Voters in battleground states overwhelmingly support taxing billionaires to support Social Security benefits, a new poll finds.
More than three-quarters (77 percent) of voters in seven key battleground states supported the idea of raising taxes on millionaires to extend the lifespan of Social Security, according to Bloomberg News/Morning Consult. That’s what it means. The study was announced Wednesday..
Of those surveyed, 57% strongly supported raising taxes on billionaires, and 20% somewhat supported the idea. Only 15 percent of respondents opposed the idea, and 7 percent said they didn’t know.
The survey was conducted among registered voters in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin.
Additionally, 56% of voters support the idea of collecting Social Security taxes on wages over $168,600 per year, meaning that people earning more than that would pay similarly high taxes. It means that something will happen.
Voters in the battleground states surveyed also support cutting benefits for high-income earners, with 28% of respondents strongly supporting cutting benefits for high-income earners and 29% dissenting from this idea. I answered that I supported it to some extent.
According to the survey, Social Security and Medicare are the fifth most important issue for voters heading into the 2024 presidential election, behind the economy, immigration, abortion and democracy.
Respondents said they believe President Biden is more trustworthy to lead senior services than former President Trump. Of those surveyed, 44% said they believed Mr. Biden was the right person to lead senior care services, followed by 39% who said they trusted Mr. Trump to lead senior care services. Similarly, 16% of those surveyed said they did not believe either candidate was trustworthy enough to run senior services.
Biden announced his budget for next year in early March. He called for tax cuts for low- and middle-income households, reforms to strengthen Medicare and Social Security, and higher taxes on millionaires and individuals making more than $400,000 a year.
The survey was conducted April 8-15 among 4,969 registered voters in battleground states and had a margin of error of 1 percentage point.
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