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News Link • TAXES: State

61 percent say tax the rich to fix budget deficit


Americans of all income levels overwhelmingly favor raising taxes on the rich over any other method available to reduce the budget deficit, a new poll has found.

According to a survey conducted for Vanity Fair and CBS, 61 percent of Americans prefer increasing taxes on the wealthy as the first step to balancing the budget. By comparison, only 20 percent chose the second-most popular option -- cutting defense spending.

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