Confirming findings from a number of public polls, a new Bloomberg survey shows wide support for raising taxes on the wealthy in order to help pay down the deficit, and a very small appetite for cutting Social Security and Medicare in order to deal with the debt.
From Bloomberg’s report on the campaign and the economy:
“More than two-thirds of Americans, including a majority of Republicans, say wealthier people should pay more in taxes to bring down the budget deficit, and even larger numbers think Medicare and Social Security benefits should be left alone….‘While Americans see sacrifice as inevitable for the middle-class, the only sacrifice to win majority support is a tax on those too wealthy to be considered middle-class,’ says J. Ann Selzer, president of Des Moines, Iowa-based Selzer & Co., which consults with Bloomberg News on polls.”
