Poll shows support for Obama's tax plan
Poll shows support for Obama's tax plan
By NICK GASS at Politico
http://www.politico.com/story/2015/02/obama-capital-gains-tax-plan-115417.html?hp=l3_4
"SNIP...................
President Barack Obamas plan to raise capital gains taxes on wealthy families is winning public approval, according to a new survey.
When asked whether theyd favor increasing the capital gains tax on stocks owned by households making more than $500,000 per year, 56 percent of those surveyed said they would, in the latest Associated Press-GfK poll. And 68 percent of respondents said wealthy households pay too little in federal taxes. Among middle-class households, 60 percent said that theyre paying too much.
Story Continued Below
A plurality of 47 percent also agreed that a fee should be instituted against financial institutions and banks with assets of more than $50 billion.
The poll comes on the heels of the presidents State of the Union address last month, in which he pushed for an end to loopholes that lead to inequality by allowing the top 1 percent to avoid paying taxes on their accumulated wealth.
...................SNIP"