Americans' Preferences for Tax Increases and Spending Cuts

9 Pages Posted: 18 Jul 2013 Last revised: 26 Sep 2013

See all articles by Siona Robin Listokin

Siona Robin Listokin

George Mason University - Schar School of Policy and Government; George Mason University - School of Policy, Government, and International Affairs

Yair Listokin

Yale Law School

Samson Mesele

Yale Law School

Date Written: April 8, 2013

Abstract

We conducted a survey to assess Americans’ preferences for revenue increases and spending cuts. A representative sample of 1,000 Americans completed the survey in December 2012. Respondents had a specific deficit reduction goal: cut the projected 2022 deficit by $900 billion, or by two-thirds. Approximately $2.1 trillion in savings were available. Our results suggest that Americans are willing to accept higher taxes and significant cuts to military and non-defense discretionary spending but are much more protective of Social Security and Medicare. This article explains the design of the survey, discusses the results, and compares those results with current deficit reduction proposals.

Keywords: Budget Survey, Fiscal Policy, Tax Policy, Deficit Reduction

JEL Classification: K00, K34

Suggested Citation

Listokin, Siona Robin and Listokin, Yair and Mesele, Samson, Americans' Preferences for Tax Increases and Spending Cuts (April 8, 2013). Tax Notes, Vol. 139, No. 188, 2013, Yale Law School, Public Law Working Paper No. 297, GMU School of Public Policy Research Paper No. 2013-11, Available at SSRN: https://ssrn.com/abstract=2294471

Siona Robin Listokin

George Mason University - Schar School of Policy and Government ( email )

Founders Hall, Fifth Floor
3351 Fairfax Drive, MS 3B1
Arlington, VA 22201
United States

George Mason University - School of Policy, Government, and International Affairs ( email )

Founders Hall
3351 Fairfax Dr.
Arlington, VA 22201
United States

Yair Listokin

Yale Law School ( email )

P.O. Box 208215
New Haven, CT 06520-8215
United States
203-436-2567 (Phone)

Samson Mesele (Contact Author)

Yale Law School ( email )

127 Wall St.
New Haven, CT 06511
United States

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