56% of Americans Want to Tax the Rich to Pay for Iraq
Tom Curry writes, "George W. Bush is in the worst political trouble of his presidency, according to a new NBC News/Wall Street Journal poll released Wednesday night. Bush's approval rating now stands at 49 percent, the lowest point of his tenure... Presented with various options for raising the money to pay for the Iraqi project, 56% of respondents said they'd opt for repealing the portion of the tax cuts that Congress passed last May that benefits upper-income taxpayers... But it is hard to imagine that GOP congressional leaders would ever allow a bill to rescind the upper-income tax cuts to come to a vote. And for Bush to agree to repeal of any portion of the tax cuts is unthinkable. Politically it would be futile: It would gain him no credit among those voters who are already inclined to boot him out of office. Worse still, it would alienate the core Republican loyalists whose votes he must have in order to win the election."
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