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Poll: To Reduce Deficit, Most Americans say Tax the Rich Moreby Stephanie CondonCBS News Jan. 03, 2011 |
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 ...and this is why the US is going to implode soviet-style.(Credit: CBS) As Washington gears up for a fight over federal spending and the national debt, lawmakers may want to consider some new polling figures. A survey from CBS News' "60 Minutes" and Vanity Fair magazine shows that most Americans, given a set limited choices for balancing the national budget, would prefer to see taxes increased for the wealthy. As many as 61 percent said they would prefer increasing taxes on the rich over three other options: cutting defense spending, cutting Medicare or cutting Social Security. Another 20 percent chose cutting defense spending as the best option. Just 4 percent said they would cut Medicare, and just 3 percent said they would cut Social Security. Read More 
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