Washington (CNN) – Is increasing taxes on the wealthiest Americans to lower the nation's deficit a good idea?
President Barack Obama thinks so. Monday morning he'll head to the Rose Garden at the White House to present his plan to reduce America's deficit. His proposals include raising taxes on people who make more than $1 million a year. Republicans say it's a bad idea, but billionaire Warren Buffett has said the rich don't pay their fair share of taxes.
So what do Americans think?
According to a CNN/ORC International Poll conducted last month, 63 percent of the public said they were OK with any deficit reduction bill passed by Congress that included increased taxes on higher-income Americans and businesses, with 36 percent opposed to the idea. The national survey also indicated a wide partisan divide, with eight in ten Democrats supporting an increase in taxes and six in ten Republicans opposed. Sixty-two percent of independent voters supported boosting taxes on higher-income Americans and businesses, with 37 percent opposed.
The CNN/ORC poll was conducted in early August, right after the congressional agreement to create a bipartisan "super committee" to lower the nation's massive budget deficit. While the survey is six weeks old, there have been few intervening events since then to dramatically alter opinions on the issue.
- CNN Deputy Political Director Paul Steinhauser contributed to this report.