The 68%: Polls Are Finding Support for a Millionaires Tax

Reuters
Alexander Abad-Santos 3,568 Views Oct 27, 2011

Two polls, one of millionaires and one of everyone, have both found 68 percent support for a millionaires surtax. "68 percent of millionaires (those with investments of $1 million or more)  support raising taxes on those with $1 million or more in income. Fully 61 percent of those with net worths of $5 million or more support the tax on million-plus earners," reports the Wall Street Journal, citing a study from Spectrem Group--a consulting firm that focuses on the affluent and retirement markets. If "68 percent" sounds familiar, it's because last week's National Journal poll regarding the Democratic proposal for a millionaire tax found that "a whopping 68 percent of adults support the Democratic surtax to pay for the cost of their jobs plan." So basically, 68 percent of America's 1 percent, totally agrees with the 68 percent of the America's 99 percent (taking into account that NJ's poll didn't discern between income brackets)? That might be the sound of common ground (or a blogger trying his best to crunch numbers). 

Want to add to this story? Let us know in comments or send an email to the author at aabadsantos at theatlantic dot com. You can share ideas for stories on the Open Wire.

Related Articles   More by Alexander Abad-Santos

Occupy Oakland's Tent City Is Gone

Injured Occupy Oakland Protester Awakes Before Brain Surgery

Mayor Bloomberg Explains Occupy Wall Street Eviction

 

The Gay Boy Scouts Are Still Impossible

What Lesbians Think of Lesbian Porn

Elsewhere on the Web

User Comments

Please type your comment and click Post. If you’re not already logged in you will be prompted to log in or register

  • The Atlantic Wire on Twitter
  • The Atlantic Wire RSS Feed
  • The Atlantic Wire iPhone App