Oct 26, 2018
As President Donald Trump and Republican leaders make clear that they intend to enact deep cuts to Medicare, Medicaid, and Social Security after next month's midterms in a supposed effort to rein in the soaring deficit--which has ballooned largely due to Trump's $1.5 trillion tax law--a survey published on Friday found that nearly two-thirds of Americans would prefer repealing the Republican tax cuts over slashing the safety net.
Conducted by NPR, PBS NewsHour, and Marist, the poll found that 60 percent of Americans would rather eliminate Trump's tax cuts than gut safety net programs to reduce the federal budget deficit. Just 21 percent of Americans said they would rather slash the safety net than repeal Trump's tax cuts, which have overwhelmingly benefited the rich and corporations.
The new survey comes just over a week after Senate Majority Leader Mitch McConnell (R-Ky.) blamed the nation's rising budget deficit on Medicare, Medicaid, and Social Security and declared that these programs must be cut to bring federal spending under control. Trump echoed McConnell just 24 hours later, promising "a lot" of spending cuts after the midterm elections.
\u201cWorking families shouldn't have to pay for the #GOPTaxScam's bill. The rich and big corporations must pay their fair share of taxes!\u201d— Americans For Tax Fairness (@Americans For Tax Fairness) 1540578361
As Common Dreams has reported, the GOP cuts have steadily declined in popularity since Trump signed them into law last December, and most Americans say they have seen little to no benefit from the Republican law.
Meanwhile, the rich and massive corporations have seen an enormous windfall from the Republican tax cuts, which sparked an unprecedented spree of stock buybacks and record profits for Wall Street banks and major companies.
These disproportionate rewards for the rich likely explain why Republican candidates have "barely" been mentioning the tax law with just 10 days left before the Nov. 6 midterms.
"When you vote for bunk economics," concluded Patriotic Millionaires, "don't expect it to be an electoral boon."
Join Us: News for people demanding a better world
Common Dreams is powered by optimists who believe in the power of informed and engaged citizens to ignite and enact change to make the world a better place. We're hundreds of thousands strong, but every single supporter makes the difference. Your contribution supports this bold media model—free, independent, and dedicated to reporting the facts every day. Stand with us in the fight for economic equality, social justice, human rights, and a more sustainable future. As a people-powered nonprofit news outlet, we cover the issues the corporate media never will. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
austeritycorporate powerinequalitymedicaidmedicarepatriotic millionairespbsrepublican partysocial securitytaxationtrumpism
As President Donald Trump and Republican leaders make clear that they intend to enact deep cuts to Medicare, Medicaid, and Social Security after next month's midterms in a supposed effort to rein in the soaring deficit--which has ballooned largely due to Trump's $1.5 trillion tax law--a survey published on Friday found that nearly two-thirds of Americans would prefer repealing the Republican tax cuts over slashing the safety net.
Conducted by NPR, PBS NewsHour, and Marist, the poll found that 60 percent of Americans would rather eliminate Trump's tax cuts than gut safety net programs to reduce the federal budget deficit. Just 21 percent of Americans said they would rather slash the safety net than repeal Trump's tax cuts, which have overwhelmingly benefited the rich and corporations.
The new survey comes just over a week after Senate Majority Leader Mitch McConnell (R-Ky.) blamed the nation's rising budget deficit on Medicare, Medicaid, and Social Security and declared that these programs must be cut to bring federal spending under control. Trump echoed McConnell just 24 hours later, promising "a lot" of spending cuts after the midterm elections.
\u201cWorking families shouldn't have to pay for the #GOPTaxScam's bill. The rich and big corporations must pay their fair share of taxes!\u201d— Americans For Tax Fairness (@Americans For Tax Fairness) 1540578361
As Common Dreams has reported, the GOP cuts have steadily declined in popularity since Trump signed them into law last December, and most Americans say they have seen little to no benefit from the Republican law.
Meanwhile, the rich and massive corporations have seen an enormous windfall from the Republican tax cuts, which sparked an unprecedented spree of stock buybacks and record profits for Wall Street banks and major companies.
These disproportionate rewards for the rich likely explain why Republican candidates have "barely" been mentioning the tax law with just 10 days left before the Nov. 6 midterms.
"When you vote for bunk economics," concluded Patriotic Millionaires, "don't expect it to be an electoral boon."
As President Donald Trump and Republican leaders make clear that they intend to enact deep cuts to Medicare, Medicaid, and Social Security after next month's midterms in a supposed effort to rein in the soaring deficit--which has ballooned largely due to Trump's $1.5 trillion tax law--a survey published on Friday found that nearly two-thirds of Americans would prefer repealing the Republican tax cuts over slashing the safety net.
Conducted by NPR, PBS NewsHour, and Marist, the poll found that 60 percent of Americans would rather eliminate Trump's tax cuts than gut safety net programs to reduce the federal budget deficit. Just 21 percent of Americans said they would rather slash the safety net than repeal Trump's tax cuts, which have overwhelmingly benefited the rich and corporations.
The new survey comes just over a week after Senate Majority Leader Mitch McConnell (R-Ky.) blamed the nation's rising budget deficit on Medicare, Medicaid, and Social Security and declared that these programs must be cut to bring federal spending under control. Trump echoed McConnell just 24 hours later, promising "a lot" of spending cuts after the midterm elections.
\u201cWorking families shouldn't have to pay for the #GOPTaxScam's bill. The rich and big corporations must pay their fair share of taxes!\u201d— Americans For Tax Fairness (@Americans For Tax Fairness) 1540578361
As Common Dreams has reported, the GOP cuts have steadily declined in popularity since Trump signed them into law last December, and most Americans say they have seen little to no benefit from the Republican law.
Meanwhile, the rich and massive corporations have seen an enormous windfall from the Republican tax cuts, which sparked an unprecedented spree of stock buybacks and record profits for Wall Street banks and major companies.
These disproportionate rewards for the rich likely explain why Republican candidates have "barely" been mentioning the tax law with just 10 days left before the Nov. 6 midterms.
"When you vote for bunk economics," concluded Patriotic Millionaires, "don't expect it to be an electoral boon."
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.