Sanders and Bloomberg want to redistribute wealth. Most millionaires and billionaires don’t.

… Wealthy people have a great deal of power to influence economic and political outcomes in the United States, and so it’s important to understand what they believe to be the causes of — and possible solutions to — economic inequality. The economic elite are, by definition, members of a small group not well represented in typical surveys. They tend to keep their views on economics and politics to themselves. …

To better understand the perspectives of the economic elite, we worked with the company YouGov to survey online a broad and diverse sample of 450 highly affluent Americans, whom we defined as those living in households with pretax incomes of more than $350,000 per year and/or more than $2 million in financial assets. CONT.

Elizabeth Suhay (AU), Marko Klašnja (Georgetown) & Gonzalo Rivero (Westat), Monkey Cage