Sunday, October 26, 2008

What About Joe Sixpack


What About Joe Sixpack, originally uploaded by DeHoll.

From a Sunday, Oct. 25 A-P story:

A majority of Americans — 51 percent in a poll by Gallup this past April — said they support "heavy taxes" on the rich to redistribute wealth. That is significantly higher than when the same question was asked in 1939, at the tail end of the Great Depression, when 35 percent agreed.

But people's support for higher taxes on the wealthy are tempered by their own aspirations.

"Most Americans hope to some day be wealthy and as a result, the idea of kind of redistributing income is not as popular as (government policies resulting in) making a bigger pie so everybody does better off," said Dennis Jacobe, chief economist for Gallup.

... People don't seem as willing to accept: "The rich get richer" as the status quo when they are far from rich.

No comments: