Friday, January 23, 2015

Ronald Reagan Convinces GOP Voters To Support Tax Hikes. Seriously.

Well this quite interesting:

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.

Okay, a solid plurality of GOP voters are against raising taxes on millionaires. Nothing new here, right?  But if we continue reading:

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.

Behold, the power of Ronaldus Magnus. The mere mention of the Gipper caused a not so insignificant portion of conservatives to do a complete 180 and actually support raising taxes on the job creators!

But hey, I'm not complaining. At this point I'm sure many on the Left would be willing to accept any path to progressive legislation, regardless of the rationale behind it.

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