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Americans Think Taxing the Rich is Good for the Economy and Fairness

By an almost two-to-one margin Americans think raising taxes on people making over $250,000 a year would both help the economy and make our tax system more fair. This is the result of a new Pew Research poll.

Not surprisingly there is a large partisan divide on an issue so politically fundamental as taxes. Democrats think it is a good thing, while Republicans think it is a bad thing. What is important politically is that Independents mainly side with Democrats in saying increasing taxes on the rich would help the economy.

Of course we have long known that raising taxes on the rich is popular. It is one of the reasons Obama made it such a prominent promise of his 2008 campaign. Now after having completely failed to enact this change during his first term, because he barely even tried, Obama gets to campaign on the exact same promise all over again.

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Americans Think Taxing the Rich is Good for the Economy and Fairness

By an almost two-to-one margin Americans think raising taxes on people making over $250,000 a year would both help the economy and make our tax system more fair. This is the result of a new Pew Research poll.

Not surprisingly there is a large partisan divide on an issue so politically fundamental as taxes. Democrats think it is a good thing, while Republicans think it is a bad thing. What is important politically is that Independents mainly side with Democrats in saying increasing taxes on the rich would help the economy.

Of course we have long known that raising taxes on the rich is popular. It is one of the reasons Obama made it such a prominent promise of his 2008 campaign. Now after having completely failed to enact this change during his first term, because he barely even tried, Obama gets to campaign on the exact same promise all over again.

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Jon Walker

Jon Walker

Jonathan Walker grew up in New Jersey. He graduated from Wesleyan University in 2006. He is now living in the Washington DC area. He created a politics and policy blog, The Walker Report (http://jwalkerreport.blogspot.com/).