Wondering why President Obama seems so determined to stick to his guns on raising tax rates for the rich? Here’s one key reason…
A new Politico/George Washington University poll finds that 60% of Americans support hiking rates on those making over $250,000 a year, while just 38% oppose doing so. In other words, Obama’s position is overwhelmingly popular.
The result jibes with other polls on the subject in recent years. And of course, Obama campaigned explicitly on a pledge to allow the Bush tax cuts on high-earners to expire.
Zachary Roth