Vast Majority Of Americans Favor Buffett Rule's Millionaire Tax: Poll
by Jillian Berman
9/28/11 12:2
Nearly three-quarters of Americans say they support President Barack Obama’s proposal to tax households making $1 million or more at the same or higher rate as middle-class households, according to a recent poll from website Daily Kos.
The poll found two-thirds of Republicans also support the so-called "Buffett Rule" –- named after famed investor Warren Buffett, who proposed increasing taxes on wealthy in a recent op-ed in The New York Times. But the measure faces stiff opposition. After Obama unveiled the Buffett rule earlier this month as part of a proposal to cut the national deficit through a combination of tax increases and spending cuts, Republican leaders derided the plan as “class warfare.”
The report’s findings parallel the results of a Gallup poll released earlier this month, which found that two-thirds of Americans favor boosting taxes on households earning more than $200,000 per year.
One demographic is even more supportive of the Buffett rule than the national average. The under-30 set is overwhelmingly in favor of the proposal, according to millennial advocacy group, Our Time. A Facebook survey of its members found that 80 percent support the measure...
For the full article, go to:
http://www.huffingtonpost.com/2011/09/28/buffett-rule-poll_n_985154.html
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