Should the U.S. raise taxes on the rich?
In 2022 individuals and families with a combined income of $647K or more pay the top US federal Income tax rate of 37%. Countries with higher top income tax rates include Japan (56%), Denmark (55%) and Israel (50%.)
Statistics are shown for this demographic
Response rates from 4k Knoxville voters.
63% Yes |
35% No |
54% Yes |
28% No |
8% Lower the income tax rate and remove all existing tax loopholes for large corporations |
4% Reform to a flat tax |
1% Yes, and raise taxes on all income brackets |
3% No, but lower taxes for the poor |
1% No, keep the current tax structure |
Trend of support over time for each answer from 4k Knoxville voters.
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Trend of how important this issue is for 4k Knoxville voters.
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Unique answers from Knoxville voters whose views went beyond the provided options.
Yes, and close the tax haven loop hole
@8C5GN894yrs4Y
Remove loopholes for the rich and ensure they are unable to use tax shelters.
@8L3YX3B4yrs4Y
Tax according to income. Rich should pay slightly more and adjust for those in lower income.
@TruthHurts1012yrs2Y
“The power to tax involves the power to destroy,” observed Chief Justice John Marshall. “The power to destroy may defeat and render useless the power to create.” He was right – entire civilizations have risen and fallen based on tax rates, and unthinkable economic damage has been wreaked by the wrecking ball called taxation: endless waves of recessions, supply-chain crises, and most notably the Great Depression, the most deadly economic disaster in modern history. This does not apply only in America – the devastating power of taxation has been a constant… Read more
@9D6DM5N1yr1Y
get rid of the loopholes large corporations and billionaires use, but keep the tax rate
@97Z2WVL2yrs2Y
Yes, and close tax loopholes that only benefit the rich
@8J3FG9M4yrs4Y
Simplified tax rates, fewer deductions. Low tax rates overall but the wealthy should not be able to avoid paying a higher percentage than the middle class.
@9F3692S1yr1Y
Tax all income, including capital gains and dividends, at normal income tax rates for wealthy households.
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