Huge Majority Of Americans Think Tax System Unfairly Benefits Rich

This Tax Day, a significant majority of Americans think that the rich are getting off easy compared to middle- and working-class Americans. According to the latest CNN poll, “68% of respondents said the current tax system benefits the rich and is unfair to ordinary workers, compared with 29% who disagreed with that view.” The poll’s respondents have good reason to think the rich pay less: Many millionaires pay a lower effective tax rate because their income comes from capital gains or other low-tax investments, instead of wages. Yet Senate Republicans blocked the Buffet Rule last night, which would have helped address this problem, even though it too has strong support from the public.