Economy

Republican Populism Isn't Popular

At least when it comes to the Bush tax rates. A new CBS poll:

Fifty-three percent of respondents said Congress should extend the tax cuts only for Americans earning less than $250,000 a year, while just 26% said tax cuts should be extended for everyone. Fourteen percent of respondents said Congress should allow all the tax cuts to expire.

26 percent support. That means it's hugely popular and the Republicans are being populists, right? I think I'm watching too much cable news.