Gallup: Republicans, Democrats Favor Tax Breaks to Win Back U.S. Jobs

Gallup ^ | 02/02/2012 | by Lymari Morales

[SeekAndFind]

Among five specific economic proposals, both Republicans and Democrats are in favor of giving tax breaks to corporations that bring manufacturing jobs back from overseas and pressuring China for fairer trade. They are sharply divided about increasing federal income taxes on upper-income Americans, increasing federal spending to help the long-term unemployed find jobs, and increasing federal spending on the development of alternative energy sources. The majority of independents favor all proposals.

The findings are from a Gallup poll conducted Jan. 23, 2012, to gauge support for specific economic proposals Obama was expected to raise during his State of the Union address. Despite Americans' dissatisfaction with size and power of the federal government, they tend to favor specific proposals on how the government could accomplish high-priority goals.

In this case, large majorities of Democrats and independents -- and at least 4 in 10 Republicans -- favor each of the proposals Gallup asked about, pushing national support for each of the five well above the majority level. Overall support is highest for tax incentives to encourage corporations to bring back manufacturing jobs and for increasing federal spending to help the unemployed find jobs.

Americans' views of these economic proposals can be partially explained by their specific economic concerns. The two most popular proposals -- giving tax breaks to companies that bring manufacturing jobs back from overseas, and increasing government spending for education and job training for the long-term unemployed -- directly address what Americans clearly perceive as one of the most important problems facing the country -- jobs and unemployment.

[Opinionated Blowhard]

And yet the public also wants Congress to close “loopholes” that corporations and “the rich” use to lower their taxes. Targeted tax breaks are nonsense that doesn’t work. Or are used to scam the system. They get buzzwords like “bringing back manufacturing” attached to them and the public wants them. Then a Mitt Romney or a Warren Buffett uses them and has a lower tax as a result and the public goes ballistic about how unfair it is. Cut taxes across the board. Eliminate “targeted tax breaks.”

[mo]

“in favor of giving tax breaks to corporations that bring manufacturing jobs back...”

Ah yes..the recipe for corporate fascism....unless you join us..we beat you bloody...