Most Americans say taxing the rich is best way to reduce federal debt: Gallup

Most Americans say taxing the rich is best way to reduce federal debt: Gallup

Raising income taxes for wealthy Americans is the most popular way of reducing the federal debt, according to the latest Gallup poll. The survey, conducted in September, asks Americans whether they support a range of methods aimed at reducing the federal debt, which has ballooned in recent years to more than $37 trillion. Only two…

Americans Favor Spending Cuts Over More Taxes to Cut Deficit

Americans favor spending cuts over tax hikes to reduce the deficit, although a majority of U.S. adults support taxing the wealthy to raise revenue.