Pew Research Center conducted a national survey this month and discovered that the public overwhelmingly supports raising taxes in order to help our economy and make the tax system more fair.
Check it out:
By two-to-one (44% to 22%), the public says that raising taxes on incomes above $250,000 would help the economy rather than hurt it, while 24% say this would not make a difference. Moreover, an identical percentage (44%) says a tax increase on higher incomes would make the tax system more fair, while just 21% say it would make the system less fair.
Does this sound familiar? It should. Survey after survey have shown these same results: voters support tax increases. They support raising taxes on corporations and the wealthiest to make the system more fair. And they even support broader-based tax increases when it comes to protecting priority programs and services, like schools.
It’d be great if our elected officials around the nation would pay attention to these very clear reports of what voters want. After all, Congress is poised to determine whether to extend the Bush tax cuts on households making above $250,000 any day now — precisely the polling question Pew presented to its participants.
But while the Democrats’ plan appears to fulfill this public sentiment, extending tax cuts for only middle-class families, the Republican plan would extend the tax cut for the nation’s wealthiest households — exactly the opposite of what the public wants. (Economists calculate that the Republican plan would cost the nation an additional $80 billion in 2013 alone.)