Tax Reduction: For All or For Some?
In a recent Zogby Interactive survey of adults nationwide, respondents were asked to choose a statement that came closest to their view on tax reduction. About 60% of the sample strongly or somewhat agreed that all Americans would benefit from drastically reduced taxes, while 36% of the respondents strongly or somewhat agreed that not all Americans would benefit from drastically reduced taxes. Less than 5% chose neither of the statements or “not sure.”
Significant differences were found between ideological groups. About 86% of conservatives strongly or somewhat agreed that all Americans would benefit from drastically reduced taxes, compared to 47% of moderates and 22% of liberals. Those without a college degree (66%) were more likely to see universal benefits in drastic tax reduction than those who are college-educated (51%). Along party lines, 59% of Democrats believe that drastically reduced taxes benefit only part of the population, in contrast to 15% of Republicans and 29% of Independents. Other groups who were more likely to agree with the all-embracing benefits of tax reduction are Protestants (69%), gun owners (72%), respondents who have a child under 17 years old (69%) and those who shop at Wal-Mart at least a few times per month (73%).
Where do you stand on the issue of tax reduction? Do you believe that all Americans would benefit from tax reduction? If not, who do you think would benefit most from tax reduction? On a more personal level, how would tax reduction affect your life?








Income tax cut? How would a person with a billion in assets and who pays a maximum of 15% capital gains on his spending money benefit from a reduction in income taxes? His taxable INCOME doesn’t cover his green fees and bar bill. Pocket change.