WARNING: Signfiicant Democrat memery ahead. Still there were a few nuggets worth excerpting, hence why I posted. ~JMFhttp://www.marketwatch.com/story/most-americans-dont-want-or-need-a-tax-cut-2017-09-27by Rex Nutting
September 27, 2017
There may have been a time, a generation ago, when cutting tax rates was the most popular thing a politician could do. But that day is long gone. I guess you might say Americans are tired of tax cuts, there have been so many.
Today, most Americans aren’t clamoring for lower taxes, probably because most of us don’t pay very much in federal income taxes. Our tax burden has rarely been lower. The latest data show that the 60% of families in the middle of the income distribution — those between about $32,000 and about $140,000 — pay an average of just 2.5% of their income in federal income taxes.
Nearly half of Americans owe no federal income tax at all(.) If they have a problem with taxes, it’s not with the federal income tax.
In an NBC/ Wall Street Journal poll, 62% of those polled said taxes should go up on the wealthy, and 55% said taxes should rise for corporations. Meanwhile, 53% said their own taxes should stay where they are.
(excerpt)
