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

Warren’s ‘wealth tax’ to face host of challenges.. video. Elizabeth Warren calls for ‘ultra-millionaires tax" to pay for universal child care.. like real estate or businesses.

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Among the nearly 2,000 surveyed in a feb. 1-2 morning Consult/Politico poll, 61% favored Warren’s wealth tax plan, including 50% of Republicans.

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Senator Elizabeth Warren's plan: a tax on a family's wealth above $50 million at 2. The bloomberg billionaires index estimates that Sam Walton's three living. It would work a little like the property tax that most cities and states impose. The wealth tax Ms. Warren proposes would also apply to assets that.

CNBC conducted the poll of 750 millionaires about Warren’s plan to put a two percent tax on wealthy people who have more than $50 million in assets and a three percent tax on those with assets of more than $1 billion, with 60 percent responding they would be okay with the new tax. "The wealth tax is different from an income tax since it taxes a family’s total holdings every year rather than their income," CNBC reported on its poll and noted that a majority of Americans also support a.

Their survey finds that higher marginal tax rates are favored by 45 percent of the public over 32 percent who say it’s a bad idea, while the wealth tax scores a crushing 60-21 victory that.

According to a recent Fox News poll, 70 percent of voters support the proposal by Warren – a Massachusetts Democrat who is seeking the party’s nomination in the 2020 presidential election.

Fully 60% of millionaires support Warren's plan for taxing the wealth of those who. Polls show that a majority of Americans also back a wealth tax.. As Common Dreams reported when she released the plan in January of this year, Warren's proposal calls for a 2 percent tax on individual and family wealth.

Economist Larry Summers has advised Democratic presidents, but he’s not ready to jump behind Democratic Sen. Elizabeth Warren’s proposed wealth tax. Warren, of Massachusetts, is a prominent voice in the party’s liberal wing and is exploring a run for president. Her proposal, which she is calling an ultra-millionaire tax, would apply to Americans with more