The basic logic is that people recognize that they owe a debt to society for the things they take from society and that they get a big return on the taxes they do pay and that the small amount that you get for so-called “tax cuts” is nowhere near worth the loss in cut government programs it causes:
Bruce Bartlett, columnist for The Fiscal Times and former staff to Presidents Reagan and GHW Bush, does a tremendous service by compiling all the recent polls proving support in the electorate for raising taxes. There are 19 of them since the beginning of the year. Here’s just a snippet from the last few months, as the debt ceiling and budget debates have heated up:
June 9 Washington Post/ABC News poll found that 61 percent of people believe higher taxes will be necessary to reduce the deficit.
A June 7 Pew poll found strong support for tax increases to reduce the deficit; 67 percent of people favor raising the wage cap for Social Security taxes, 66 percent raising income tax rates on those making more than $250,000, and 62 percent favor limiting tax deductions for large corporations. A plurality of people would also limit the mortgage interest deduction.
A May 26 Lake Research poll of Colorado voters found that they support higher taxes on the rich to shore-up Social Security’s finances by a 44 percent to 25 percent margin.
A May 13 Bloomberg poll found that only one third of people believe it is possible to substantially reduce the budget deficit without higher taxes; two thirds do not.
A May 12 Ipsos/Reuters poll found that three-fifths of people would support higher taxes to reduce the deficit.
A May 4 Quinnipiac poll found that people favor raising taxes on those making more than $250,000 to reduce the deficit by a 69 percent to 28 percent margin.
There were eight of them in April alone, from Gallup (76% say higher taxes); USC/Los Angeles Times (California voters favor raising taxes by a 2-1 margin); New York Times/CBS News (72% say raise taxes on the rich); Washington Post/ABC News (72% again say raise taxes on the rich); and etc.
This is where the American people are and have been for quite some time.
Via Daily Kos