The Spectacle Blog

Poll: Majority of Americans Think All Tax Cuts Should Be Extended

By on 9.20.10 | 3:34PM

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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