Poll: Majority Want Bush Tax Cuts Extended
A new McClatchy-Marist poll found that a majority of Americans (52% to 43%) -- across nearly all income levels and ethnic groups -- wants the Bush tax cuts extended for everyone, including for those who have incomes above $250,000.
The Bush tax cuts are set to expire on Dec. 31. President Barack Obama has campaigned against the extension, saying he would only continue the Bush tax cuts for those in income brackets below $250,000. Obama has threatened he would veto any attempt by Congress to extend the tax cuts across the board.
Despite Obama’s refusal to extend the Bush tax cuts beyond the $250,000 income bracket, voters aged 18-29 favored extending tax cuts across all income levels by a 69-29 margin, which was the largest margin of any group.
Hispanics (62% to 36%) and Whites (40%-44%) favored full extension of the tax cuts while 48% of blacks favored extending the tax cuts just to incomes below the $250,000 bracket while 47% of Blacks favored extending the tax cuts to all income brackets.
Furthermore, registered voters who made less than $50,000 (53% to 41%) supported extending the Bush tax cuts across all income brackets as well.