wealth
What's fair is fair
Posted March 1st, 2010 by yawu
Or is it?
Larry Bartels of Princeton shows that more often than not average Americans side with businesses and the wealthy in tax debates--voting for tax cuts they will never receive and against tax increases they will not pay:
“What is most remarkable is that this massive upward transfer of wealth has been broadly supported by ordinary Americans, despite a good deal of public suspicion that the benefits would go mostly to the rich. For example, a CBS News Poll in April 2001, shortly before the first big tax cut was passed, found that 51% of the public favored President Bush’s tax cut plan, while 55% said that “rich people” would “benefit most” from it.
“A Harris Poll in June 2003 found that 50% thought the 2003 tax cut was “a good thing,” while 42% said it would help “the rich” a lot and only 11% said it would help “the middle class” a lot. An even more recent survey in which respondents were reminded that “President Bush and Congress have made two major cuts in federal income tax rates” found that 54% of the public approved of those cuts, while only 37% disapproved.”