As President Obama advocates a boost in the marginal income tax rates on the wealthy (a plan that has zero chance of passing, of course), a new poll of Republican voters shows strong opposition — until you ask the question slightly differently, asking if they support setting the rate where it was when Reagan was in office.
Republican voters are divided over the idea of increasing taxes on wealthy U.S. taxpayers, according to a new GBA Strategies poll first shared with The Hill.
When asked whether they support raising the tax rate on personal income above $1 million annually, 36 percent of Republicans supported the plan and 47 percent of Republicans were opposed. The rest were undecided.
But when asked whether they supported raising the personal income tax on those earning $1 million a year to 50 percent, “the same rate taxed under President Reagan,” Republicans shifted their support, with 53 percent supporting and 33 opposing.