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· A majority of millionaires support a proposed wealth tax on the richest U.S. households, according to a survey, indicating that some of these millionaires who might presumably pay those taxes are willing to pay more.
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Polls show that a majority of Americans also back a wealth tax. But the support from millionaires, some of whom would presumably pay the tax, shows that some millionaires are willing to accept higher taxes amidst growing concern over inequality and soaring fortunes of the rich.
What James Free said. The millionaires polled would largely not be impacted by the “wealth tax”. It’s sort of like the 2012 French interview where Will Smith was talking about being in favor of higher taxes in until he heard about France’s proposed 75% rate above 1MM..
Warren’s proposal, which she’s calling an "ultra-millionaire tax," would apply a 2 percent tax annually on net worth between $50 million and $1 billion, and a 3 percent tax above $1 billion.
Warren’s proposal, which she’s calling an “ultra-millionaire tax,” would apply a 2 percent tax annually on net worth between $50 million and $1 billion, and a 3 percent tax above $1 billion.
“The next dollar of new tax revenue should come from the most. [Elizabeth Warren to propose new 'wealth tax' on very rich Americans, economist says]. Among the billionaires and multimillionaires who signed the letter were. Recent polls show there's an appetite for increasing taxes on the wealthy.
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· Introducing a wealth tax is one of the few issues that a majority of Americans agree on. An INSIDER poll from February shows that 54% of Americans support Warren’s.
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Most Americans currently pay property taxes to their local government, a form of a wealth tax. The majority of middle class assets are property.
A majority of millionaires who participated in a new CNBC survey said they. Warren has proposed a 2 percent wealth tax annually on net worth between. polled in the CNBC survey said they support a tax rate as high as 70.
A majority of millionaires support Sen. Elizabeth Warren's proposed tax on large wealth, according to the CNBC Millionaire survey.
is campaigning for president on a wealth tax, while Ocasio-Cortez has proposed 70 percent marginal tax rates on wealthy Americans. The message is clear: We’ll soak the millionaires. Family.