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applegrove

(118,959 posts)
Fri Jan 18, 2019, 12:07 AM Jan 2019

Alexandria Ocasio-Cortez's 70% tax on the super-rich is more popular than Trump's tax cuts, new poll

Alexandria Ocasio-Cortez's 70% tax on the super-rich is more popular than Trump's tax cuts, new poll shows

Eliza Relman at Business Insider

https://www.businessinsider.com/a-70-tax-on-the-super-rich-is-more-popular-than-trumps-tax-cuts-2019-1?utm_source=reddit.com

"SNIP....

INSIDER asked respondents how they felt about lifting the tax rate to 70% for all income earned over $10 million, while keeping tax rates for income below the $10 million threshold at the current rates.

Overall, 38.7% supported the tax hike, while 34.4% opposed it. 13.5% of respondents said they didn't have an opinion.

Americans generally believe that as incomes increase, so should tax rates. A Reuters polllast October found that three-quarters of Americans believe the wealthiest in society should pay higher tax rates.

So far, Ocasio-Cortez's proposal is polling better than the 2017 Republican tax cuts.

.....SNIP"

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