Raising income taxes for wealthy Americans is the most popular way of reducing the federal debt, according to the latest Gallup poll.

The survey, conducted in September, asks Americans whether they support a range of methods aimed at reducing the federal debt, which has ballooned in recent years to more than $37 trillion.

Only two proposals receive a majority support of U.S. adults: 63 percent back “increasing income tax rates for upper-income Americans,” and 54 percent support “increasing tax revenues by making major changes to the current federal tax code.”

Among those who favor increasing taxes on the rich are 86 percent of Democrats, 62 percent of independents and 38 percent of Republicans.

The parties are less polarized on making changes to the tax code, which is favored by 64 per

See Full Page