U.S. taxpayers have sharply contrasting opinions on the fairness of the various taxes they are forced to pay, according to a new survey.
Consumer finance site WalletHub has released the results of its 2014
In a strong rejection of the current Tax Code, 90% of the survey respondents said they believe income from investments should be taxed at least as much as wages.
The survey also found that Americans ranked tax fairness (61.23%) and tax equality (20.81%) as more important than whatever is best for the economy (17.96%).
The survey respondents also view taxes on wages and gasoline as least fair, while taxes on alcohol and tobacco seen as most fair.
Nearly two-thirds of respondents (65.10%) said they believe corporations should face higher tax rates than consumers. Less than one quarter (24.31%) of respondents to the poll indicated they support a flat income tax. More than 80% of respondents rated the current Tax Code as either “complex” or “extremely complex.”
For the complete report, visit http://wallethub.com/edu/tax-fairness-survey/4171/.
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