Poll: Majority of Millionaires Like Warren’s Proposed Wealth Tax

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The wealth tax would apply to "ultra-millionaires," or those with more than $50 million in assets. The tax would be equal to 2 percent, but would rise to 3 percent for those who have assets valued.

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Sixty-one percent of the 1,993 voters surveyed in the Feb. 1-2 poll favored Warren’s "ultra-millionaire" plan, which is an annual tax of 2 percent on household wealth more than $50 million.

A survey of hundreds of individuals with investable assets of $1 million or more reveals that the majority would support Sen. Elizabeth Warren’s (D-MA) plan to impose a wealth tax on millionaires and billionaires.

Other Democratic candidates, including Beto O’Rourke and Pete Buttigieg, have expressed support for the concept of a wealth tax. sen. bernie sanders has proposed increasing estate taxes for the wealthy, and has floated the idea of an annual 1% tax on "extreme wealth," which he defines as assets exceeding $21 million. But Warren’s plan.

Some Democratic tax experts say Warren’s proposed wealth tax is a smart way to address the fact that there are many high net worth people who use legal loopholes to significantly lower their tax.

54% of Americans surveyed approved of Elizabeth Warren’s new wealth tax plan.. a new poll shows that a majority of Americans are. rich is more popular than Trump’s tax cuts, new poll.

A majority of millionaires support the Democratic presidential candidate’s proposal for a tax on big fortunes.

A GOBankingRates survey found that most Americans agree on one thing:. Famous billionaires like Warren Buffett and bill gates agreed they should. With regards to the proposed top tax rate of 70 percent on income over.

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Makes sense. These rich will not even notice it, at the end of the day. It solves a lot of problems. Personally the taxes on the ultra rich can be much higher: they still wouldn’t notice it, and since they have profited more than enough off of the.

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Elizabeth Warren. Why Elizabeth Warren’s Wealth Tax Won’t Work Elizabeth Warren says her "ultra-millionaire tax" will raise .75 trillion. history says otherwise.

Most Americans currently pay property taxes to their local government, a form of a wealth tax. The majority of middle class assets are property.