The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

President Joe Biden

Photo by Biden For President is licensed under CC BY-NC-SA 2.0

Reprinted with permission from American Independent

President Joe Biden's plan to tax the rich to pay for an infrastructure bill that fixes the country's aging roads, bridges, and transit systems is broadly popular, according to a new Politico/Morning Consult poll published on Wednesday.

The poll found that 54 percent of Americans support raising taxes on corporations and those earning more than $400,000 per year in order to pay for the infrastructure plan, as opposed to 27 percent who said that the proposal should be paid for without those tax increases.

What's more, 57 percent of Americans said they would be more likely to support the infrastructure plan if it raised taxes on people earning more than $400,000, while just 17 percent said it would make them less likely to support the proposal.

The poll comes after several Republicans have pooh-poohed the idea. Senate Minority Leader Mitch McConnell said there won't be "any enthusiasm on our side for a tax increase" and called the infrastructure plan a "trojan horse" for tax increases.

Sen. Susan Collins (R-ME) literally laughed when asked whether she supports raising taxes to pay for an infrastructure plan, MSNBC reported.

"I would not anticipate that it would be well received," Collins said of using tax hikes to pay for infrastructure legislation.

Republicans remain against raising taxes to pay for the infrastructure plan, despite recently raising concerns over the federal deficit. Rising federal deficits were the reason some GOP lawmakers gave to justify their opposition to the popular coronavirus relief bill Democrats passed earlier this month.

Ultimately, just 1.8 percent of taxpayers earn more than $400,000 per year, according to CNBC. Because of the way tax policy in the United States works, only the income over $400,000 would be taxed at a higher rate. For example, a married couple that earns a combined $450,000 would only see a tax increase on the $50,000.

According to CNBC, Biden's infrastructure plan includes $621 billion for repairing bridges, airports, roads, and public transit; $300 billion to upgrade "drinking-water infrastructure, expanding broadband access, and upgrading electric grids;" and $300 billion to build and update schools, among other facilities.

Published with permission of The American Independent Foundation.

From Your Site Articles
Related Articles Around the Web

Advertising

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Jeff Danziger lives in New York City. He is represented by CWS Syndicate and the Washington Post Writers Group. He is the recipient of the Herblock Prize and the Thomas Nast (Landau) Prize. He served in the US Army in Vietnam and was awarded the Bronze Star and the Air Medal. He has published eleven books of cartoons, a novel and a memoir. Visit him at DanzigerCartoons.

Ralph Reed

CHARLOTTE, N.C. — In a Colorado church early this summer, one of that state’s Republican representatives, House member Lauren Boebert, spoke, as she always does, with definitive conviction: “The church is supposed to direct the government. The government is not supposed to direct the church. … I’m tired of this separation of church and state junk that’s not in the Constitution.”

Keep reading... Show less
{{ post.roar_specific_data.api_data.analytics }}