As Congress and the president continue to battle on debt ceiling, the majority of young Hispanics say they prefer spending cuts over raising new taxes to get the economy on track, a new poll suggests.
According to Generation Opportunity, Hispanics ages 18-29 say they want to see less government interference, lower taxes on business profits and reduced federal spending in general.
Nearly 70 percent say they prefer reducing federal spending to raising individual taxes in order to balance the federal budget. The majority believe that if taxes on business profits were reduced, companies would be more likely to hire. A 56 percent majority also agreed “the economy grows best when individuals are allowed to create businesses without government interference.”
“Young Americans in every community across the nation have been negatively impacted by unemployment and the lack of opportunity—especially within the Hispanic community—and they know the solution to recovery is not more federal spending, taxes and interference with those who have the courage and resources to create jobs,” says Generation Opportunity President Paul Conway.
The organization recently released information saying that young people were disappointed in President Obama’s economic policies, with a third of them saying they do not approve of his handling of youth unemployment.
“If elected leaders in Washington think the generation they encouraged to get involved in reshaping the future of America is now simply going to sit back, take instructions to be patient and remain hopeful as they watch their dreams and country put at risk, then they are out of touch with the very citizens who granted them their trust and vote,” Conway says.
Commissioned by Generation Opportunity and conducted by inc./WomanTrend, 600 people were polled April 16-22. Margin of error is plus or minus 4 percent.
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