(GALLUP) 60% of Americans say rate of federal income tax is too high

The following is from Gallup News.

WASHINGTON, D.C. — Americans’ opinions of federal income taxes are the worst Gallup has measured in about two decades.

  • Six in 10 Americans say the amount of federal income tax they pay is “too high,” a level last seen in 2001.
  • Forty-six percent believe the income tax they pay is fair, essentially tying 1999’s 45% as the lowest in Gallup’s trend. A new high of 51% say their income taxes are not fair.
  • More Americans say federal income tax is the worst — or least fair — tax, edging out local property tax.

These results are based on Gallup’s annual Economy and Personal Finance survey, conducted April 3-25.

Growing Percentage Say Income Taxes Are Too High

The 60% of Americans who say the amount of federal income tax they pay is too high is up six percentage points from a year ago and 15 points from the recent low measured in 2018 and 2019. Meanwhile, 36% of Americans say their federal income tax payments are “about right,” while 3% say they are “too low.”

Historically, most shifts in opinion have occurred between the “too high” and “about right” categories, with little change in the percentage “too low.”

In all but a few measures, more have said their taxes were too high rather than about right.

Americans were last this critical of income taxes in 2001, before George W. Bush signed the first of two major tax cut laws passed during his term.

Since then, no presidents have significantly raised federal income tax rates for lower- and middle-income Americans, but Democratic Presidents Barack Obama and Joe Biden both raised taxes on upper-income Americans and corporations. (Continued…)

Read more here.

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4 thoughts on “(GALLUP) 60% of Americans say rate of federal income tax is too high”

  1. 55% percent of the American wage earners are not paying income taxes because they do not have any tax liability. In the 50th to 60th percentile range, tax credits have have some people paying no taxes and getting money from the Feds.
    I used to volunteer to prepare taxes for the low income and elderly citizens. A single woman with an income of $20,000 received $10,000 worth credits.

    My Point: 5 to 10% of the people complaining are not paying Federal Income Taxes

  2. History Lesson:
    In the early years of America, property owners paid taxes, along with certain professions, like doctors, lawyers, etc that had a steady cash income. If you did not own land you did not have a tax liability but you could not vote.
    The idea being that if you did not pay taxes, you did not care how much money the government spent. And if you paid taxes you would control wasteful spending.

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