The only thing that is going to fix our fiscal problems is a new structure of monetary exchange. The dollar will be dead soon enough, and the Amero of the Union of North America will be there to take its place.

We will soon be ditching our currency and all the debt attached to it. Unfortunately (and the people in power have known this for a very long time) it’s the only way to fix things.

 

[editec]

WE will be ditching out debts, will we?

I rather doubt that WE will do that.

The debts YOU owe YOU will continue to owe even IF the dollar goes down.

You can take that bit of futuristic prgnostication to the bank, amigo.

 

[DaGoose]

Despite what the GOP keeps telling us, Bruce Bartlett has compiled a list of 19 different polls taken since January that demonstrate that Americans support increasing taxes in order to reduce the deficit and inequality. Americans may not love tax increases, but they understand their necessity for deficit reduction.

In the June 9 ABC News poll 61% of Americans believe higher taxes will be necessary to reduce the deficit, and 57% of those polled said that deficit reduction should include both tax increases and spending cuts.

A Pew poll found that more people blame the nation’s involvement in wars than tax cuts or spending for the deficit. The poll also found wide support for increasing taxes, as 67% said the more high earners income should be subject to being taxed for Social Security, and 66% support raising taxes on incomes over $250,000, and 62% support closing corporate tax loopholes.

A Bloomberg poll taken in May found that only 33% of those surveyed thought that it would be possible to lower the deficit without raising taxes, 64% expressed the belief that it isn’t possible to lower the deficit without raising taxes.

An April CBS News/NY Times poll showed that 72% of people favored raising taxes on the wealthy in order to reduce the deficit. A March NBC News/Wall Street Journal poll found that 81% of those surveyed would support a tax on millionaires that would be used for deficit reduction, and 68% supported eliminating the Bush tax cuts on those who make over $250,000.

It just goes to show that the average voter knows more about reducing the deficit than the GOP. Anyone who thinks we can simply cut our way out of the deficit must be living on the moon.

.

 

[Mr. Shaman]

This isn't meant to offend anybody, but the average citizen doesn't know anything about Macroeconomics.

The only thing that is going to fix our fiscal problems is a new structure of monetary exchange. The dollar will be dead soon enough, and the Amero of the Union of North America will be there to take its place.

We will soon be ditching our currency and all the debt attached to it. Unfortunately (and the people in power have known this for a very long time) it’s the only way to fix things.

It's sounding a little-more like all o' this should have been named Schizonomics.


​

 

[HereWeGoAgain]

Let me guess.....they only polled people in the ghetto.

 

[Missourian]

We need to cut spending first, then...after we've cut all that can be cut...we can talk about raising taxes.

 

[teapartysamurai]

And yet when it comes time to VOTE, not participiate in skewed polls, voters choose the guy promising LOWER TAXES.

Thread fail!

 

[martybegan]

The question is how many people in the poll support raising taxes on ONLY someone else?

 

[Wacky Quacky]

The question is how many people in the poll support raising taxes on ONLY someone else?

Yup. And the fact that the op also added in "reducing inequality" as part of the reason means that the poll asked middle class people about raising taxes on the rich, and not just raising taxes in general, hence the outcome.

I have no problem raising the individual tax rate for the rich, but only after we've cut all we can.

 

[whitehall]

Is that news? Everybody supports taxes on the other guy if you tell them a fairy tale. Look at the history of Social Security. Politicians stole the money as soon as it arrived in Washington. LBJ made it official that FICA taxes would be the property of the federal government rather than placed in a fund dedicated to social welfare of the elderly. Giving more money to Washington is like giving a stolen ATM card to a community activist. The account will be drained before you can dial 911. The federal government has to show it's willingness to cut the deficit by cutting spending and so far democrats aren't willing.

 

[Missourian]

Is that news? Everybody supports taxes on the other guy if you tell them a fairy tale. Look at the history of Social Security. Politicians stole the money as soon as it arrived in Washington. LBJ made it official that FICA taxes would be the property of the federal government rather than placed in a fund dedicated to social welfare of the elderly. Giving more money to Washington is like giving a stolen ATM card to a community activist. The account will be drained before you can dial 911. The federal government has to show it's willingness to cut the deficit by cutting spending and so far democrats aren't willing.

Democrats will NEVER be willing.

In the Liberal view, we must raise taxes so we can forestall cutting spending.

"If only we can manage to raise taxes, we can kick the can down the road another two years."

NO!

No tax increases until we cut spending.

 

[appleannie1]

Middle-class households that earned between $34,300 and $141,900 paid 50.5 percent of all federal tax revenues in 2007 (the most recent year analyzed), according to the CBO study released Thursday, and households that earned between $34,300 and $352,900 paid 66.7 percent of all federal taxes.

Households in the top 1 percent for annual income (those earning more than $352,900) paid a healthy 28.1 percent of all federal taxes, but households in the lower income brackets paid relatively little. Those earning less than $34,300 paid only 5.2 percent of all federal taxes, and those earning less than $20,500 carried almost none of the federal tax burden (just 0.8 percent of the total) in 2007.

 

[ct.griffin]

Well taxing the other guy who benefits off my everyday purchases isn't bad. The money has to go in a cycle and not just stop at the top.

 

[Kuros]

The ones who think their experts because they watch cable news and read articles online are almost more ignorant than those who choose not to pay attention at all. (Disinformation vs. No Information)

The wealthiest 1% of Americans pay over 37% of the income tax; The bottom 50%, those who make below the median income level, only pay 3% of the total taxes. (ww.american. com/archive/2007)

I think its ironic that you moan about disinformation and then give us a figure that excludes payroll taxes.

CBO data says the middle-class pays the majority of federal taxes

 

[VaderNinurta]

The following is from federalbudget.com --

“--- "Deficit" vs. "Debt"---
Suppose you spend more money this month than your income. This situation is called a "budget deficit". So you borrow (ie; use your credit card). The amount you borrowed (and now owe) is called your debt. You have to pay interest on your debt. If next month you spend more than your income, another deficit, you must borrow some more, and you'll still have to pay the interest on your debt (now larger). If you have a deficit every month, you keep borrowing and your debt grows. Soon the interest payment on your loan is bigger than any other item in your budget. Eventually, all you can do is pay the interest payment, and you don't have any money left over for anything else. This situation is known as bankruptcy.”

“If the DEFICIT is any amount more than ZERO, we have to borrow more and the DEBT grows. "Reducing the deficit" is a meaningless soundbite.”

Our debt is over $14 trillion dollars, and we only have around $9 trillion in circulation. We will never catch up or pay it down at all. The only real option we have is to start over.

 

[hjmick]

Nobody asked me...

 

[BOBO]

...by eliminating the fed reserve??? That would stop debt spending cold turkey. The tax increases would no longer be important with a precious metal backed currency as government(overhead) would shrink to absolute bare bone necessities.

Despite what the GOP keeps telling us, Bruce Bartlett has compiled a list of 19 different polls taken since January that demonstrate that Americans support increasing taxes in order to reduce the deficit and inequality. Americans may not love tax increases, but they understand their necessity for deficit reduction.

In the June 9 ABC News poll 61% of Americans believe higher taxes will be necessary to reduce the deficit, and 57% of those polled said that deficit reduction should include both tax increases and spending cuts.

A Pew poll found that more people blame the nation’s involvement in wars than tax cuts or spending for the deficit. The poll also found wide support for increasing taxes, as 67% said the more high earners income should be subject to being taxed for Social Security, and 66% support raising taxes on incomes over $250,000, and 62% support closing corporate tax loopholes.

A Bloomberg poll taken in May found that only 33% of those surveyed thought that it would be possible to lower the deficit without raising taxes, 64% expressed the belief that it isn’t possible to lower the deficit without raising taxes.

An April CBS News/NY Times poll showed that 72% of people favored raising taxes on the wealthy in order to reduce the deficit. A March NBC News/Wall Street Journal poll found that 81% of those surveyed would support a tax on millionaires that would be used for deficit reduction, and 68% supported eliminating the Bush tax cuts on those who make over $250,000.

 

[skookerasbil]

Evidently........Bill Clinton isnt one of them

Came out today and stated he believes corporate taxes should be reduced!!!

Bill Clinton calls for corporate tax cut - Mike Allen - POLITICO.com

Who cant love when the k00k left get desperate and start the full court class warfare press and one of their own comes out and kicks them in the balls.

 

[Trajan]

how many of the exact kind of threads do we need ?