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December 1st, 2010
11:10 AM ET

Poll: Should tax cuts be extended for wealthy?

Paul Steinhauser
CNN Deputy Political Director

Washington (CNN) – As top Democrats and Republicans begin negotiations over extending the Bush-era tax cuts, a national poll indicates that the public remains divided on whether the wealthiest Americans should continue to receive those cuts.

Four in ten questioned in a USA Today/Gallup survey released Wednesday say that the cuts should be extended for all Americans, with 44 percent saying they support extending the tax breaks but setting limits on how much of wealthy Americans' income is eligible for the lower rates, and 13 percent saying the cuts should be allowed to expire at the end of the year.

An Associated Press-CNBC poll released Tuesday indicates that half questioned wanted tax cuts to be extended only for families making under $250,000 a year, with 34 percent saying they should be extended for all Americans, and 14 percent calling for the cuts to sunset for everyone at the end of the year.

Forty-nine percent of people questioned in a CNN/Opinion Research Corporation survey conducted in the middle of November said the tax cuts should be extended for families making less than $250,000 a year, with another 15 percent that said the cuts should not be extended for anyone. That left 35 percent who favor an extension of the tax cuts for all Americans regardless of how much money they make.


Filed under: 360° Radar
soundoff (13 Responses)
  1. William of Iowa

    The Bush tax cuts should be left to expire for everyone. If compromise is necessary – then only allow for the tax cuts to remain for those born after 1982 and earn less than $65,000.00 adjusted net income. Courage people, time to pay the bills.

    December 2, 2010 at 7:27 am |
  2. J.V.Hodgson

    Add another single resounding vote to the poll
    1)No to extending rich tax cuts.One bill
    2)Yes to extending those to under 250K income. Separate bill.
    The only compromise from both sides I want to see is 1 DAY EACH OF DEBATE IN THE HOUSE FIRST ( two bills) THEN A STRAIGHT UP AND DOWN VOTE ON BOTH BILLS ( TIME WISE 50% EACH TO DEMS AND REPUBLICANS) WHATEVER PASSES SIMPLE MAJORITY GOES TO THE SENATE.
    (SAME 1 DAY TIME DEBATE RULES IN SENATE, 50/50)
    WHATEVER PASSES IN BOTH BILLS BY SIMPLE MAJORITY IN BOTH HOUSES ( NB WORDING TO BE AGREED BY HOUSE AND SENATE BUDGET COMMITTEES PRIOR TO VOTES) AGAIN 2 DAYS THERE EACH TO DECIDE SIMPLE MAJORITY)
    In that environment neither side can ignore Public/ voter opinion. AND IT TAKES MAXIMUM 2 DAYS OF HOUSE AND SENATE LEGISLATIVE TIME WITH 8 DAYS MAX OF COMMITTEE TIME ,prior to votes in each house add START (max 3days in Senate in the past) And 2 days DADT, and where with an open mind is the lame duck session not have enough time.
    Immigration is too big, but extending Unemployment is big bang for bucks spent.
    All doable IF, IF it's the people as whole you are intersted in!!
    Regards,
    Hodgson.

    December 2, 2010 at 4:37 am |
  3. Wayne Weaver Jr.

    It would seem that every day there are more and more individuals struggling to make it by with the little money they have in their pockets. Why would a majority of individuals want the richest Americans to receive tax cuts? The key word is that they are tax cuts. The middle class is shrinking into non existence. What happens when the American public realizes that the opportunity to climb the social ladder is gone? If the rich truly believe that the tax cuts will create jobs they should put their money where their mouth is. Why not provide tax cuts based upon the development of the new jobs they claim will be created. If there is reassurance that they will be granted the tax cut based upon a proven out come, both parties win. This way the poor/ lower middle class can continue to eat their can of soup for dinner and the rich can eat what ever type of fine things they enjoy.

    December 2, 2010 at 3:20 am |
  4. Darren

    Hello Anderson,

    I'm active duty after 23 years retiring Dec.31. I won't make much, I'm only a E-6. I say let all tax cuts end for our future. I understand that if you make more you pay more taxes.
    Question: Percentage wise will people making over 250,000 thousand a year be required to pay more of a percentage then people making under that amount if allow all tax cuts to end?

    December 2, 2010 at 2:46 am |
  5. John F Salzer

    What % of the total American wealth, is owned ,or controled ,by what % of the American population ??????
    This group, are the ones making the rules, controling wealth , power, goverment, trends,our future. 250,000 $ per year, has little to do with this, and particulary this group of power brokers.
    And I learned that in collage 45 years ago.
    But no one making over 250,000 should get a tax cut either JFS

    December 1, 2010 at 11:55 pm |
  6. muhammad rahman raza

    Right now we have different brackets for income taxes for taxable income from 10% to 35%. It does not mean that the person who makes $1,000.00.00 as taxable icome pays 35% on all the taxable income. just for example if tax is 15% for upto $50,000.00 25% for upto $100,000.00, and 35% for upto and more than $150,000.00. Person making $1,000,000.00 will only pay 15% on $50,000.00, and 25% on 100,000.00-50,000, and 35% on 1,000,000.00-150,000.00.00 or $317,500. or 31.75%. This is called a progressive tax, meaning as your tax able income goes up, your tax rate is also going up. Rebublicans say that increasing tax on any one is same as killing job growth or no tax means lots of jobs. It is must to reduce deficit to go down to increase tax or cut the expenses. In my opinion Bush tax should be cut for every one, but Obama can present to congress to have 1% surcharge on taxable income on more than $250,000.00, an other 1% tax surcharge on taxable income of more than $500,000.00 another surchare of 1% on taxable of $750,000.00 and another 1% tax surcharge for taxable income of upto and more than $1,000.000.00 to coupled with unemployement benifits.

    December 1, 2010 at 11:50 pm |
  7. lois

    if the wealthy were going to create jobs where are all of the jobs they've created in the last ten years?0 jobs created

    December 1, 2010 at 11:25 pm |
  8. Annie Kate

    I would support an extension for those making less than 250,000 a year and a sliding extension for those making over that much – the higher your income goes the less of a cut you get. That way everyone gets a cut – but some get more than others. Once the economy stablizes and all can get a good job that wants one, then the tax cuts can sunset.

    December 1, 2010 at 11:06 pm |
  9. Jim

    How about ELIMINATING Taxes for those who are single & make less than 36,000 a year

    December 1, 2010 at 10:40 pm |
  10. Tiffany Krupa

    When the November elections were over and the GOP started claiming that "The American people have spoken." I wanted to say, Hey! what about the other HALF of the country who support raising taxes on the wealthy and saving the working classes from extinction??

    The media needs to focus on the quiet, untold stories from the hearts of the working classes in order to expose the gargantuan polarity between the rich and the rest. People like me, who live in our suburban bedroom communities, working 60+ hours a week to stay above water; who don't know their neighbors because community does not exist anymore, feel like the minority, and so there is no revolution; there is no time, no energy and no person to person conversations happening with similar folk. I can tell you that this working class woman feels invisible, isolated, and alone when I hear the GOP claim 80% of Americans agree with them.

    December 1, 2010 at 10:33 pm |
  11. AT

    Are you kidding me? NO, the cuts should only be extended for the middle class?

    December 1, 2010 at 10:14 pm |
  12. Paul

    Vote on the tax cuts separately. First vote on tax cuts for the middle class, that will pass easily. Then vote on tax cuts for the rich.

    Republicans are trying to cram this legislation down our throats as one big bill. I think Americans want to see more things to be voted on individually, like tax cuts for the middle class and tax cuts for the wealthy.

    December 1, 2010 at 9:19 pm |
  13. Michael

    If the GOP was serious about their claims they would back extending the tax cuts for the lower and middle class, instead of giving a another big bonus to the wealthy elite. This just proves they only care about their corporate overlords, and have no intentions of reducing the deficit, unless it involves screwing the non-wealthy. If the tax cuts for the rich are so important for producing jobs then why are we in the situation we are in? Trickle down just involves the wealthy pissing on the rest of us. The class war already happened, and we lost.

    December 1, 2010 at 7:47 pm |