You may be yelling at your monitor “not again!” after reading this new poll.
According to a recent Gallup survey, more than two-thirds (67 percent) of Americans think corporations are not paying their fair share of taxes. Also, 63 percent of survey respondents said the wealthy are paying too little in taxes.
Meanwhile, more than half (51 percent) say the middle class is paying too much, and 48 percent believe low-income earners are paying too much.
“These findings provide insight into Americans’ basic beliefs about the tax system at a time when tax reform is a major item on the legislative agenda,” Gallup said in its survey report. “Clearly some Americans are dissatisfied with the tax system, both in terms of their perception of what others pay, and in terms of their assessments of their own tax situation.”
But the richest Americans already pay a majority of the nation’s taxes.
IRS data for 2015 found that the top one percent pay 40 percent of the country’s taxes. In 2016, the IRS found that the rich pay roughly 80 percent of U.S. taxes. Earlier this year, it was reported that the top 400 taxpayers paid as much as bottom 50 percent.
So, yes, affluent Americans are paying much more than their fair share.
Here is a great chart from the American Enterprise Institute (AEI):