9:01 AM Eastern - Tuesday, September 21, 2010

Strong Support for Extending Middle Class Tax Cuts while Letting Taxes for the Wealthy Expire

An SEIU poll of likely voters in seven 2010 battle ground states shows strong support for letting tax cuts expire for those making over $250,000 a year.
A majority of voters (55 percent) indicate support for allowing tax cuts to expire for the wealthiest filers, including 40 percent who think that the tax cuts should be allowed to expire for the top earners and another 15 percent who say that all tax cuts should be allowed to expire. This holds true whether the cutoff is $1 million a year or $250,000 a year.
The poll was conducted in California, Colorado, Illinois, Nevada, Pennsylvania, Washington, and Wisconsin. SEIU President Mary Kay Henry had this to say about the results:
"We need to make this a more fair economy, and that means no more Bush-era tax giveaways to the rich. If we are going to get this country on the right track, we need to create good jobs and put more money in people's pockets. This poll shows that Americans of all stripes agree that working families and small businesses need and deserve a tax cut."
A strong majority in every state polled favors a proposal that replaces tax cuts for those making MORE than $250,000 a year with "lower income taxes for families that make less than 250 thousand dollars a year and provide a series of additional tax cuts and credits to help middle class families pay for child care, save for their kids' college, or afford to buy a home." The plan is also wildly popular with independents. Support is also strong at the $1m threshold. Chart below. State by state breakdown of the proposal at the $250,000 level: Also, the poll undercuts Republican arguments about the efficacy of cutting taxes on the wealthiest among us.
A majority of voters think the Bush tax cuts either made no difference on the economy (26 percent) or hurt the economy (27 percent). Only 39 percent think that they have helped the economy, and these respondents are primarily Republican voters (66 percent). A plurality--46 percent--say that the Bush tax cuts made no impact on their personal financial situation. Again, only 39 percent said that the tax cuts were personally good for their families (61 percent Republicans).
These results come just one week after a Moody's Analytics study (via Bloomberg News) found that tax cuts for the rich us are saved and not re-invested into the economy. The poll was conducted by Greenberg Quinlan Rosner and surveyed 2,800 likely voters across seven 2010 battleground states (400 per state).

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