US voters seem to be relatively united in taxing ultra-wealthy citizens.
A new poll by Politico and Morning Consult, involving 1,993 people from February 1, showed that 76% of registered voters considered wealthy Americans should pay more taxes. This comes after a recent Fox News survey of 1,008 registered voters that 70% of Americans – including 54% of Republicans – support tax collection on those who earn more than $ 10 million.
"There is a deep source of conditions for perceiving injustice in the economy that has been drained here that either did not exist five years ago or existed and had not had a chance to be expressed." Michael Cembalest, President of Marketing and Investment Strategy at JPMorgan Asset Management, Politico said. "It's a moment in American economic history, where suddenly in months this thing has exploded."
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10 states with the highest income tax
Some Democrats Call for Taxation of the Rich More
Liberal Democrats and President's hopes recently suggested major tax cuts involving high taxes on the kingdom.
Congressman Alexandria Ocasio-Cortez (D-NY) suggested a 70% tax on those who earn more than $ 10 million. The idea received support from 59% of respondents in a Hill / HarrisX study (in addition to the Fox News survey). In the new Politico study, 45% of the respondents made the plan, while 32% opposed it.
Yahoo Finance's Rick Newman recently argued why it is unlikely that in the near future there will be a tax of 70% for two reasons – Confidence in the government has fallen and the government is bigger than it used to to be.
Democratic presidential candidate Elizabeth Warren (D-Mass) has proposed a 2% with a net worth of over $ 50 million and a 3% tax of over $ 1 billion. In the Politico study, 61% of respondents supported while 20% opposed.
Newman noted the obstacles that Warren will face if she tries to pass on her tax proposal, including the 16th amendment that deprives income tax from the distribution needs but makes ]
States without income tax
No Income Tax