According to a new poll, 61% of Americans say that the first step toward balancing the budget should be raising taxes on the richest Americans.
Only 20% thought that the first step should be to cut defense spending, while 4% wanted to start by cutting Medicare, and 3% wanted to cut Social Security (the third rail is still in place!).
Ironically, raising taxes on the wealthy was even relatively popular among the wealthy, with 46% of people making more than $100,000 a year supporting it.
So why were the Republicans so insistent on reinstating the Bush tax cuts on the wealthiest Americans, that they threatened to bring Congress to a standstill if they didn’t get their way?