September 15, 2014

Press Release

Tax Investment Survey: 90% say investment income should be taxed higher

| 6/2/2014
WalletHub just released the 2014 Tax Fairness Survey which assesses opinions on tax code complexity, income tax structure, and the fairness of taxes on everything from investment income and corporations to alcohol and tobacco.

Key findings from our 2014 Tax Fairness Survey include:
  • In a strong rejection of the current tax code, 90% of respondents believe income from investments should be taxed at least as much as wages.
     
  • Americans view tax fairness (61.23%) and tax equality (20.81%) as more important than whatever is best for the economy (17.96%).
     
  • Respondents view taxes on wages and gasoline as least fair; taxes on alcohol and tobacco seen as most fair.
     
  • Almost two-thirds of respondents (65.10%) believe corporations should face higher tax rates than consumers.
     
  • Less than one quarter (24.31%) of respondents support a flat income tax.
  • More than 80% of respondents rated the current tax code as either “complex” or “extremely complex.”

For the full report, please visit:  http://wallethub.com/edu/tax-fairness-survey/4171/

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Mai-Kai's in the running for best restroom in the country
Mai-Kai's in the running for best restroom in the country

Mai-Kai believes its thrones deserve a crown. The iconic Polynesian restaurant in Fort Lauderdale is among 10 finalists in a contest for best washroom in the country. (Click here if video is not playing.)

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Will U.S. air strikes in Iraq and Syria solve the ISIS problem?

  • Air strikes might not be enough, but we shouldn't get more involved
  • No, limited involvement will not work, long-term engagement is essential to stabilizing the region
  • Yes, I think air strikes will solve the problem

See Results

Ballot Box
Subscribe