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The Spectacle Blog
Fifty-five percent of Americans say that raising taxes on any Americans would slow the economy, compared to just 40 percent who believe that taxes should be allowed to rise for those earning over $250,000, according to a new CNBC poll.
The poll also found that 90 percent of Americans are concerned about the economy. In particularly bad news for Democrats, asked what would be the most important signal that the economy is “getting back on track,” 65 percent answered not until “there is more hiring and unemployment goes down.” With unemployment expected to remain high, public perception of the economy is unlikely to improve anytime soon.
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More Blog Posts by Philip Klein
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Pete| 9.20.10 @ 3:55PM
The current rate should be the baseline (if not lower). Using the term "tax cut" makes it seem like the government is some all powerful benevolent entity that by its own grace released us from an otherwise inevitable burden. Horse Feces. We should always discuss taxes in terms of raising and lowering rates and there should be one hell of a reason and debate before EVER raising rates.