
Tax Policy | |
Opinion Poll: How Much Should A Family Pay In Taxes? |
Would it be popular to limit the proportion of a family's income the
government could take in taxes? And what should that percentage of income
be? Recently, poll-takers for the Polling Company asked 1,000 adults, "How
much, as a percentage of their weekly income, should a family of four pay
in taxes? Please stop me when I have read the highest percentage that you
think is fair." Some of the results: Thus a majority of Americans think 15 percent of income -- or less --
is the maximum a family should pay in taxes. By comparison, recently Rep.
Bill Archer (R-Texas) proposed capping federal tax revenues at 19 percent
of gross domestic product -- compared to the 19.9 percent of GDP the federal
government takes today. And the Tax Foundation reported the combined federal, state and local
tax bill for 1997 will claim 38.2 percent of the income of a median two-income
family, one earning $54,910. Source: Editorial, "Three Words," Wall Street Journal,
January 28, 1998. |
Home | Support Us | All Issues | Social Security | Debate Central | Contact Us
Dallas Headquarters: 12770 Coit Rd., Suite 800 - Dallas, TX 75251-1339 - 972/386-6272 - Fax 972/386-0924
Washington Office: 601 Pennsylvania Avenue NW, Suite 900 South Building, Washington, DC 20004 - 202/220-3082 - Fax 202/220-3096
© 2001 NCPA