Public: Raise Taxes on Rich People and Corporations
Andy Cerda at Pew:
More than six-in-ten U.S. adults (63%) say tax rates on large businesses and corporations should be raised. This includes 34% who say they should be raised a lot. Another 19% say large businesses’ tax rates should be lowered, while 17% say they should be kept the same as they are now.
About six-in-ten (58%) say tax rates on household income over $400,000 should be raised, including 23% who say these tax rates should be raised a lot. Much smaller shares say taxes on higher-income households should be lowered (19%) or kept the same (21%).
As has been the case in recent years, views differ substantially by party. Democrats are overwhelmingly supportive of raising taxes on these groups, while Republicans are more divided.
- 81% of Democrats and Democratic-leaning independents support raising taxes on large businesses and corporations. Nearly as many (74%) say taxes should be raised on household income over $400,000.
- By contrast, 43% of Republicans and Republican leaners say taxes on each group should be raised, while roughly three-in-ten say taxes for these groups should be lowered.
