The top tax rate for household income would go from 37% to 39.6% under the Democrats’ plan, an idea favored by 61% of voters, including 41% of Republicans. Similar percentages of voters like the sound of the top corporate tax rate going up from 21% to 26.5%, as well as a higher tax on investment income known as capital gains. Data for Progress, a progressive polling and strategy organization, conducted the survey of 1,346 likely voters from Sept. 15 to Sept. 17. It’s not surprising that the proposed tax increases are popular. The proposed tax on inheritable assets shows the challenge facing party leaders.

Source: Huffington Post September 21, 2021 15:22 UTC