Most Americans Back Obama's Plan To Raise Investment Taxes On Wealthy Families

[applegrove]

Most Americans Back Obama's Plan To Raise Investment Taxes On Wealthy Families

by STEPHEN OHLEMACHER and EMILY SWANSON, AP at the Huffington Post

http://www.huffingtonpost.com/2015/02/22/obama-tax-plan_n_6730472.html?utm_hp_ref=politics

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ASHINGTON (AP) — The rich aren't taxed enough and the middle class is taxed too much. As for your taxes, you probably think they're too high as well.

Those are the results of an Associated Press-GfK poll that found that most people in the United States support President Barack Obama's proposal to raise investment taxes on high-income families.

The findings echo the populist messages of two liberal senators — Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont — being courted by the progressive wing of the Democratic Party to run for president in 2016. The results also add weight to Obama's new push to raise taxes on the rich and use some of the revenue to lower taxes on the middle class.

It's not flying with Republicans in Congress, who oppose higher taxes.

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According to the poll, 68 percent of those questioned said wealthy households pay too little in federal taxes; only 11 percent said the wealthy pay too much.


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