Wealthy and Corporations Don’t Pay Enough Tax in USA

March 23, 2015 Taxation in USA

WASHINGTON D.C. – US taxpayers are concerned with the amount of taxes paid by large companies and wealthy individuals, while only a small proportion are concerned with the tax obligations faced by the poor.

Late last week the US based non-government organization the Pew Research Center released the results of new research on the complaints that US taxpayers have against the current national tax system, showing that many individuals believe that large corporations and wealthy individuals do not pay enough taxes.

Approximately 59 percent of individuals surveyed for the research claimed that the national tax system is so fundamentally wrong and malfunctioning that Congress should overhaul it entirely, while only 38 percent of people claimed that the tax system “works pretty well” or only required minor changes.

Further, 64 percent of all respondents claimed that they had the “feeling that feeling some corporations don’t pay their fair share”, and 61 percent felt that “some wealthy don’t pay their fair share”.
The complexity of the national tax system was seen as an issue by 44 percent of people.

However, only 27 percent of people found that the amount of taxes they pay to be an issue, while only 20 percent took issue with the amount of taxes paid by low income earners.

Photo By: Chris Potter