Are Republicans Shifting their Position on Taxes?: 47 Percent of Republicans Now Support Tax Increases

In a new poll, more Republicans are supporting a combination of tax increases and spending cuts to reduce the national debt. What do you bet one happens and the other doesn't, and the one that happens won't be to your advantage. We have already witnessed the unwillingness of Republicans to make true cuts to the federal budget--cutting only $61 billion of the $100 billion promised.

From the Washington Post:

A sizable majority of all Americans — and nearly half of Republicans — say the best way to slice the federal budget deficit is by cutting spending and increasing taxes, according to last week’s Washington Post-ABC News poll.

A slender 3 percent of all those polled said the government should focus exclusively on boosting tax revenue to balance its books, but an additional 64 percent said tax increases should be paired with spending reductions. Overall, 31 percent said deficit reduction is best achieved by spending adjustments.

Among Republicans, nearly half, 49 percent, want the focus on cuts, but about as many, 47 percent, said their preferred approach is a combination of both spending cuts and tax increases.