Surtax on rich folks is most popular of 26 different ways to reduce deficits
How many Republican politicians are willing to heed THIS ADVICE from the American populace?
[A new Wall Street Journal/NBC News survey] listed 26 different ways to reduce the federal budget deficit. The most popular: placing a surtax on federal income taxes for those who make more than $1 million per year (81 percent said that was acceptable), eliminating spending on earmarks (78 percent), eliminating funding for weapons systems the Defense Department says aren’t necessary (76 percent) and eliminating tax credits for the oil and gas industries (74 percent).
The least popular: cutting funding for Medicaid, the federal government health-care program for the poor (32 percent said that was acceptable); cutting funding for Medicare, the federal government health-care program for seniors (23 percent); cutting funding for K-12 education (22 percent); and cutting funding for Social Security (22 percent).
The answer to my question, of course, is none. Republican politicians are owned by the plutocrats, which means they’re more willing to cut funding for education than to restore tax rates on the richest Americans to the levels of just 10 years ago.