Wealth Tax for Rich Registers Strong Support

A 2 percent annual tax on Americans with assets over $50 million, and a 3 percent tax on people with over $1 billion in assets, registers a high level of support regardless of partisanship. Out of the 1,000 respondents interviewed for the Hill-Harris X poll, three out of four said they would support the tax.

That support broke along party lines, for Democrats, that support was as high as 86 percent. While the Republican base and party are ideologically opposed to raising taxes, almost 65 percent of voters who identified as Republican said they would support a wealth tax of that nature. Self-identified Independents behaved more like Republicans, with 69 percent showing support for that wealth tax policy.