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CBS Poll: Most want taxes on millionaires increased
CBS News ^ | 10/04/2011 | Brian Montopoli

Posted on 10/04/2011 10:08:16 AM PDT by SeekAndFind

CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto

Most Americans believe that taxes on millionaires should be increased in order to reduce the deficit, according to a new CBS News poll.

Sixty-four percent of Americans said they believe those making a million dollars or more in taxes should pay more. Thirty percent said taxes on such individuals should not be increased. Democrats were extremely likely to support such an increase (83 percent did so), and independents also supported it, 65 percent to 28 percent. On the other side, 54 percent of Republicans opposed such an increase, while 40 percent supported it.

President Obama has proposed a tax increase on those making a million dollars per year or more as part of his deficit reduction plan - the so-called "Buffett Rule" - an idea Republicans deride as "class warfare."

Republicans often argue that increasing taxes on the wealthy will impact job creation. But the new CBS News poll finds that just 18 percent of Americans agree. More - 25 percent - say the increase will actually help job creation. A slim majority - 51 percent - say it will have little impact.

Still, there are mixed signals: Asked the most effective way for the government to get the economy moving, nearly half (47 percent) chose cutting taxes to encourage investment. Fewer - 37 percent - preferred spending more money to create jobs. A majority of Republicans called for tax cuts while a majority of Democrats called for spending to create jobs.

Views of government:

Americans have a highly negative view of the role the government plays in their lives.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: millionaires; poll; rich; tax
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1 posted on 10/04/2011 10:08:23 AM PDT by SeekAndFind
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To: SeekAndFind

2 posted on 10/04/2011 10:08:50 AM PDT by SeekAndFind (u)
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To: SeekAndFind

64% of people think we should raise taxes on someone else. I’m shocked.


3 posted on 10/04/2011 10:10:11 AM PDT by hometoroost (Frodo lives!)
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To: SeekAndFind
Gee. Say something often enough, and people start to believe it, facts notwithstanding.

The Nazis sure could have used this tactic, couldn't they?

Oh, wait...

4 posted on 10/04/2011 10:10:34 AM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: SeekAndFind

Source = CBS = Joke


5 posted on 10/04/2011 10:10:46 AM PDT by edcoil (The will to win is important, but the will to prepare is vital. -- Joe Paterno)
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To: SeekAndFind

Let’s see a poll on how many folks think that MSM trolls should remain breathing.


6 posted on 10/04/2011 10:11:58 AM PDT by Da Coyote
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To: SeekAndFind

1) Robbing Peter to pay Paul has always been popular

2) Loaded push poll question. They’re asking about raising taxes to pay off the deficit. How about if they simply ask whether people favor raising taxes on millionaires without adding the deficit part? Or put another way, “do you support raising taxes on millionaires to support lavish pay and benefits to government union workers?”


7 posted on 10/04/2011 10:12:10 AM PDT by Borough Park
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To: SeekAndFind

Oh, so they WANT to see 12% unemployment ??


8 posted on 10/04/2011 10:12:37 AM PDT by Reagan69 (First they came for Sarah Palin and conservatives said nothing...)
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To: SeekAndFind

This is kind of taking on the flavor of those moments in the Coliseum in Ancient Rome when the Emperor asked for a show of thumbs up or thumbs down on the gladiator laying in the dust under the point of the sword.

He shouts, “Raise taxes on the rich???,” and the crowd goes wild.

“Raise taxes on you???.” Thundering silence!


9 posted on 10/04/2011 10:12:49 AM PDT by RobinOfKingston (The instinct toward liberalism is located in the part of the brain called the rectal lobe.)
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To: SeekAndFind

Oh, so they WANT to see 12% unemployment ??


10 posted on 10/04/2011 10:12:54 AM PDT by Reagan69 (First they came for Sarah Palin and conservatives said nothing...)
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To: SeekAndFind

Most people polled have no idea what taxes millionaires actually pay.


11 posted on 10/04/2011 10:13:39 AM PDT by SandyInSeattle (When life gives you lemons, throw them back and demand chocolate.)
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To: SeekAndFind

64% of a highly Democrat slanted sample of cockroaches want taxes raised.


12 posted on 10/04/2011 10:14:03 AM PDT by DarthVader (That which supports Barack Hussein Obama must be sterilized and there are NO exceptions!)
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To: SeekAndFind
https://www.pay.gov/paygov/forms/formInstance.html?agencyFormId=23779454
13 posted on 10/04/2011 10:15:26 AM PDT by South40 (Rick Perry = The next John McCain)
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To: hometoroost

Got a friend that claims to be conservative. But he’ll vote for increased taxes for others. This is Oregon, so the loons are the majority. It apparently hasn’t dawned on him that he keeps voting for candidates that lose, but he usually ends up on the majority side of ballot initiatives.


14 posted on 10/04/2011 10:16:02 AM PDT by gundog (Help us, Nairobi-Wan Kenobi...you're our only hope.)
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To: SeekAndFind
cBS getting the answer they were looking for. Bad question plus a crappy sample will always do it.

This poll was conducted by telephone from September 28-October 2, 2011 among 1,012 adults nationwide.

15 posted on 10/04/2011 10:16:35 AM PDT by Lazlo in PA (Now living in a newly minted Red State.)
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To: SeekAndFind
64% of all Americans want millionaires to pay more taxes. I wish the follow up questions as follows were asked.

What percentage of their income should a millionaire pay.

2) What is the current percentage millionaire's currently pay.

16 posted on 10/04/2011 10:17:18 AM PDT by JIM O
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To: SeekAndFind
Easy poll question for the the RATS. Do you want to use your money or OPM for Social Security?

Mike

17 posted on 10/04/2011 10:18:51 AM PDT by MichaelP (The ultimate result of shielding men from the effects of folly is to fill the world with fools ~HS)
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To: hometoroost

“64% of people think we should raise taxes on someone else.”

#####

And it is especially easy when that “someone else” is an evil “millionaire”.

Once upon a time, when the United States still vaguely resembled a meritocracy, people of accomplishment were actually admired and emulated.

Then came the hippies, the Norman Lears, the counterculture, the Howard Zinns, the ACLU, and good became bad, up became down, right became wrong, ad naueseum....


18 posted on 10/04/2011 10:20:05 AM PDT by EyeGuy (2012: When the Levee Breaks)
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To: SeekAndFind

I propose a compromise.

Increase taxes on democrat millionaires!

Release their tax returns so we can verify they pay it, or turn them over to Roseanne Barr.

Deal?

and send them a thank you note for the 20 minutes of government spending their extra taxes will pay for.


19 posted on 10/04/2011 10:21:31 AM PDT by silverleaf (Common sense is not so common - Voltaire)
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To: SeekAndFind

Millionaires do not pay taxes on their accumulated wealth.

People on the way to becoming millionaires are taxed most ruthlessly on the income flow that goes to BUILD the million, but passive gains are not taxed, as equity once established, that is, clear title without mortgages, the growth in its imputed market value, and in fact, its power to earn return on investment, continue to build value and contribute to the millionaire’s net worth.

The net effect of TAXING millionaires, is to reduce their return on investment, not to diminish their accumulated wealth.


20 posted on 10/04/2011 10:22:40 AM PDT by alloysteel (Are Democrats truly "better angels"? They are lousy stewards for America.)
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