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  Don’t Extend Bush Cuts for Wealthy
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ContributorRP 
Last EditedRP  Jun 19, 2012 09:48am
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CategoryPoll
AuthorShane Goldmacher
MediaMagazine - National Journal
News DateTuesday, June 19, 2012 04:30:00 AM UTC0:0
DescriptionAs President Obama navigates a choppy economy in his reelection bid, he can rely on one comforting fact: Americans continue to strongly embrace his opposition to extending tax breaks for those earning more than $250,000 a year.

A new United Technologies/National Journal Congressional Connection Poll shows that only 26 percent of the public wants to see all of the tax breaks created during the George W. Bush administration, which are set to expire at year’s end, extended for at least another year. And only 18 percent want the tax breaks across all income levels made permanent, the position taken by Republican presidential candidate Mitt Romney.

In the poll, 47 percent of respondents said they wanted to see the tax breaks extended only for those earning less than $250,000. Eighteen percent said they prefer that all the tax breaks simply expire, which would result in higher taxes across the income spectrum.

The opposition to extending the Bush-era tax breaks for those earning above $250,000 spanned across every ethnic and age group in the poll, with young voters most opposed. Opinion did differ among various income groups. Only 21 percent of those who earn less than $30,000 a year want the tax breaks for all earners extended; 28 percent of those earning between $30,000 and $75,000 want them extended; and 31 percent among those earning at least $75,000 favor the across-the-board extension.
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