Poll: Among Cliff-Avoidance Options, Most Favor Targeting Wealthy - East Idaho News
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Poll: Among Cliff-Avoidance Options, Most Favor Targeting Wealthy

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GETTY B 020912 TaxesMoneyUS?  SQUARESPACE CACHEVERSION=1354076654134Ingram Publishing/Thinkstock(NEW YORK) — With the fiscal cliff drawing closer, raising taxes on wealthy Americans remains a popular option. The public divides closely on reducing federal income tax deductions, while two-thirds oppose another possibility, which is raising the age for Medicare eligibility.

Sixty percent in this ABC News/Washington Post poll support raising taxes on incomes more than $250,000 a year, long a popular option overall, but also a divisive one: While 73 percent of Democrats and 63 percent of independents are in favor, far fewer Republicans, 39 percent, agree.

Notably, “strong” support for raising taxes on the well-off is nearly double strong opposition, 42 vs. 23 percent. That’s because 57 percent of Democrats are strongly in favor, as are 42 percent of independents, vs. just 22 percent of Republicans.

While well short of a majority, support for a tax increase among four in 10 Republicans may provide some wiggle room to Republican leaders seeking compromise. Some, notably, have indicated a willingness to back off from the no-tax pledge many have taken.

Results of this poll echo the national exit poll in the presidential election, in which, given other options, 40 percent of Mitt Romney’s supporters favored raising taxes either on the wealthy (28 percent) or on all Americans (12 percent). That rose to 79 percent among Obama’s supporters — 66 percent favoring a tax hike on the well-off, 13 percent on everyone.

DEDUCT – Americans divide on another item on the table, reducing income-tax deductions. In a question testing the concept generally — that is, without suggesting that wealthier Americans would be harder hit — 49 percent oppose limiting deductions, while 44 percent are in favor. On this option, strong opposition exceeds strong support, although intensity isn’t high on either side, 28 vs. 20 percent.

Partisan divisions on this question are less pronounced than they are on a tax hike for the better-off: Support ranges from 45 percent of Democrats and independents to 39 percent of Republicans; opposition, 48 to 51 percent across these groups. “Strong” opposition, likewise, is similar across partisan groups, 26 to 30 percent.

Openness to raising taxes on higher-income Americans suggests that views on limiting deductions might gain popularity to the extent that this approach, too, is targeted at the wealthy. Indeed, opposition to limiting deductions peaks at 58 percent among $100,000-plus income earners, vs. 47 percent among those with household incomes less than $50,000.

MEDICARE – Sixty-seven percent in this poll, produced for ABC by Langer Research Associates, oppose another suggestion, raising the Medicare eligibility age from 65 to 67.  And on this idea, strong opposition surpasses strong support by more than 3-1, 49 to 14 percent.

Opposition to increasing the Medicare eligibility age crosses partisan and ideological lines; it’s 68 percent or more among Democrats and Republicans and liberals and conservatives alike. Instead views relate to age; opposition peaks at 78 percent among adults age 50-64. It’s also higher among women and people with less than $100,000 incomes, compared with men and the better-off.

Views on raising the Medicare age are about the same now as they were in a similar question asked in 1997. However, support was 16 points higher than it is now — 46 percent vs. 30 percent — in a 2011 question that specified the change would be gradual, and was proposed “in order to reduce the national debt.” Similarly, support for raising taxes on the wealthy was higher, by 12 points, when it was posed in the context of debt reduction. These results suggest that what may matter in fiscal cliff talks is not only what’s cut or raised — but how and why.

Copyright 2012 ABC News Radio

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