Froma Harrop SPELLS IT OUT:
Poll after poll shows that the American people want higher taxes. That’s not the same as liking higher taxes. The people have simply concluded that higher taxes are preferable to the alternative — so vividly portrayed in the Republican plan to do away with government guarantees in Medicare.
A Quinnipiac poll found that 69 percent, including nearly half of Republicans, want taxes raised on households making more than $250,000. A later Ipsos/Reuters polls shows three-fifths wanting to raise taxes to cut the deficit.
Many voters who bought the voodoo that tax cuts automatically pay for themselves, and more, are older now, and some are wiser. America must curb spending for sure, but clearly no tolerable path away from the deficit cliff can skirt the revenue side — especially when federal tax collections (relative to the gross domestic product) are the lowest they’ve been in 60 years.