Poll: Obama has large mandate to raise taxes on the rich

Americans overwhelmingly believe President Obama has the right to raise taxes on the GOP protected class.

This should add more fuel to the fire for Obama to force this issue with Republicans. Boehner’s bizarre attempt to show compromise yesterday, by digging in his heels for permanent tax cuts for the top 2%, is so far from what anyone outside of that little group wants.

More on the NBC News/WSJ Poll via CNBC:

By 65 percent to 28 percent, respondents to the survey preferred that political leaders compromise to reach a deal—even if that means tax increases and cuts in Social Security and Medicare—rather than stick to their positions and allow across the board tax hikes and spending cuts on Jan. 1. The telephone survey of 1,000 adults, conducted Dec. 6-9, carries a margin for error of 3.1 percentage points.

But on the specific measures that might be part of a compromise, public opinion favors Obama’s views. Fully 68 percent said Obama “has a mandate” from the November election to cut taxes on families earning less than $250,000 per year; 65 percent said he has a mandate for “increasing taxes on the wealthy and reducing federal spending.”

Some 59 percent said Obama has a mandate to eliminate the Bush tax cuts on incomes above $250,000. And an overwhelming 76 percent said that higher tax rates on incomes that high would be an “acceptable” element of a compromise to avoid the fiscal cliff.

Americans are also saying that they want “compromise,” though so far, no solid majority can point to any specific areas where they want the budget cut. We also know that austerity is not the way, as it’s crashing the UK and European economies. The one point most can agree on though, is that taxes must go up for the Republican protected class.

I’m certainly not clear on why we need “entitlement” cuts since the budget problems have everything to do with Bush’s lies about the tax cuts not adding to the deficit and the wars being necessary and quick, so someone is going to have to help me out. Instead of people repeating this idiotic “we want compromise” they need to be very specific and say what they want cut.

The economy is still soft thanks to Bush’s lies, and it won’t be strong for years. Cutting “entitlements” won’t do anything to help, and it will only hurt those who need it due to tax cuts for the rich and unnecessary wars.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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21 Responses to “Poll: Obama has large mandate to raise taxes on the rich”

  1. rrock0267 says:

    they, uh, did not get their asses “kicked”. Obumme won by less than 2% and the republicans retained the house. Not exactly a mandate.

  2. rrock0267 says:

    I guess you are ignorant of the fact that 48% of ALL AMERICANS pay ZERO in federal incomes taxes already. Polls mean nothing when the majority of people vote for the minority to pay more.

  3. karmanot says:

    It may mean that Obama is a grueling POTUS.

  4. karmanot says:

    —-Having stabbed his own candidate in the back—just like his none support for Elizabeth Warren.

  5. Ninong says:

    What Obama should do is demand that the Republicans vote on the Senate bill to extend the tax cuts for all income under $250,000 and he should do it publicly EVERY DAY from now on. He should ask the public to call their representatives and demand that they take that vote so that the people can see who is refusing to give tax breaks to 98% of Americans unless they get their way and keep the tax breaks for incomes above $250,000.

    It’s not just the 47% that don’t matter to the Republcans, it’s 98% of Americans. They answer only to the Koch Brothers and Sheldon Adelson and all the other billionaires who control the Republican party.
    Do I really expect Obama to do that? Unfortunately, no! He will probably roll over just like he did on the Susan Rice debacle! Remember how John Boehner described his last “compromise” with Obama on raising the debt ceiling? When a reporter asked him if he was happy he said, of course he’s happy: “I got 98% of what I wanted. Why wouldn’t I be happy?”

    Boehner not only rolled Obama, he made sure the entire world understood that he did it. I wish it would be different this time but I have my doubts. I wouldn’t be at all surprised if we end up raising the Medicare eligibility age to 67 and changing the way the Social Security COLA adjustment is calculated to make it less favorable than the current method. I would like to see the rules changed so that everyone pays into Social Security on all of their earned income with no cutoff. They should do that before that consider any other changes that will impact people at the lower end of the economic scale.

  6. Papa Bear says:

    let’s see…is Obama still president? Then, yes, the Rethugs are still running the show…

  7. Drew2u says:

    They just want to keep their own money at the expense of 98% of the population. They know exactly where their heads are. I can’t say the same for the people who voted them into office.

  8. Moderator4 says:

    She is out of here. Thank you, a Reader in Colorado.

  9. A reader in Colorado says:


  10. A reader in Colorado says:

    This guy is spamming every story.

  11. A reader in Colorado says:

    Yes, it’s too bad that Obama does not.

  12. Sin with the multitude, and your responsibility and
    guilt are as great and as truly personal, as if you alone had done the

  13. benb says:

    This is ridiculous. Obama says that Everyone will get to keep the Bush tax cuts on income up to $250,000. Earn $260,000 and one will pay a little more on that $10,000 above $250,000. It’s simple and obvious and more fair.

    The Republicans need to pull their heads out of the Bubble before they get their asses kicked like they did in November.

  14. emjayay says:

    The end of the stupid Bush tax cuts was a year ago. I don’t see why raising income tax rates up to Clinton rates is (theoretically) even an issue. Nothing should be bargained to get that. The last thing that should be bargained is screwing people accessing SS or Medicare. How about fixing them by raising the income cap for payroll taxes to pay for them? How about structural reforms in Medicare, not raising the age, which by polling Americans do not want, making it politicaly stupid besides being just plain wrong?
    Apparently the “fiscal cliff” includes raising capital gains taxes from 15 to 20%. How about raising them to what they were under Reagan, the same as earned income? Panetta claiming that the defense cuts under the “fiscal cliff” are the end of the world is bullshit. What’s so bad about having still more money than the next ten or twenty countries to spend? You have less money. OK, close a hundred overseas bases. Cut a couple of weapons programs. Bring more troops home.
    The “fiscal cliff”, while more austerity oriented than necessary, is not that bad a thing. After that, restoring middle class income tax rates to the Bush rates could be passed. I am baffled by the Obama administration’s apparent position in these negotiations. When you have the cards you hold, not start waffling and giving shit away for no reason.
    It’s not even that hard – the public will agree.

  15. Ted says:

    What does that mean?

  16. Naja pallida says:

    We’ll know if they’re running the show if he nominates John Kerry. Though Kerry is probably well qualified, it would be a very dumb move to make him give up his Senate seat at this point. That would put his seat up for a special election that corporate partisan interests will essentially attempt to devour in an attempt to crown Scott Brown. Since it will be a lone election that will undoubtedly have poor turnout, as most special elections do, they can focus all their attention on it.

  17. Naja pallida says:

    See, there’s the problem, you attach the word ‘mandate’ to it, and he automatically thinks it has something to do with gays dating and this forces him into the ‘fierce advocate’ role that he is so awesome at.

  18. FunMe says:

    OT “Breaking news:
    Susan Rice withdraws from Secretary of State running”

    Are the republiCONs still running the show???

  19. Dave of the Jungle says:

    Some people think elections matter.

  20. samiinh says:

    Things haven’t changed much since Dickens’ days: are there no prisons? are there no workhouses?

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