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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (558325)	4/2/2010 12:08:13 PM
From: tejek	Read Replies (1) \| Respond to of 1576882

Most Americans: "Tax the rich but not me" The Quinnipiac University poll found that 60 percent of Americans among both major political parties think raising income taxes on households making more than $250,000 should be a main tenet of the government's efforts to tame the deficit. More than 70 percent, including a majority of Republicans, say those making more than $1 million should pay more. But 80 percent say raising taxes on those making less than that should not be part of the government's approach. Moreover, most oppose touching Medicare and Social Security - two long-term drivers of the budget deficit over the coming decades.... Obama's 2011 budget proposal and most of his fellow Democrats favor eliminating tax breaks for individuals making more than $200,000 and for households making more than $250,000, which were enacted in 2001 and 2003. Not surprisingly, many more Democrats than Republicans back hiking taxes on those making more, though 56 percent of Republicans did support raising taxes on those making more than $1 million, the poll found. There was only a slim partisan divide, with only slightly fewer Republicans opposed to cutting the growth of the government health plan for the elderly, Medicare or Social Security, to help the deficit. reuters.com