Thats what i have argued for a long time.
Poll: Taxing the rich favored over Medicare cuts
President Obama's approach won out over Paul Ryan's in a new survey. | AP Photos Close
By JENNIFER EPSTEIN | 4/20/11 6:10 AM EDT
Most Americans oppose the big spending cuts that many in Washington see as necessary to bring down the budget deficit, a new poll suggests, but they do support one idea for deficit reduction that President Barack Obama has pushed for years raising taxes on the rich.
Only small slivers of the group of Americans surveyed for a Washington Post/ABC News poll released Wednesday said they support cuts to Medicare and Medicaid 21 percent and 30 percent, respectively and cuts to defense spending get the support of 42 percent of those surveyed. Seventy-eight percent of Americans are opposed to Medicare cuts, while 69 percent are opposed to Medicaid cuts.
The potential solution to the debt crisis that gets the strongest support is raising taxes on Americans who make $250,000 or more annually, an idea that Obama campaigned on in 2008, backed away from last year to make a legislative deal with Republicans, but has returned to as hes begun discussing his vision for long-term fiscal responsibility. Of those surveyed, 72 percent said they support tax increases on people with incomes of more than $250,000, including 54 percent who strongly support them. Twenty-seven percent are opposed, including 17 percent strongly.
Another potential remedy to the debt crisis gets less support 45 percent of those surveyed said they support raising taxes on all Americans by a small percentage while making small cuts to Medicare and Social Security. Fifty-three percent of Americans are opposed to such a plan, including 40 percent who say they are strongly opposed.
Read more: http://www.politico.com/news/stories...#ixzz1K41TthsP