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

Majority of American millionaires support a wealth tax on American millionaires. When Elizabeth Warren proposed a Thomas Piketty-style wealth tax (2% annually on family fortunes over $50m, 1% more.

Last week, Warren – who formed an exploratory committee ahead of a potential 2020 bid – detailed her wealth tax, which she is calling an "Ultra-Millionaire Tax." The tax would raise $2.75.

An INSIDER poll from February shows that 54% of Americans support Warren’s plan, while only 19% disapprove of it. Warren’s wealth tax even has the support of some of the billionaires who would be.

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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Now, a CNBC poll has found that 60% of American millionaires support Warren’s wealth-tax; at the "upper tier" of Americans with a net worth in excess of $5m, the proposal enjoys 66% support.

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.

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

Now a majority. proposed tax hikes on Americans with large net worth, according to a February poll by Morning Consult and Politico. Critics have said that Warren’s new wealth tax could be easily.

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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.

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.

The "Ultra-Millionaires Tax" is a wealth tax that would impact American families that have a net worth of $50 million or more, impacting the top 0.1% of U.S. families.

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.