Thursday, September 28, 2017

Today's Useful Data: Read My Lips--No New Tax (Cuts for the Rich)

The new GOP tax plan is heavily tilted toward the wealthy. No surprise. But it's worth noting just how extraordinary unpopular this stuff is as policy. Vanessa Williamson of Brookings has an excellent piece out today that goes over the key data. She notes:
If you ask Americans what bothers them about taxes, the most common answer is “the feeling that some corporations don’t pay their fair share.” The next most common? “The feeling that some wealthy people don’t pay their fair share.” Not even ten percent of Americans say that the amount they pay is what bothers them most. And even Republicans are more likely to say they are bothered by corporate tax avoidance than by their own tax responsibilities. 

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