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Oct 19 - Americans are ready to tax the rich



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 1 month ago '06        #1
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Oct 19 - Americans are ready to tax the rich
 

 
Itís not always clear what the public wants. But a new poll shows strong support for taxing the rich to pay for Democratsí Build Back Better Act.



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As debate over Democratsí Build Back Better Act has intensified, the $3.5 trillion social spending bill has remained strikingly popular in polls. That may be both a blessing and a curse for lawmakers because itís now clear that the bill will need to shrink to pass. And like Congress, Americans donít all agree on which of its big-ticket items are most important.

But at least one thing seems clear from public surveys: People want to pay for the bill by taxing the rich.

A Vox and Data for Progress poll, conducted October 8-12, found that 71 percent of voters support raising taxes on the wealthiest 2 percent of Americans to pay for the bill. Eighty-six percent of Democrats and 50 percent of Republicans backed the idea. Other tax provisions focused on the wealthy that could be included in the bill ó such as tax increases on corporations and capital gains ó found 65 percent or more support overall.

Sixty-three percent of voters in the poll said they supported the $3.5 trillion overall plan that includes spending on health care, long-term care, child care, and clean-energy jobs.


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Itís less clear which priorities voters most want to spend that money on. When asked to choose the most and least important parts of the Build Back Better Actís many policies, taxing the rich was most frequently cited as a top priority, with 13 percent of respondents choosing the measure. (The poll surveyed 1,224 likely voters and had a sampling margin of error of plus or minus 3 percentage points.)

Expanding Medicare benefits to cover dental, vision, and hearing also showed strong support, with 12 percent of respondents ranking it the highest priority, and another 12 percent picked policies to increase access to long-term care for older adults and people with disabilities. Republicans were especially supportive of the provisions for health care and long-term care for older adults, compared to Democrats, who most frequently cited the tax increases and clean-energy measures as top priorities.

Democrats face tough choices in keeping a promise of ďtransformativeĒ policies in the Build Back Better Act: Do programs need to be made permanent, increasing their price tag? Should funding child care or prekindergarten win out over expanding Medicare benefits? How fast must the country move to cut fossil fuels and f*ght climate change?

This is Democratsí first chance in years at crafting major legislation not directly tied to the pandemic ó and given the electoral mapís skew toward Republicans, it could be their last for another decade.

The popularity of the Build Back Better Act so far may or may not make it easier for lawmakers to get the bill over the finish line. In the Vox/Data for Progress poll, voters were presented with arguments for and against removing a particular provision to reduce costs, such as Medicare benefits expansion or clean-energy policy. Only about a third of voters or fewer supported the cuts. And respondents showed a diversity of opinion on whatís most important in the bill.

That likely reflects the fact that Democratsí big bill touches on important issues for people at various stages of life, said Ethan Winter, a senior analyst for Data for Progress.


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Winter noted that a policy like free prekindergarten would be especially favored by a young parent, while expanding Medicare benefits appeals more to older adults ó who make up a larger swath of the electorate. The somewhat stronger support for tax increases on the wealthy and spending on care for older adults suggests those ideas are a core appeal of Democratic politics, for both the partyís base and swing voters.

ďPeople elect Democrats because they will raise taxes on the rich to do modest economic redistribution, and [policies] for seniors are always very popular,Ē Winter said.

Polls have shown solid majority support for most pieces of the bill as standalone policies. (The child tax credit expansion has seen majority approval but seems to fare worse in polling when voters are explicitly asked about making the expansion permanent.)

The billís popularity could shift as Americans learn more about it and are exposed to partisan messaging; an October CBS News poll found that few Americans say they know much about whatís in the bill, and only a third think it will affect them directly, despite many provisions focused on helping middle- and lower-income families.

And thereís a potential warning sign for Democrats in a new Gallup poll: In a September survey, 52 percent of voters said the government is doing too many things that should be left to individuals and businesses ó basically returning to the average level surveyed in the past decade. In 2020, as the pandemic pummeled Americans and the economy, 54 percent of voters said they wanted the government to do more.

On climate issues, 57 percent of voters in the Vox/Data for Progress poll said tax credits for electric cars in the Build Back Better plan would make them more likely to purchase one.

Sixty-three percent of voters expressed support for the clean electricity program, a key component of the billís climate crisis strategy that now appears in danger of being scrapped or significantly cut back. When asked about removing this provision of the bill after hearing arguments for and against government intervention in the energy industry, 53 percent of voters wanted to keep the clean electricity plan, and 36 percent wanted to remove it.

Democratsí bill is popular. So why are they shrinking it?
Americans largely seem to like the Build Back Better Act. Most donít seem fazed by the $3.5 trillion price tag. The strong support for tax increases on the rich ó after big tax breaks for the wealthy and corporations under President Donald Trump ó suggests skeptical centrist Democrats may have other concerns in backing cuts to the bill.

The precariousness of the bill largely comes down to Democratsí very thin majorities in the House and Senate. That gives Joe Manchin, a senator from a Trump-voting coal state, the power to dictate demands on climate provisions as well as the overall size of the bill.

It also means another centrist senator, Kyrsten Sinema, is a key figure in the negotiations, even though itís not totally clear what she wants in the bill ó and she left this week for Europe on a fundraising tour. (While Manchinís approval in his home state of West Virginia has remained fairly steady overall, Sinemaís resistance to the legislation has caused her approval rating to plummet among Democrats and prompt stirrings of a primary challenge in Arizona, a state more evenly split between Republicans and Democrats.)

Manchin, Sinema, and other moderate Democrats have sometimes appeared at odds with each other on tax increases and how to pay for the bill, making things even more complicated.

At New York magazine, Eric Levitz chalks pushback by some House Democrats up to Americaís skewed representation in Congress and the decline of labor as a lobbying force. Plus, perhaps, old-fashioned stubbornness: Many Democrats in Congress came of political age in the era of Bill Clinton, deficit reduction, and welfare reform. ďI think thatís why we canít have ($3.5 trillion worth of) nice things: Labor is weak, Congress is malapportioned, and some old rich Democrats have annoying beliefs,Ē Levitz wrote.

No matter what happens with the Build Back Better Act, it wonít end debates around what pursuing popular policies really means. Even if the final bill is embraced by the public, it might not lead Democrats to electoral victory, either.

But if Democrats are just looking for legislation that most Americans want, taxing the rich to pay for policies that help families, seniors, and the planet seems like a safe bet so far.

Update, October 16, 9:40 am: This story has been updated to reflect news that the Build Back Better Actís clean electricity program may be cut, and to include a new Gallup poll on the role of government.


visit this link https://www.vox.com/2021/ .. tructure-taxes
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32 comments
 

 1 month ago '11        #2
Sin  topics gone triple plat - Number 1 spot x40
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Americans maybe be ready but our millionaire politicians aren't going to pass it
+15   

 1 month ago '17        #3
Lazy 
Props total: 27352 27 K  Slaps total: 3563 3 K
 Sin said
Americans maybe be ready but our millionaire politicians aren't going to pass it
Maybe

Most of them donít even qualify

Keep in mind anyone under 4.5 million isnít rich in America
+3   

 1 month ago '21        #4
Fras 
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The "rich" already pay their fair share, just ask the professional athletes. Its the billionaires that don't, and they never will. i promise you that. They're coming for US.
-9   

 1 month ago '11        #5
Blokka Blokka  topics gone triple plat - Number 1 spot x7
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Watch some middle or low class moron come in here and defend the rich

+19   

 1 month ago '21        #6
MacJokerJones 
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 Blokka Blokka said
Watch some middle or low class moron come in here and defend the rich

hes right above you. a felon loser drunkard auto mechanic saying the rich pay enough.
+7   

 1 month ago '16        #7
MadMarlo 
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 Fras said
The "rich" already pay their fair share, just ask the professional athletes. Its the billionaires that don't, and they never will. i promise you that. They're coming for US.
Shut ur drunk a*s up .....

You don't believe most of the sh*t you type.

You're just an alcoholic
+6   

 1 month ago '21        #8
Fras 
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 MadMarlo said
Shut ur drunk a*s up .....

You don't believe most of the sh*t you type.

You're just an alcoholic
LOL what? I drink sometimes once a week, but usually once every two weeks.

Is anyone on this site real anymore? Or do you just have some sort of online persona to try and live up to?
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 1 month ago '06        #9
Skateboard T  topics gone triple plat - Number 1 spot x6
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 Fras said
The "rich" already pay their fair share, just ask the professional athletes. Its the billionaires that don't, and they never will. i promise you that. They're coming for US.
He said, with zero proof.
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 1 month ago '21        #10
Fras 
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 Skateboard T said
He said, with zero proof.
You work right? They're coming for you. They tell you that they're coming for you but you're so indoctrinated that you don't believe it or aren't aware of it or something. I dunno what.
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Top 10 most slapped recently  1 month ago '21        #11
FleshAxe  topics gone triple plat - Number 1 spot x3
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The poor should be happily our GOAT president even introduced trickle down economics to us in the first place otherwise we would all be living off welfare
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 1 month ago '17        #12
Ymmot  topics gone triple plat - Number 1 spot x5
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 Blokka Blokka said
Watch some middle or low class moron come in here and defend the rich

@ already in here
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 1 month ago '17        #13
Ymmot  topics gone triple plat - Number 1 spot x5
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Trump supporters not gonna like this.
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 1 month ago '20        #14
Bighempin  topics gone triple plat - Number 1 spot x1
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Been ReadY
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 1 month ago '06        #15
Skateboard T  topics gone triple plat - Number 1 spot x6
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 Fras said
You work right? They're coming for you. They tell you that they're coming for you but you're so indoctrinated that you don't believe it or aren't aware of it or something. I dunno what.

and I don't give a sh*t about paying taxes if it means funding social programs that help society.


Last edited by Skateboard T; 10-20-2021 at 08:27 AM..
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 1 month ago '17        #16
Naga Sadow  topics gone triple plat - Number 1 spot x20
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 Fras said
You work right? They're coming for you. They tell you that they're coming for you but you're so indoctrinated that you don't believe it or aren't aware of it or something. I dunno what.
I paid $30k more in taxes when Trump's tax bill passes. They've been here its just your cult leader told you start believing it now.
+6   

 1 month ago '19        #17
mkooner 
Props total: 1062 1 K  Slaps total: 255 255
Majority of American's don't know how their tax money is spent and if the BBB plan is self funding based on the increase in taxes or not.

 1 month ago '21        #18
Fras 
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 Naga Sadow said
I paid $30k more in taxes when Trump's tax bill passes. They've been here its just your cult leader told you start believing it now.
Thatís cause you probably make decent coin. Youíre considered rich under BX standards.

If I were President Iíd lower your taxes, my taxes etc. Iím sorry your taxes went up bro. Dead a*s.

But weíre all fooling ourselves if we think Bidenís actually going to create a fool proof way to raise taxes for billionaires. We canít afford no team of tax lawyers to find these legal loopholes. Where there are lawyers there will always be loopholes. We must figure out a way to allow the American dream to happen again. Iím all for taxing the rich, but we gotta be honest about how shady these cats are. If we increased taxes for the rich, theyíll just offshore their cash even more and use more loopholes. Then the middle class will be stuck with the bill anyway, and weíll all collectively be even more fu*ked.

Believe it or not, Iím on your side with this but Iím not naive about these rich people. (Not saying you are but many in this thread are)
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 1 month ago '16        #19
postemupndunkit 
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Should have done this when Reagan was in office. It's too late
+2   

 1 month ago '11        #20
SomeOnesoN  topics gone triple plat - Number 1 spot x2
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 MadMarlo said
Shut ur drunk a*s up .....

You don't believe most of the sh*t you type.

You're just an alcoholic
this made me laugh more than it should have.

sh*t came out of nowhere.
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 1 month ago '17        #21
Naga Sadow  topics gone triple plat - Number 1 spot x20
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 Fras said
Thatís cause you probably make decent coin. Youíre considered rich under BX standards.

If I were President Iíd lower your taxes, my taxes etc. Iím sorry your taxes went up bro. Dead a*s.

But weíre all fooling ourselves if we think Bidenís actually going to create a fool proof way to raise taxes for billionaires. We canít afford no team of tax lawyers to find these legal loopholes. Where there are lawyers there will always be loopholes. We must figure out a way to allow the American dream to happen again. Iím all for taxing the rich, but we gotta be honest about how shady these cats are. If we increased taxes for the rich, theyíll just offshore their cash even more and use more loopholes. Then the middle class will be stuck with the bill anyway, and weíll all collectively be even more fu*ked.

Believe it or not, Iím on your side with this but Iím not naive about these rich people. (Not saying you are but many in this thread are)
Then close the loopholes. Also make all that off-shore money illegal unless the bring it back so it can be taxed. Stop thinking they can't be taxed.
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 1 month ago '06        #22
itzadirtyworld 
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The White House is a Plantation

 1 month ago '06        #23
Skateboard T  topics gone triple plat - Number 1 spot x6
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 Fras said
Thatís cause you probably make decent coin. Youíre considered rich under BX standards.

If I were President Iíd lower your taxes, my taxes etc. Iím sorry your taxes went up bro. Dead a*s.

But weíre all fooling ourselves if we think Bidenís actually going to create a fool proof way to raise taxes for billionaires. We canít afford no team of tax lawyers to find these legal loopholes. Where there are lawyers there will always be loopholes. We must figure out a way to allow the American dream to happen again. Iím all for taxing the rich, but we gotta be honest about how shady these cats are. If we increased taxes for the rich, theyíll just offshore their cash even more and use more loopholes. Then the middle class will be stuck with the bill anyway, and weíll all collectively be even more fu*ked.

Believe it or not, Iím on your side with this but Iím not naive about these rich people. (Not saying you are but many in this thread are)
This is just conjecture, bro be real, you know NOTHING about tax law or the tax system besides the brackets. Stop talking like you've sat through classes on this sh*t, especially to those of us who have lol.
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 1 month ago '11        #24
Tony Franks  topics gone triple plat - Number 1 spot x2
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 Fras said
The "rich" already pay their fair share, just ask the professional athletes. Its the billionaires that don't, and they never will. i promise you that. They're coming for US.
yeah, i was thinking they should change it to "tax the wealthy". Raise the wealth tax so these old families sitting on billions might have to actually work one day.
+1   

 1 month ago '06        #25
imthatinfamous  topics gone triple plat - Number 1 spot x1
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i cant take polls seriously.....like 1226 people questioned is a respectable sample size to reflect the feelings of the U.S population



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