A new poll indicates a majority of Americans are OK with raising taxes on incomes over $250,000 per year as part of a deal to prevent the country from falling off the fiscal cliff.
A Quinnipiac University national survey released Thursday is the second in two days and third over the past week and a half to indicate public support for raising taxes on households making more than $250,000 per year. A tax increase for high income Americans has been a major sticking point between President Barack Obama and congressional Republicans in negotiations to avert the fiscal cliff.
Last year Congress and President Barack Obama agreed to a program to reduce the federal deficit that is referred to as the fiscal cliff. Unless Congress and the president reach an agreement by the end of the year, tax rates will automatically rise next year for nearly all Americans and major spending cuts will automatically begin to kick in for most government spending programs, including military programs.
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