(Week of 4/14/2012) Majorities in every age and income group favor the Buffett Rule: they want to see millionaires taxed at a higher rate than middle class Americans. Even those with family incomes above $100,000 a year support it by 56% to 39%. But in the latest Economist/YouGov Poll, one groups stands apart. Republicans oppose the Buffett Rule 47% to 34%.
There are also party divisions when it comes to assessing the income tax system’s fairness for different economic groups. Democrats overwhelmingly think the rich pay too little in taxes, while Republicans aren’t so sure. And while Democrats believe the poor pay too much in taxes, Republicans think they pay too little.
What the parties do agree on is the fairness of the income tax system for those like themselves. When asked if "people like yourself" pay too much, too little, or their "fair share" in taxes, just about half in both parties say they pay too much!
Photo source: Press Association