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Economy
55% Say Their Taxes are Fair - 50% Pay No Income Tax - Doh!
2013-04-16
This Tax Day, 55% of Americans regard the income taxes they have to pay as fair, the lowest percentage Gallup has measured since 2001.

The poll also finds half of Americans saying their income taxes are "too high," with most of the rest (45%) saying they are about right. Two percent believe their taxes are "too low."

Although a majority of Americans still believe the income taxes they pay are fair, the 55% who say so is the lowest Gallup has measured since 2001, before the first of two rounds of federal income tax cuts went into effect. Since the second round of tax cuts in 2003, income taxes have held at about the same level, though Congress and the president did agree to raise income taxes on the wealthiest Americans as part of the agreement to avoid the "fiscal cliff" tax increases that were scheduled to go into effect this year.
Posted by:GolfBravoUSMC

#7  AP, that may be freshman logic, unfortunately it is also Politician's economics.
Posted by: AlanC   2013-04-16 15:13  

#6  Give every man woman and child in this country 2 million dollars. That is 320 trillion dollars. Tax them at 50%. Everyone is a millionaire. The government has money. Problem solved.
(/freshman logic)
Posted by: Alaska Paul   2013-04-16 12:23  

#5  At this point, BP is right. 40% of the US federal budget is financed with borrowed or printed money. Soon that figure may be 50%, or 60%. So why not just end the pain now, and borrow or print 100%?
Posted by: RandomJD   2013-04-16 07:54  

#4  Everything exists for the benefit of the government, BP. Off to the re-education camp with you!
Posted by: Spot   2013-04-16 07:49  

#3  100% of people should pay no income tax. The state does not own you, you are not a slave of the state, commerce does not exist for the benefit of the government.
Posted by: Bright Pebbles   2013-04-16 06:37  

#2  Why would they ask those who pay nothing? Makes it a pointless exercise, if you ask me.

But they didn't.
Posted by: Bobby   2013-04-16 06:27  

#1  Margin of error 50%.
Posted by: Besoeker   2013-04-16 05:10  

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