Seth Perlman, Associated Press
In the past 12 years, Americans have never felt so ripped off by taxes as they do now, according to a Gallup study released Monday.
Only slightly more than half — 55 percent — of Americans consider their income tax rates fair this year. This is the lowest proportion since the 51 percent who considered their taxes fair in 2001. It is also a 4 percentage-point decrease from the 59 percent of 2012.
Household income didn’t have much effect on satisfaction. The largest indicator on whether sometime considered taxes fair was political affiliation. Sixty-six percent of Democrats, 51 percent of Independents and 49 percent of Republicans consider current taxes fair.
The highest satisfaction recently with taxes was in 2003, shortly after President George W. Bush signed tax cuts and the Iraq War started. At that time, 64 percent saw taxes as reasonable.
For comparison, during World War II, 87 percent considered taxes fair. This 1943-to-1945 era is historically the highest for tax satisfaction. Only one year after the war ended, however, the satisfaction rate dropped to 61 percent.
While a little more than half of Americans consider taxes too high, 2 percent consider them too low.
- Better than a raise: The smallest thing you...
- 10 Great Gift Ideas for People Who Have...
- Robots vs. minimum wage: As pressure grows on...
- 10 great gift ideas for people who have...
- Dave Ramsey says: Put a temporary stop to...
- The American Dream is still alive for 20...
- Balancing act: How connected is too connected...
- What do the new jobs numbers mean?
- Robots vs. minimum wage: As pressure... 75
- The American Dream is still alive for... 10
- Most US workers unprepared to meet... 8
- Insurance agents feeling left out of... 8
- Are extended warranties on gadgets... 7
- What do the new jobs numbers mean? 6
- Better than a raise: The smallest thing... 5
- Dave Ramsey says: Put a temporary stop... 4