Poll: Majority of Millionaires Support Elizabeth Warren’s Proposed Wealth Tax

A survey of hundreds of individuals with investable assets of $1 million or more reveals that the majority would support Sen. Elizabeth Warren’s (D-MA) plan to impose a wealth tax on millionaires and billionaires she has pledged to put in place if she is elected president of the United States. CNBC conducted the poll of 750 millionaires about Warren’s plan to put a two percent tax on wealthy people who have more than $50 million in assets and a three percent tax on those with assets of more than $1 billion, with 60 percent responding they would be okay with the new tax.-- More...