Polls Indicate Growing Public Support of Tax Package

Three recent surveys suggest that, for the most part, Americans support the tax package approved by the Senate on Wednesday. That plan would extend Bush-era tax breaks for the wealthy -- as well as extending unemployment benefits and cutting payroll taxes.

Gallup on Wednesday reported 49% of Americans favored the package, compared to 32% against, with 18% undecided. About 60% of Americans who support the package are following the process "very or somewhat closely," said Gallup, citing its survey of about 1,000 adults, jointly conducted with USA Today.

A Washington Post/ABC News survey also showed a majority Americans favoring the package, while a Pew Research Center poll indicated an almost 3-to-1 margin of support.

And another survey, this one conducted by the Wall Street Journal/NBC News, has indicated strong bipartisan support for the measure.

The package, valued at about $858 billion, was passed by the Senate with a more than a 4-to-1 margin on Wednesday -- but still needs to be ratified by the House of Representatives. Tax cuts have been a point of contention between Obama -- who has been looking to increase the tax rate on capital gains while supporting tax breaks for the middle-class and small businesses --and Republicans, who say ending tax breaks for the wealthy would hamper the country's economic recovery.

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Bill

People actually support taking from the poor to give to the rich? I guess Robin Hood was a villian to them.

December 16 2010 at 10:18 AM Report abuse -1 rate up rate down Reply
1 reply to Bill's comment
bggdg

Bill if you ever come out from under your rock you'll discover most Americans don't support "taking", no matter who is taken from or who is given too. This is consistent with the principles representing the very foundation upon which our country was founded. How is it that you have managed to turn your back on our nations history, while advocating attacking your fellow Americans? Do you think your bigotry is something for which you should be proud?

December 16 2010 at 10:33 AM Report abuse +2 rate up rate down Reply
sgentilejr

The Senate tax agreement is going to add over $800 Billion dollars to the National Debt. The reduction from 6 1/2% down to 4 1/2% for Social Security taxes now will result in lower SS benefits and a higher retirement age in the years ahead.
SS is already going broke___and cutting the SS tax rate down lower will only serve to make SS go broke faster.

December 16 2010 at 9:36 AM Report abuse -2 rate up rate down Reply
1 reply to sgentilejr's comment
bggdg

Since Socialist Insecurity "is already going broke" (as is the ultimate fate of any ponzi scheme) wouldn't we all be better off the sooner we cut our losses instead of applying painful bandaids that only delay the inevitable? The federal government owns nearly half of all land west of the Missouri River (and a smaller amount east of the Missouri). The vast majority of it is idle land that serves no useful government purpose. Since the amount is so large, the estimates of its private market value vary widely, but even the most conservatives ones peg it at several trilion dollars (with some estimates ranging as high as tens of trillions). What if the government sold off this land to private entities and used the proceeds to issue everyone who had paid into Socialist Insecurity a check representing the amount of their contributions plus some market rate of return (say 8% for sake of argument). Not only could we end this fiscal albatross, but maybe more importantly, we could return decision-making back into the hands of the right people who make decisions for the right reasons (American citizens), while ending the vulgarity of pitting one American against another.

December 16 2010 at 10:28 AM Report abuse +1 rate up rate down Reply
dterraman

politicians are feeding at the trough on the fruit of our labor and laughing at us all

December 16 2010 at 6:45 AM Report abuse +3 rate up rate down Reply
Benjamin

yeah this is some media generated bull crap.... period.

December 16 2010 at 12:06 AM Report abuse +4 rate up rate down Reply
buddy7768

i don't support anything this government does.it should be disbanded,before the civil war starts

December 15 2010 at 10:11 PM Report abuse +3 rate up rate down Reply