- The Progressive Pulse - http://pulse.ncpolicywatch.org -

Big public support for closing corporate tax havens

Word on the street [1] in our nation’s capital is that prospects for a short-term budget deal may be brightening for a package that funds the federal government and replaces some or all of the sequestration spending cuts for 2014. As budget negotiators continue to work on some kind of bipartisan deal, a recent opinion survey [2] conducted by Hart Research Associates may have a lot to say about what this still nascent deal looks like—specifically, the overwhelming popularity of raising new revenues by closing corporate tax loopholes.

Here are some of the poll’s most important findings:

And support for new revenues spikes even higher when it comes to closing the most egregious tax loopholes, like those that promote shipping American jobs overseas or that those allow hedge fund managers to pay lower taxes than middle class families:

Progressive revenue options polling [3]

These kinds of results make it clear that raising new revenues by closing corporate tax loopholes has strong bipartisan support that Congressional negotiators should consider as they craft a budget deal for 2014.