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Latino Daily News

Monday July 18, 2011

POLL:  Young Hispanics (18-29 Yr Olds) Prefer Spending Cuts Over Taxes by Close to 3-to-1

Generation Opportunity, the new, non-profit, non-partisan organization educating, engaging, and mobilizing young Americans 18-29 years old on the immediate and long-term economic challenges facing the nation – such as the lack of job opportunities and increasing debt and federal spending – is releasing telling new polling numbers on the views of young Hispanics.

Hispanics 18-29 years old want to see less government interference, lower taxes on business profits, reduced federal spending in general, and specifically prefer more cuts in federal spending over raising new taxes to get the economy on track.  The majority believe taxes On business profits are a barrier to more hiring.

Generation Opportunity is a non-profit, non-partisan 501©(4) of young engaged adults that boosts 835,000 fans on Facebook. 

“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. 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,” says Paul T. Conway, President of Generation Opportunity.

Some of the highlights from the poll include: 

• By nearly a 3:1 ratio, Hispanic young adults prefer “reducing federal spending” (69%) to “raising taxes on individuals” (27%) in order to balance the federal budget.
• 70% of Hispanic young adults would decrease federal spending if given the chance to set America’s fiscal priorities.
• A 57%-majority of Hispanics agree that “if taxes on business profits were reduced, companies would be more likely to hire.”