Last week, House Republicans voted once again to repeal the estate tax. This newspaper reported that both parties were excited about the politics, which should mean one of them is wrong. The reality is a bit more complicated, but while the Republican policy is fiscally irresponsible, and morally bankrupt, it […] Read more »
Bloomberg Politics National Poll Finds Improving Economic Mood
Hillary Clinton’s presidential hopes may be buoyed by a more optimistic feeling about President Barack Obama and the economy seen in a new Bloomberg Politics poll. Americans are becoming more optimistic about the country’s economic prospects by several different measures. President Barack Obama’s handling of the economy is being seen […] Read more »
More Americans Say Low-Income Earners Pay Too Much in Taxes
As Americans confront the yearly deadline to pay their federal income taxes, 45% of U.S. adults believe lower-income earners pay “too much.” This sentiment is up roughly five percentage points from recent years, but is still lower than a decade ago. CONT. Justin McCarthy, Gallup Read more »
5 facts on how Americans view taxes
Benjamin Franklin popularized the sentiment that nothing is certain “except death and taxes.” But the public isn’t too keen on the current federal tax system, with 59% saying there is so much wrong that Congress should completely change it (38% say it works pretty well and needs only minor changes). […] Read more »
Candidates and Wealthy Are Aligned on Inequality
Appearing at a candidate forum in late January, three likely Republican presidential contenders — Senators Ted Cruz, Marco Rubio and Rand Paul — all made a striking confession: They considered “the increasing gap between rich and poor” to be a problem. But on the question of whether the government should […] Read more »
High-income Americans pay most income taxes, but enough to be ‘fair’?
Americans don’t much like the federal tax system, a recent Pew Research Center report finds. But it’s not, as you might imagine, because they think they pay too much. Rather, they think people other than themselves don’t pay their fair share. CONT. Drew DeSilver, Pew Read more »