Most Americans Say Tax Rich to Balance Budget: Poll

Published on
by
Reuters

Most Americans Say Tax Rich to Balance Budget: Poll

81% Say Tax Rich or Cut Military; 3% Say Cut Social Security

by

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. (photo by Flickr user Lisa Norwood)

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.

President Barack Obama last month signed into law a two-year extension of Bush-era tax cuts for millions of Americans, including the wealthiest, in a compromise with Republicans.

Republicans, who this week take control of the House of Representatives, want to extend all Bush-era tax cuts "permanently" for the middle class and wealthier Americans. They are also demanding spending cuts to curb the $1.3 trillion deficit.

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.

Asked which part of the world they would fix first, the largest proportion of respondents -- 36 percent -- chose Washington, compared with 23 percent who picked the Middle East and 14 percent who chose Haiti.

The poll included a random sample of 1,067 adults across the United States from November 29 to December 2. The margin of error may be plus or minus 3 percentage points, 60 Minutes/Vanity Fair said.

(Reporting by Kristina Cooke; Editing by Daniel Trotta and Peter Cooney)

THE LAST FIREWALL AGAINST THE LIES

Independent media has become the last firewall against government and corporate lies.   Yet, with frightening regularity, independent media sources are losing funding, closing down or being blacked out by Google and Facebook.  Never before has independent media been more endangered.  If you believe in Common Dreams, if you believe in people-powered independent media, please support our critical Winter campaign now and help us fight—with truths—against the lies that would smother our democracy. Please help keep Common Dreams alive and growing.

Support Common DreamsSupport Common Dreams

Share This Article

More in: