Thursday, December 10, 2009

Poll: Let The Wealthy Pay Higher Taxes

A new Bloomberg poll shows Americans want the government to do something about the economy.
Americans want their government to create jobs through spending on public works, investments in alternative energy or skills training for the jobless.

They also want the deficit to come down. And most are ready to hand the bill to the wealthy.

A Bloomberg National Poll conducted Dec. 3-7 shows two- thirds of Americans favor taxing the rich to reduce the deficit.
Raising taxes on the rich was popular across party lines too: About half of Republicans back the idea and it is more popular among Democrats and Independents.

Steve Benen summarized the polls results best:
In other words, here's a poll showing widespread support for the Democratic economic agenda.
That's because mainstream America is rational, unlike those teabagger Republicans whose only answer for every problem is cut taxes, cut taxes...

(Cross-posted at Blogging for MI.)

1 comment:

The Arthurian said...


How much is too much? It's not my question, but people sometimes ask. So, pick a number. Ten million dollars maybe? Whatever. This number is the maximum allowable annual income. Above that number set the tax rate at 100%. Not 90%, not 99%. One hundred percent.

If there is no upper limit on how much a person can make, then there is no lower limit to the value of the dollar. If you want to protect the dollar, then you have to have some limit on income.

People will say it is wrong. But the people who make a lot of money might actually make more than they make now, because now the money just inflates away.

Hey, I like the 'stone soup' thing.