A new poll finds that rich people are much happier with their lives than poorer people. They’re also far more likely to say they’ve achieved the American dream, that they’re satisfied with their education, and that they’re not anxious about the future. Many people could have guessed all of that […] Read more »
Most Americans Say There Is Too Much Economic Inequality in the U.S., but Fewer Than Half Call it a Top Priority
With about a month to go before the first caucuses and primaries, the issue of economic inequality and how to tackle it remains a focal point in the race for the Democratic presidential nomination, and it will likely continue to be a central issue in the general election. About six-in-ten […] Read more »
Big Money and America’s Lost Decade
… The first thing you need to know about the very rich is that they are, politically, different from you and me. Don’t be fooled by the handful of prominent liberal or liberal-ish billionaires; systematic studies of the politics of the ultrawealthy show that they are very conservative, obsessed with […] Read more »
Trump gains support among millionaires but would lose to Biden in head-to-head, CNBC survey finds
President Donald Trump is the favorite candidate of America’s millionaires — and his support seems to be strengthening. But there is a catch: in a head-to-head match up he would lose to Democratic candidate Joe Biden in the next Presidential election. CONT. Robert Frank, CNBC Read more »
Millionaires support a wealth tax — as long as they aren’t getting taxed
A majority of millionaires support a wealth tax on those worth $50 million or more, but their support declines for a tax on those worth $10 million, according to a new poll. … Attitudes toward the wealth tax are also strongly dependent on political party rather than wealth levels. Fully […] Read more »
Most Americans Say the Current Economy Is Helping the Rich, Hurting the Poor and Middle Class
By many measures, the U.S. economy is doing well. Unemployment is near a 50-year low, consumer spending is strong and the stock market is delivering solid returns for investors. Despite these positive indicators, public assessments of the economy are mixed, and they differ significantly by income, according to a new […] Read more »