
Republican tax stand a bust with public
Republican tax stand a bust with public
House Republicans who refuse to consider tax increases as part of a debt ceiling deal are out of step with most Americans, according to two new polls.
That's bad news for Republicans who are betting the farm on resisting Democratic efforts to raise taxes on the rich.
When looking to reduce debt, politicians can employ two tactics. The first is to cut spending. The second is to raise taxes. Most budget experts say you need to do both.
But House Republicans -- an overwhelming majority of whom have signed a pledge to this effect -- refuse to consider any kind of tax increase, not matter who it hits.
Turns out, most Americans don't share their conviction.
A full 67% of Americans favor a deal to raise the debt ceiling that includes taxes on wealthy individuals and corporations, according to a poll released Thursday by Quinnipiac University.
http://ca.finance.yahoo.com/news/Republ ... 42960.htmlRead the full articial plus some of the replies at the bottom..especially the one that says goverment is taking 63% of earned income for taxes anyways