The following article by James Hohmann with Breanne Deppisch and Joanie Greve was posted on the Washington Post website September 26, 2017:
Here are key moments from the speech President Trump gave on tax policy proposals in Mandan, N.D., Sept. 6. (Sarah Parnass/The Washington Post)
THE BIG IDEA: Two in three Americans believe that large corporations pay too little in taxes. Only 11 percent of U.S. adults think these businesses pay too much, while 17 percent think they pay their fair share. Even half of Republicans believe big businesses pay too little in taxes, according to a new Washington Post-ABC News poll.
Overwhelmingly, across party lines, people feel that the current tax system is rigged in favor of the wealthy. Over 7 in 10 Americans think the tax system favors the rich. Just five percent think the current code favors the middle class. Continue reading “Trump’s plutocracy problem complicates push for tax cuts”