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Posted: 8:33 a.m. Thursday, Dec. 6, 2012

Poll on fiscal cliff shows majority favor tax increase on the rich

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By WOKV News Team

Jacksonville, FL —

We first told you on Jacksonville's Morning News the new national poll on the fiscal cliff and what it shows about tax increases and reforms to Medicare.  Here is the entire poll by Quinnipiac University:

American voters give President Barack Obama a 53 - 40 percent job approval rating - his best score in three years - and by a wider 53 - 36 percent they trust the president and Democrats more than Republicans to avoid the "Fiscal Cliff," according to a Quinnipiac University poll released today.

Registered voters say 48 - 43 percent that President Obama and Congress will reach agreement on a plan to avoid tax increases and spending cuts set to go into effect at year's end, the independent Quinnipiac University poll finds.

By a huge 67 - 23 percent margin, voters oppose eliminating the home mortgage interest deduction, but strongly favor, 62 - 28 percent, limiting the deduction to the first $500,000 of mortgage debt. By 56 - 35 percent, voters favor eliminating that deduction for second homes.

Voters 65 - 31 percent support higher taxes on households making more than $250,000 per year, with 84 - 14 percent support from Democrats and 66 - 31 percent support from independent voters. Republicans are opposed 53 - 41 percent.

"Nothing like winning an election to boost your job approval. President Barack Obama hasn't had a score this good since his 52 - 40 percent approval rating May 5, 2011, right after the death of Osama bin Laden," said Peter A. Brown, assistant director of the Quinnipiac University Polling Institute.

"This is only the second time in more than three years that President Obama has broken 50 percent. And voters see Republicans as more likely to be obstructionist, and have less confidence in their ability to come up with the right solution to the nation's financial woes."

American voters say 56 - 38 percent that Obama and congressional Democrats will make a good faith effort to cooperate with congressional Republicans on important issues. By 51 - 43 percent, voters say congressional Republicans will not act in good faith.

Voters are optimistic 58 - 38 percent, however, about the next four years with Obama as president and believe 50 - 26 percent that the economy will get better in the next four years.

If Obama and the Republicans drive the federal government over the Fiscal Cliff, voters say 47 - 23 percent that the automatic spending cuts and tax hikes that go into effect will be bad for the U.S. economy. By a larger 53 - 15 percent, voters say the Fiscal Cliff will be bad for their personal financial situation.

Voter opinions on issues on the bargaining table:

47 - 40 percent support raising the tax on capital gains;
70 - 25 percent oppose cutting Medicaid spending;
51 - 44 percent oppose gradually raising the age for Medicare eligibility;
55 - 41 percent oppose cuts in military spending;
66 percent believe the best way to reduce the deficit is a combination of tax increases and spending cuts.

"The 48 - 43 percent belief that President Obama and both parties in Congress can avoid the Fiscal Cliff is hardly a strong vote of confidence that the folks in Washington can avert the supposed financial catastrophe they all say they want to avoid," Brown said.

Abolish the Electoral College in favor of direct popular vote for president, American voters say 60 - 29 percent. Republican, Democrats and independent voters all support the idea by wide margins.

It's a bad idea to sign a no-tax pledge, voters say 85 - 10 percent, including 77 - 15 percent among Republicans.

From November 28 - December 3, Quinnipiac University surveyed 1,949 registered voters nationwide, with a margin of error of +/- 2.2 percentage points. Live interviewers call land lines and cell phones.

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