Taxes, Taxes And More Taxes: The Radical Economic Agenda Of The Left Has A Surprising Level Of Public Support
by Michael Snyder
TheEconomicCollapseBlog.com
February 19, 2019
The left wants to raise your taxes, and most Americans are okay with that. I was shocked by the numbers that I am about to share with you, and I think that you will be shocked too. Once upon a time, being labeled as a “tax and spend liberal” was one of the worst things that could happen to a politician. During the presidential election of 1984, Walter Mondale was very honest about the fact that he wanted to raise taxes on the American people, and Ronald Reagan absolutely crushed him with that. In the end, it was one of the greatest election night landslides in history. But this time around we could potentially see the opposite. If things go badly for Trump, we could actually see a “tax and spend liberal” turn the map mostly blue in 2020. I know that sounds very, very strange, but the latest poll numbers show that the American people strongly support raising taxes on the wealthy.
For example, the most recent Politico poll found that 76 percent of registered voters believe that taxes should be raised on the richest Americans…
Surveys are showing overwhelming support for raising taxes on top earners, including a new POLITICO/Morning Consult poll released Monday that found 76 percent of registered voters believe the wealthiest Americans should pay more in taxes. A recent Fox News survey showed that 70 percent of Americans favor raising taxes on those earning over $10 million — including 54 percent of Republicans.
Those numbers are absolutely overwhelming.
When even a Fox News survey shows that most Republicans want higher taxes, then you know that something has dramatically changed.
And this high level of support for tax increases persists even when voters are asked about specific proposals from Democrats on the far left. If you can believe it, 59 percent of Americans are even in favor of AOC’s proposal to raise the highest marginal tax rate to 70 percent…
A plan from first-term Rep. Alexandria Ocasio-Cortez (D-N.Y.) to slap a 70 percent marginal rate on income earned over $10 million clocked in at 59 percent support in a recent Hill/HarrisX poll.
The new POLITICO/Morning Consult poll, conducted Feb. 1-2, found that 61 percent favor a proposal like the “wealth tax” recently laid out by Sen. Elizabeth Warren (D-Mass.) that would levy a 2 percent tax on those with a net worth over $50 million and 3 percent on those worth over $1 billion. Just 20 percent opposed the idea. The poll surveyed 1,993 registered voters and carries a margin of error of plus or minus 2 percent.
The Rest…HERE
