The Fix: tax cuts

Why Democrats are willing to walk off the fiscal cliff

Less than 24 hours after Democrats publicly pronounced their willingness to jump off the so-called fiscal cliff later this year if Republicans refuse to drop their opposition to ending tax cuts for certain income levels, they got a bit of good news: the public is on their side.

A cliff. Not a fiscal one. BEHROUZ MEHRI/AFP/GettyImages
Forty-four percent of people in a new Pew Research Center poll said that a tax increase on incomes over $250,000, which is what President Obama and congressional Democrats are pushing, would help the economy, while 22 percent said it would hurt the economy.

Similarly, 41 percent of Pew respondents said that raising taxes on income over $250,000 would make the tax system “more fair,” while 21 percent said it would make it “less fair”.

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