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Fiscal Cliff: Majorities Only Favor Solutions Impacting the Wealthy
Christian Post ^ | 12/14/2012 | Napp Nazworth

Posted on 12/14/2012 9:24:45 AM PST by SeekAndFind

A poll by Pew Research Center shows that majorities of Americans only favor solutions that impact wealthy Americans to reduce the national debt and avoid the "fiscal cliff."

Pew provided respondents with 12 deficit reduction options and asked if they approved or disapproved of each option. Majorities approved of five of the options: raise taxes on income over $250,000 (69 percent), limit deductions a taxpayer can claim (54 percent), raise the tax rate on investment income (52 percent), reduce Medicare benefits for higher income seniors (51 percent), and reduce Social Security benefits for higher income seniors (51 percent).

Deficit reduction solutions that impact a broader range of Americans received less support. The options that majorities disapproved included: reduce military spending (55 percent), gradually raise Social Security retirement age (56 percent), gradually raise Medicare retirement age (56 percent), and limit the home mortgage deduction (52 percent).

If congressional Republicans and President Barack Obama do not reach an agreement on long-term deficit reduction, taxes will go up for all income groups and spending will be cut for military defense and other non-entitlement programs.

The programs that Americans most disapprove of cutting would be cut if the fiscal cliff is not avoided -- funding to help lower-income Americans (58 percent), for roads and transportation (67 percent), and for education (77 percent).

The poll suggests that Democrats have an advantage in the current negotiations. They mostly want to increase taxes on the wealthy while Republicans mostly want to cut spending and reform entitlements. Republicans have, though, suggested means testing Social Security and Medicare benefits.

Most Americans, 55 percent, also believe that Obama is making a serious effort to reach an agreement, but only 32 percent believe the same about Republican leaders.

The Dec. 5-9 poll of 1,503 adults has a margin of error of plus or minus 2.9 percentage points.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: fiscalcliff; tax; taxes; wealth
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1 posted on 12/14/2012 9:24:51 AM PST by SeekAndFind
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To: SeekAndFind

They’ve successfully rolled more than half the country into the “Eat The Rich” column. We are now officially Europe.


2 posted on 12/14/2012 9:28:55 AM PST by Buckeye McFrog
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To: SeekAndFind

I believe this poll is correct.

It’s human nature. it’s easy to demand your fellow man’s economics get destroyed and not yours

However, Americans are also not living in reality


3 posted on 12/14/2012 9:29:52 AM PST by LMAO ("Begging hands and Bleeding hearts will only cry out for more"...Anthem from Rush)
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To: SeekAndFind

Taxing the “rich” will make little difference on the deficit. Obama’s tax increase on those making above $200,000 will raise about $68 billion per year, but we are borrowing $4.6 billion per day so that tax increase covers less than two weeks of spending. The sheeple will soon find that funding the governments insatiable appetite for taxes will mean more than the “rich” will see huge tax increases.


4 posted on 12/14/2012 9:33:49 AM PST by The Great RJ
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To: SeekAndFind

First, you cannot trust Pew.

Second, the republicans have done nothing effective to counter an Obama media blitz.

Third, whatever the reason, whatever the polls, taxing the rich can’t solve the problems so for the good of the country other solutions are needed.

We’re just witnessing the reason not to go down this liberal road in the first place.


5 posted on 12/14/2012 9:34:01 AM PST by Andrei Bulba (No Obama, no way!)
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To: Andrei Bulba

RE: First, you cannot trust Pew.

They turned out to be more accurate in November 2012 than either Rasmussen or Gallup. The election results bear them out.

America has changed man. This is not the same America a generation ago when Reagan defeated Carter.


6 posted on 12/14/2012 9:40:01 AM PST by SeekAndFind
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To: The Great RJ

You mean a tax increase on the rich but an “obama tax cut” for everyone else? What happened to the “Bush tax cuts”?


7 posted on 12/14/2012 9:40:22 AM PST by Terry Mross ( I don't watch the "news". Someone ping me if anything big happens.)
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To: LMAO

Isn’t human nature reality?


8 posted on 12/14/2012 9:41:58 AM PST by stuartcr ("Everything happens as God wants it to, otherwise, things would be different.")
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To: SeekAndFind

9 posted on 12/14/2012 9:42:39 AM PST by Lancey Howard
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To: SeekAndFind

The bad news is we’re all “rich.”


10 posted on 12/14/2012 9:48:49 AM PST by Huskrrrr
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To: SeekAndFind; ding_dong_daddy_from_dumas; DoughtyOne; Gilbo_3; Impy; stephenjohnbanker; NFHale; ...
RE :”Pew provided respondents with 12 deficit reduction options and asked if they approved or disapproved of each option. Majorities approved of five of the options: raise taxes on income over $250,000 (69 percent), limit deductions a taxpayer can claim (54 percent), raise the tax rate on investment income (52 percent), reduce Medicare benefits for higher income seniors (51 percent), and reduce Social Security benefits for higher income seniors (51 percent).
Deficit reduction solutions that impact a broader range of Americans received less support. The options that majorities disapproved included: reduce military spending (55 percent), gradually raise Social Security retirement age (56 percent), gradually raise Medicare retirement age (56 percent), and limit the home mortgage deduction (52 percent).
If congressional Republicans and President Barack Obama do not reach an agreement on long-term deficit reduction, taxes will go up for all income groups and spending will be cut for military defense and other non-entitlement programs.
The programs that Americans most disapprove of cutting would be cut if the fiscal cliff is not avoided — funding to help lower-income Americans (58 percent), for roads and transportation (67 percent), and for education (77 percent).
The poll suggests that Democrats have an advantage in the current negotiations. They mostly want to increase taxes on the wealthy while Republicans mostly want to cut spending and reform entitlements. Republicans have, though, suggested means testing Social Security and Medicare benefits.
Most Americans, 55 percent, also believe that Obama is making a serious effort to reach an agreement, but only 32 percent believe the same about Republican leaders.”

Well Duh!
Slow learning party?

Here's one not to waste money on taking:

Which would you rather have the gubment do to reduce the deficit:
a) Raise taxes on those making much more than you?
or :
b) Raise the age you get medicare till 70 yrso?
or :
c) Raise taxes on YOU??

Remember how fun the R primary was? I mean we got to imagine a country sooo different for a few months or so.

Duh....

11 posted on 12/14/2012 9:50:38 AM PST by sickoflibs (Dems know how to win. Rs know how to whine.)
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To: SeekAndFind

It’s the Willie Sutton solution.

[William “Willie” Sutton (June 30, 1901 – November 2, 1980) was a prolific U.S. ... legend that he said that he robbed banks “because that’s where the money is.” ...]


12 posted on 12/14/2012 9:52:06 AM PST by ex-snook (without forgiveness there is no Christianity)
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To: LMAO

I guaran-dang-tee you that we’re going to end up applying FICA taxes to every last penny of income above $110K. There is simply no political will for any other solution to the Social Security crisis.


13 posted on 12/14/2012 9:55:16 AM PST by Buckeye McFrog
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To: LMAO
However, Americans are also not living in reality

Never thought I would be no longer be proud to be an American. The Country lost the Constitution and many no longer believe in our foundation of Christian principles.

14 posted on 12/14/2012 10:14:29 AM PST by Logical me
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To: Lancey Howard

Your cartoon reminds me of “Der Besuch die Alte Dame.” I majored in German, had to read the screenplay as part of my German literature class. Read the plot summary: http://en.wikipedia.org/wiki/The_Visit


15 posted on 12/14/2012 10:17:36 AM PST by henkster ("The people who count the votes decide everything." -Joseph Stalin)
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To: SeekAndFind

Obama will place taxes on all people not just the rich.He ran up the debt and out of money to pay for it.

The fail light is on for socialism,bend over.


16 posted on 12/14/2012 10:24:50 AM PST by Vaduz
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To: ex-snook

No it’s not. The REAL money is in the middle class. You could take every buck the top 2 % earn and it won’t dent the deficit.

Personally, as an ER doc, if my taxes are going up , my work hours are going down. Screw it. Not gonna work all those weekends nights and holidays so I can pay for EBTs and Obamaphones.


17 posted on 12/14/2012 10:30:32 AM PST by Kozak (The Republic is dead. I do not owe what we have any loyalty, wealth or sympathy.)
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To: SeekAndFind
Fiscal Cliff: Majorities Only Favor Solutions Impacting the Wealthy

The majority are ignorant idiots.

History has shown unequivocally that socking it to the wealthy has always filtered down to everybody.

Except the parasite class; e.g. professional parasites and unions.

Of course these latter will ALWAYS vote to soak the productive.

18 posted on 12/14/2012 11:59:22 AM PST by publius911 (Look for the Union Label -- then buy something else)
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To: stuartcr
Isn’t human nature reality?

Well... yes; perhaps the phrase should be "rational reality."
It's hardly rational when everybody must lose.

Except the more equal than others folks... they assume

19 posted on 12/14/2012 12:14:08 PM PST by publius911 (Look for the Union Label -- then buy something else)
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To: sickoflibs

RE: Which would you rather have the gubment do to reduce the deficit:
a) Raise taxes on those making much more than you?
or :
b) Raise the age you get medicare till 70 yr so?
or :
c) Raise taxes on YOU??

______________________________

Where’s the choice about REDUCING SPENDING?


20 posted on 12/14/2012 12:39:28 PM PST by SeekAndFind
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