Republicans Support Raising Taxes to Reagan Levels

A new GBA Strategies poll finds that Republican voters are divided over the idea of increasing taxes on wealthy U.S. taxpayers.

“When asked whether they support raising the tax rate on personal income above $1 million annually, 36% of Republicans supported the plan and 47% of Republicans were opposed. The rest were undecided.”

“But when asked whether they supported raising the personal income tax on those earning $1 million a year to 50%, ‘the same rate taxed under President Reagan,’ Republicans shifted their support, with 53% supporting and 33% opposing.”