48% Think New Tax Money Will Go to New Programs, Not Deficit Reduction
Monday, November 26, 2012
Voters are a little less suspicious of how new tax revenues may be used.
The latest Rasmussen Reports national telephone survey finds that a
plurality (48%) of Likely U.S. Voters continues to believe that if
Congress and the president raise taxes to reduce the federal deficit,
they are likely to use the money for new government programs instead.
Thirty-eight percent (38%) disagree and believe new tax money raised to
reduce the deficit will be used for that purpose. Fourteen percent (14%)
are not sure.I hold little hope for the people in this country. Naive to the extreme.
National Survey of 1,000 Likely Voters
Conducted November 25, 2012
Conducted November 25, 2012
1* If
Congress and the president raise taxes to reduce the federal deficit, are they
likely to use the new tax money for deficit reduction or would they spend it on
new government programs?
2* Do
you have a very favorable, somewhat favorable, somewhat unfavorable, or very
unfavorable impression of the federal government?
3* Do
you have a very favorable, somewhat favorable, somewhat unfavorable, or very
unfavorable impression of capitalism?
4* Do
you have a very favorable, somewhat favorable, somewhat unfavorable, or very
unfavorable impression of socialism?
The only DEAL to avoid the fiscal cliff will be a three month extension to continue negotiating. Odds are good that Obummer allows the expiration of the Bush tax cuts.
ReplyDeleteAnd why would the outgoing congress do anything but an extension? To date they have kicked the can down the road for the last 4 year, still waiting for the budget.
ReplyDeleteNot that it would make a difference.
We done gots Obama phones, now we gots to get some ObamaWheels
ReplyDeleteWhy would anyone put together that survey? Why didn't they add such useful questions as. "Do you have a negative view towards the fact there is low gravity on the moon?" If Obama lets the Bush tax cuts expire, why is he a bad guy for letting something expire that was already supposed to expire? I don't get that.
ReplyDeleteIs it the fact that it should expire or only a small part of it should expire?
ReplyDeleteWell here's something crazy to consider. I don't think anyone can argue that particularly since 2000, only a very small section of America has done very well. In that time, the working class has lost wages, benefits, and spending power. Now, the argument is that they need to "share the pain" of the wealthy by having their taxes increased.
DeleteMeh, what's the point. Let's not ever consider reality when their is ideological purity to support.
Let taxes go up for everyone. After all, the libs said that the Bush tax cuts were a horrible idea, but now if they go back up to the Clinton era rates, it is all of a sudden "the fiscal cliff". BTW, the rich will be paying even more than in Clinton's tenure because of the Obamacare tax hits.
DeleteOn paper Gotta, what you are saying makes sense. To be a wage earner in the last 20 years is to have been punished solely to benefit the wealthy. If the wealthy want the poor to pay more taxes, why don't they pay them better wages?
DeleteHistorically Gotta, we have reached a surreal point. We have had enormous years of growth while taxes on the rich were 70-90%. The simple observation here is not the correct answer. You can't tax your way into prosperity. However, what you can do is punish excess reward of a select few. When those taxes were 70%, the rest of us got roads, hospitals, schools, etc. It was not all food stamps.
I've said countless times, the middle class has a lot of blame to accept for their downfall for living beyond their means and borrowing money so they could live like the rich and famous. That said, the reality is that we are now in a hole. The working class will not get wage raises for a long time to come, they will continue to lose benefits and they will continue to lose spending power through inflation. What possible gain will we get from raising their taxes? None, except we will still be rigidly clinging to the stupid postulate that taxes are all evil all the time and that the rich should pay as little a percentage as possible while reaping as much reward as possible.