Voters Are Buying Obama's Argument on Taxes
The latest Pew survey shows something of a breakthrough for the Obama campaign. Since last fall's unveiling of the American Jobs Act, Obama has hammered home the “fairness” of raising taxes on high income earners. This rhetoric has made its way into almost every speech from the president, and is a key part of his second term agenda. According to Pew, it seems that Obama’s persistence has had an effect—by two to one, 44 percent to 22 percent, Americans say that raising taxes on the rich would help rather than hurt the economy:
There’s been some question of timing with regard to the Obama campaign’s attacks on Bain Capital. “If these are so effective,” goes the argument, “then why has Obama deployed them this early in the cycle?” The answer is fairly straightforward—they are the prelude to a broader attack on Mitt Romney’s policies. The Obama campaign almost certainly plans to tie Romney’s taxes, finances, and business practices to his support for upper-income tax cuts, corporate tax cuts, and a smaller, weaker safety net. This survey is a sign that, when these attacks are unveiled, they’ll reach an increasingly receptive public.
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