Huffington Post writes that in certain polls (?), 60% of respondents feel the debt deal should have included tax increases on the wealthy.
I really don't know where or how these nuts get their figures - I suppose if you only poll in places like Manhattan or Los Angeles, you would get results like that. But not in "normal" America.
Since yesterday I have asked over 400 people if they think we should tax the rich more. Only 76 said "Yes'. That's less than 20%. And when you understand that roughly 20% of Americans are liberals, that pretty much tells the real story.
Most informed people understand these points:
1) It is ALWAYS a bad idea to raise ANY taxes in a fragile economy, because it removes money from the economy that, even if paid back out in welfare etc., results in a net loss, as nothing is created
2) Taxing the rich only taxes the poor. The rich pass their tax burden onto their customers etc. Taxes are a COB (Cost Of Business), and as such is figured into prices of products/services.
3) The "rich" already pay most of the taxes in this country, while nearly 50% of all other Americans pay ZERO. We do not need to RAISE taxes. We simply need to get the other 50% to pay a fair share.
In any case, I believe America lost in the debt bill that was lost. Without a balanced budget amendment, cutting spending will not result in smaller debt - the debt will continue to grow. The only different this debt deal makes is that it will grow a tad more slowly.
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