Poll: A majority of Americans support raising the top tax rate to 70 percent

The Hill ^ | 1/15/2019 | Matthew Sheffield

[MrRelevant]

Well I mean everyone hates the rich and wants free stuff right? So its not that hard to get the lemmings fired up to be honest.

[skimbell]

Like POTUS, Ronald Reagan used to say all the time, “Americans you are only one election away from tyranny”

I know of no time that Reagan said this.

Can you give me a source?

[ealgeone]

Waiting on Milano to chime in before I know what to think. /sarc

[PA Engineer]

This survey was conducted online within the United States from January 12-13, 2019 among 1,001 registered voters by HarrisX.  The sampling margin of error of this poll is plus or minus 3.1 percentage points.

[arrogantsob]

The Billionaires’ club does not care what the tax rate is as long as they have enough money to preach to the public. It will trade wealth for power every time.

Private wealth is wildly disproportionate and to be feared. Not as much as the government however.

There is no way to confiscate the wealth of the Super Rich short of a global tax authority.

[DoughtyOne]

Does the sHill ever publish anything worthy of reading?

[Nifster]

What are the cross tab So??

Is this as accurate as the president Hillary polls?

[RatRipper]

Two quotes to consider from Vladimir Lenin:

(1) The way to crush the bourgeoisie is to grind them between the millstones of high taxation and inflation.

(2) The best way to destroy the capitalist system is to debauch the currency.

They have been working really hard for years to “debauch the currency”. That is why the Rats don’t bat an eye to deficit spend in a big way. High taxation is the road to communism . . . in double-time.

[RatRipper]

There is no way to confiscate the wealth of the Super Rich short of a global tax authority.

Which means it is ridiculous to put very high tax rates in place, which has been my point. It hurts regular folks a whole lot more than rich folks.

[OttawaFreeper]

Your comment makes me think of game shows like “The Price is Right” and others of that nature. Sure, everybody likes to watch people win cars or trips to nice places or snazzy new furniture and other things for free and they will cheer and go crazy with Drew Carey or Steve Harvey or Pat Sajak or (when I was growing up) Bob Barker or Richard Dawson and many others from years past.

However, you can google “game show contestant stories” or something similar and learn the reality. Most of the time, you don’t get the fancy prizes unless you explicitly follow the producers’ instructions, pay the (likely) very pricey taxes as the cash and other goodies are taxable income, and other hoops to jump through. But it certainly is not presented in that manner on TV, isn’t it? And this is what the Dems and others are trying to do in this manner regarding taxes and “free” stuff.

[Rashputin]

Generations of kids coming out of government schools are now so stupid they see the camel's nose under the tent and are anxious to let the camel shove its way into the tent yet again.

The 16th Amendment was marketed the same way, "this will only increase what the very rich pay, it won't change anything for average folks". That's a promise kept, right?

[Clutch Martin]

Flat tax 10 to 15 percent... which means everybody has skin in the game. Everybody. And it simplifies this cancerous tax industry which rises Medusa like on a regular basis.

If you have nothing then you pay 15% of nothing. I don’t buy that argument that we have to have taxes and the poor have to be excluded. The poor do not have to be excluded, they have to have some skin in the game so that they really have a clear understanding of what it’s like to participate.

If this 70% BS starts getting traction then the flat tax argument needs to be raised and raised quickly before the engine that drives our economy gets cut off at the knees.

Everybody participates must dominate the discussion over the contentious “let’s just tax some people more.” This is the only way to promote inclusion from everybody especially the dissenting (and loud) gimme freebie people.

[The Pack Knight]

Tax rates at 70% and above were in effect until JFK cut them.

The top rate was at 70% and above until it was cut to 50% during the Reagan administration in 1981. It stayed at 50% until Reagan signed the Tax Reform Act of 1986 and cut it to 28%. They promised it would never need to go up, but of course that promise was broken just 3 years later during the Bush administration, and then increased again to 39.6% during the Clinton administration.

Here's what the Left really doesn't want you to know: None of these changes had any significant effect on the amount of actually received in income taxes. Individual income tax receipts increased steadily throughout all of these changes. We would not see a significant reduction in individual income tax receipts until the Bush tax cuts in 2001 (but we would be back to record collections by 2006).

[EVO X]

Here was the Reagan said in his own words.

“Freedom is never more than one generation away from extinction.”

This a 1 minute clip

https://www.youtube.com/watch?v=SDouNtnR_IA

[depressed in 06]

Couldn’t we get more revenue by raising it to 170%?

Hell yea!. The rich can afford it.

[johnthebaptistmoore]

Raise the top tax rate to “Infinity %”! Come on AOC!

[Kickass Conservative]

I assume they will take that Windfall and pay off the National Debt before they institute any additional Government Programs.

[sparklite2]

“Don’t tax you, don’t tax me, tax that fellow behind the tree.”

[karnage]

BULLSHIT

[alloysteel]

“Soaking the rich” never impacts those who are already rich. It only affects those who ASPIRE to become one of the “rich”.

“Trickle down” really is a thing. The less there is to “trickle down”, the more the lower levels are negatively affected.

If you want the sparrows to not starve, you have to feed the horses. This bit of folk wisdom has been somehow lost on recent generations.