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June 6th, 2011
05:56 PM ET

Should American wealth be redistributed by taxing the rich?

FROM CNN's Jack Cafferty:

More than a hundred conservatives in the House sent a letter to House Speaker John Boehner and Majority Leader Eric Cantor Monday setting strict guidelines that need to be met in order to get their vote to support an increase to the debt ceiling. These lawmakers are concerned Boehner and Cantor will not push hard enough for spending cuts when they meet with Vice President Joe Biden on Thursday.

(L to R) House Majority Leader Eric Cantor (R-VA), House Speaker John Boehner (R-OH).

(L to R) House Majority Leader Eric Cantor (R-VA), House Speaker John Boehner (R-OH).

Specifically, they're asking for discretionary and mandatory spending cuts that would cut the deficit in half next year. Good luck.

For all the tough talk coming from Republican lawmakers about cutting spending and reducing the deficit, they refuse to give in on one issue - raising taxes, mostly on the rich. Such a move would of course raise revenue at a time when we're facing a $14.3 trillion national debt, but it would also anger wealthy Republican donors. Can't have that.

According to a new Gallup Poll, Americans are split over whether to raise taxes for the rich.

Forty-seven percent of Americans believe the government should redistribute wealth in this country by raising taxes on the wealthiest citizens. Forty-nine percent disagree.

When you break it down by party affiliation, the percentage of Democrats who are for raising taxes on the wealthy is just about equal to the percentage of Republicans against raising taxes.

Seventy-one percent of Democrats support redistributing wealth while 26% are against it. Just 28% of Republicans support a plan to tax more heavily the richest Americans while 69% do not.

When it comes to independents though, it's split. About 43% support redistributing wealth while 53% do not.

Here’s my question to you: Should American wealth be redistributed by taxing the rich?

Interested to know which ones made it on air?

FULL POST


Filed under: Taxes
June 6th, 2011
05:00 PM ET

Is Sarah Palin's publicity stunt helping or hurting Republican chances in 2012?

FROM CNN's Jack Cafferty:

Her "One Nation" tour may be taking a brief pit stop in Arizona, stop but the dust Sarah Palin has kicked up along the way has yet to settle.

The former Alaskan governor started off a well publicized family bus tour in Washington on Memorial Day weekend on the back of a Harley Davidson. From there is was on to visit some national historic sites, pizza with Donald Trump, a testy game of cat and mouse with reporters, and upstaging fellow Republican Mitt Romney the day he announced that he's running for president.

Palin later said she did not mean to distract from Mitt Romney's presidential announcement by visiting New Hampshire on the same day. Sure. She said it was a coincidence she ended up in the first primary state on the same day. Sure.

And then there was her elementary American history mistake over the ride of Paul Revere. While visiting Boston, Palin insisted the essence of Revere's midnight ride was to warn the British soldiers they would have a fight on their hands if they tried to take arms away from Americans. Not exactly.

It's true we all make mistakes. Henry David Longfellow's famous poem about Paul Revere has some historical inaccuracies in it - but at least he got right which side Revere was warning.

Palin defended herself yesterday on Fox News Sunday saying "I know my American history," and gave a long-winded explanation of what she really meant. It's like every time Palin makes a mess, she runs to Fox News where they try to kick sand over it.

She may not know a lot about history, but what she does seem to know how to do is draw attention to herself. And that's not necessarily a good thing for the Republicans whether she decides to run for president or not.

Here’s my question to you: Is Sarah Palin's publicity stunt helping or hurting Republican chances in 2012?

Interested to know which ones made it on air?

FULL POST


Filed under: GOP • GOP Ticket • Republican Party • Republicans • Sarah Palin