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68 Percent Of Millionaires Support Raising Taxes On Millionaires

Posted on October 28, 2011 by TRP

According to a new survey by the Spectrem Group, “68% of millionaires (those with investments of $1 million or more) support raising taxes on those with $1 million or more in income. Fully 61% of those with net worths of $5 million or more support the tax on million-plus earners.” Spectrem’s George Walper told the Wall Street Journal, “what this tells us is that there are a number of wealthy folks who said: ‘Gee, we need to increase taxes to stimulate the economy. No one likes to be taxed more, but the reality is maybe it has to be done.’”

via 68 Percent Of Millionaires Support Raising Taxes On Millionaires | ThinkProgress.

 


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