WE THE PEOPLE are against tax cuts for the rich

[Phokus]

Not only that but even those who support tax cuts for the rich, a majority of those think it should only be TEMPORARY.

http://www.bloomberg.com/news/print...ighest-income-tax-cuts-unpopular-in-poll.html

Americans don’t approve of keeping the breaks for upper-income taxpayers that are part of the deal President Barack Obama brokered with congressional Republicans, a Bloomberg National Poll shows.

The survey, conducted before, during and after the tax negotiations, shows that only a third of Americans support keeping the lower rates for the highest earners. Even among backers of the cuts for the wealthy, fewer than half say they should be made permanent.

Another third say they want only the tax cuts for the middle class to be extended, while more than a fourth say all the tax cuts should be allowed to expire Dec. 31, as scheduled.

The American public is to the left of Obama on this one.

 

[halik]

Not really surprising, since the majority lies under the 200K limit

 

[DesiPower]

nm...

 

[Siddhartha]

Not only that but even those who support tax cuts for the rich, a majority of those think it should only be TEMPORARY.

http://www.bloomberg.com/news/print...ighest-income-tax-cuts-unpopular-in-poll.html



The American public is to the left of Obama on this one.

If they voted GOP in the last Federal election cycle they voted for maintaining the Bush tax cuts.

 

[MovingTarget]

I say let 'em all expire. Tax cuts for the highest earners are opposed by many people as they are beginning to see that supply-side (i.e. voodoo) economics doesn't work. The median wage in the US is something like $35k/yr, iirc. Those who think that the high earners will be really hurt by expiring these fiscally irresponsible cuts have some pretty heavily tinted rose glasses on.

 

[piasabird]

I am against an extension of the temporary tax cuts. Either make all the tax cuts expire or make them all permanent. What people really need is to know what their tax rate will be next year and to know that some temporary tax relief will not be held over their head every time they are exteneded.

 

[MovingTarget]

If they voted GOP in the last Federal election cycle they voted for maintaining the Bush tax cuts.

Not necessarily. When you vote for a particular party's candidate, that does not mean you accept their entire platform. Many vote for the GOP based on its social platform only.

 

[Siddhartha]

Not necessarily. When you vote for a particular party's candidate, that does not mean you accept their entire platform. Many vote for the GOP based on its social platform only.

You would have to be living in an amazing world of denial to be surprised that the party who originally institued the Bush Tax cuts and Trickle Down tax policies would want to keep the tax cuts for the rich in place.

 

[Fear No Evil]

Until we can show that we can control spending I am 100% again any tax increases on anyone for ANY reason. Any additional nickel we give the Federal Government will be wasted.

 

[Sinsear]

I love class warfare (jealousy).

 

[Phokus]

I love class warfare (jealousy).

It's class warfare alright, but the rich are winning. Not only are they actively and successfully destroying the middle class with layoffs/outsourcing, but they're paying less and less taxes thanks to they clout they have in washington.

 

[MovingTarget]

You would have to be living in an amazing world of denial to be surprised that the party who originally institued the Bush Tax cuts and Trickle Down tax policies would want to keep the tax cuts for the rich in place.

...or simply not care in relation to other issues. Having lived in the bible belt for the entirety of my life, there are a lot of people who refuse to vote anything other than GOP because of issues like abortion, homosexuality, gun control, etc. You could just say "lower taxes" and people jump on it like white on rice without understanding anything in the macroeconomic sense beyond those two words.

Am I surprised the Repubs are still running on voodoo economics? Hell no. But that doesn't mean that others aren't still running around with blinders on when it comes to certain party planks.

 

[zsdersw]

Until we can show that we can control spending

Good luck.

 

[Anarchist420]

I don't really see any point in raising taxes because it won't bring in any more revenue. Spending needs to be slashed and interest rates need to be raised.

 

[MovingTarget]

I don't really see any point in raising taxes because it won't bring in any more revenue.

Wait, what? Is this some sort of inverse Reaganomics argument? Can you explain this position? I would think that higher taxes means increased government revenue. :confused;

 

[IndyColtsFan]

Until we can show that we can control spending I am 100% again any tax increases on anyone for ANY reason. Any additional nickel we give the Federal Government will be wasted.

While I think we need to let ALL of the Bush tax cuts expire at some point, I agree with the above sentiment 100%. Let's start by cutting military spending drastically, cutting foreign aid (yes, I know it "isn't much," but the principle of it bothers me), etc.

I don't care which party you belong to, this mess is of our own making because we did not hold our politicians accountable.

 

[jhbball]

I love class warfare (jealousy).

No one is jealous if YOU rofl.

 

[bignateyk]

As a middle class low six-figure earner, I would rather all the of cuts expire than give the rich more tax cuts. A tax cut for everyone might as well be a tax raise for everyone. It doesn't make a difference at all. Inflation will take care of the rest.

 

[xj0hnx]

I don't care which party you belong to, this mess is of our own making because we did not hold our politicians accountable.

And we never will. As a people we are too lazy, complacent, and divided by partisan bullshit to ever effectively send a message to Washington. Arguing over pathetic BS like whaaa tax cuts for the rich, whaaa earmarks, is asinine, and neither amounts to shit compared to the scope of spending and debt.

 

[Genx87]

Sounds good, in 2012 "WE THE PEOPLE" can elect people who will carry out our wishes.

 

[HeXen]

As a middle class low six-figure earner, I would rather all the of cuts expire than give the rich more tax cuts. A tax cut for everyone might as well be a tax raise for everyone. It doesn't make a difference at all. Inflation will take care of the rest.

as a 5 figure earner, a tax increase for me would be devastating but i'm sure if i was rich i could get by just fine, even if it did prevent me from buying that Ivory Back Scratcher from Zaire, Africa i always wanted. So i say tax cut the poor and increase the rich, i don't care what it does to inflation cause i can opt out of buying something i can't afford or work around it just like i always have.

 

[Patranus]

Until we can show that we can control spending I am 100% again any tax increases on anyone for ANY reason. Any additional nickel we give the Federal Government will be wasted.

Exactly.

That is what I find funny about "progressives".
You have people like Buffett donating his entire fortune to Gates while saying there needs to be more taxes. When people like him are asked why they don't give their money to the government when they die or pay more taxes than they owe the response is that they don't trust the government to spend the money wisely.

 

[CPA]

I say let 'em all expire. Tax cuts for the highest earners are opposed by many people as they are beginning to see that supply-side (i.e. voodoo) economics doesn't work. The median wage in the US is something like $35k/yr, iirc. Those who think that the high earners will be really hurt by expiring these fiscally irresponsible cuts have some pretty heavily tinted rose glasses on.

That's hardly the reason. The reason is they are continuously bombarded by the class warfare that's perpetuated by the media and the libs.

 

[CPA]

as a 5 figure earner, a tax increase for me would be devastating but i'm sure if i was rich i could get by just fine, even if it did prevent me from buying that Ivory Back Scratcher from Zaire, Africa i always wanted. So i say tax cut the poor and increase the rich, i don't care what it does to inflation cause i can opt out of buying something i can't afford or work around it just like i always have.

see my point above. You have obviously been brainwashed.

 

[CADsortaGUY]

lol, what the OP really means but didn't want to admit with his title is that people want to increase taxes on the rich while not paying more in taxes themselves. Go figure - many have bought into the class warfare BS the liberals have been using for decades.