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Sixty-eight percent of respondents to a new AP poll said the wealthy aren't paying enough in taxes. (Photo: Yuri Keegstra/flickr/cc)
The wealthy aren't paying enough in federal taxes.
So said 68 percent of respondents to a new Associated Press-GfK poll (pdf). Sixty percent of respondents also said that the middle class is paying too much in federal taxes, and 41 percent held that belief about low-income households.
President Obama outlined last month a proposal to raise the capital gains tax on those with incomes over $500,000. A majority of poll respondents--56 percent--said they were in favor of such a proposal.
Obama's plan was to increase the capital gains tax rate to 28 percent--the rate they were set at under President Reagan-- which Dave Johnson of Campaign for America's Future described as "a huge step in the right direction."
Widespread support for the plan makes sense, as the majority of Americans see inequality as growing, and a previous study found capital gains to be the biggest contributor to income inequality.
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
The wealthy aren't paying enough in federal taxes.
So said 68 percent of respondents to a new Associated Press-GfK poll (pdf). Sixty percent of respondents also said that the middle class is paying too much in federal taxes, and 41 percent held that belief about low-income households.
President Obama outlined last month a proposal to raise the capital gains tax on those with incomes over $500,000. A majority of poll respondents--56 percent--said they were in favor of such a proposal.
Obama's plan was to increase the capital gains tax rate to 28 percent--the rate they were set at under President Reagan-- which Dave Johnson of Campaign for America's Future described as "a huge step in the right direction."
Widespread support for the plan makes sense, as the majority of Americans see inequality as growing, and a previous study found capital gains to be the biggest contributor to income inequality.
The wealthy aren't paying enough in federal taxes.
So said 68 percent of respondents to a new Associated Press-GfK poll (pdf). Sixty percent of respondents also said that the middle class is paying too much in federal taxes, and 41 percent held that belief about low-income households.
President Obama outlined last month a proposal to raise the capital gains tax on those with incomes over $500,000. A majority of poll respondents--56 percent--said they were in favor of such a proposal.
Obama's plan was to increase the capital gains tax rate to 28 percent--the rate they were set at under President Reagan-- which Dave Johnson of Campaign for America's Future described as "a huge step in the right direction."
Widespread support for the plan makes sense, as the majority of Americans see inequality as growing, and a previous study found capital gains to be the biggest contributor to income inequality.