However, Politico, in its reporting of the poll, focused primarily on results favoring tax hikes on high-income earners and large corporations, even though the favorability for these were lower than the measures in favor of spending cuts. While 76 percent favored across-the-board spending cuts and 69 percent opposed raising taxes on small businesses earning more than $250,000 a year, smaller yet significant -- majorities favored tax increases on high-income households and big corporations. The poll showed 60 percent favored hiking taxes on household incomes (not small businesses) of more than $250,000, and 64 percent that favored tax increases on large corporations.
Moreover, among the 76 percent in favor of cutting government, 59 percent said they strongly favored spending cuts across the board, compared to just 41 percent that strongly supported raising taxes on high earners and 19 percent that somewhat supported it. Also, 50 percent strongly opposed hiking taxes on small businesses, while 47 percent strongly supported raising taxes on big corporations. The poll comes at a time when President Barack Obama is facing off against House Republicans on talks to avert the so-called fiscal cliff, which refers to raising tax rates for all income brackets and allowing automatic spending cuts (sequestration) to kick in at the beginning of the new year, unless Congress acts.
The poll asked 1,000 respondents, As you may already know, in December, Congress will consider a number of proposals to reduce the federal budget deficit. Please listen carefully as I read each proposal and tell me if you would favor or oppose that particular proposal. Question 28 listed this proposal: Raising taxes on households that earn more than $250,000. Among the respondents, 41 percent strongly favored tax hikes on high earners, and 19 percent somewhat supported it. Just 25 percent were strongly opposed and 13 percent were somewhat opposed, while 2 percent were undecided.
Question 29 listed this proposal: Raising taxes on small businesses that earn more than $250,000. Only 13 percent strongly supported this plan, while 16 percent somewhat favored it, for a total 29 percent in favor. A full half of respondents, 50 percent, strongly opposed it, while another 19 percent somewhat opposed it, for a total of 69 percent against raising taxes on small businesses that earn more than $250,000 a year. On some other issues, the poll showed that the largest number, 23 percent, considered government spending and the budget deficit as the most important question Congress should focus on, followed by 22 percent on the economy and 14 percent on jobs. Only 2 percent said illegal immigration was the most important question for Congress.
More
Poll: 76% Want Across-the-Board Spending Cuts | CNS News