Tax season is here and more than two-thirds of Americans think the wealthy pay too little in federal dues, according to a new poll. What’s more, six in 10 say the middle class pays too much.
The Associated Press-GfK poll, which comes in the wake of President Barack Obama’s proposals in his 2016 budget to raise investment taxes on high-income American families, found overall that 56% of respondents think their own federal taxes are too steep.
It also found widespread support for specific tax-raising measures: A bid to raise capital gains taxes on households with incomes greater than $500,000 saw support at 56%, while only 16% opposed it. And a new tax on banks was supported by 47%, while only 13% opposed it.
The estate tax did not fare as well. Thirty-six percent opposed what would require estates to pay taxes on inherited assets, while 27% approved. Despite the poll’s apparent show of support for the President’s proposals, none are expected to win the support of the Republican-controlled Congress.
[AP]
- Prince Harry Breaks Royal Convention to Testify in Court
- How Safe Is India's Railway Network?
- Column: How the World Must Respond to AI
- Elliot Page: Embracing My Trans Identity Saved Me
- How a Texas High Jumper Has Earned Nearly $1 Million
- What the Debt Ceiling Deal Means for Student Loan Borrowers
- LGBTQ Reality TV Takes on a Painful Moment
- 7 Ways to Get Better at Small Talk
