A majority of millionaires help a wealth tax on these value $50 million or extra, however their help declines for a tax on these value $10 million, in accordance with a brand new ballot. CNBC experiences:
Fifty-nine % of millionaires mentioned they might help a brand new federal tax on wealth over $50 million, in accordance with the This autumn CNBC Millionaire Survey. Democratic presidential candidate Elizabeth Warren’s tax plan features a wealth tax of two% on wealth over $50 million and 6% over $1 billion.
Forty-eight % opposed a wealth tax on these value over $10 million.
Attitudes towards the wealth tax are additionally strongly depending on political celebration moderately than wealth ranges. Totally 88% of Democratic millionaires help a tax on wealth over $50 million, in contrast with only a third of Republican millionaires.
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