Not Just Warren Buffet

Ken AshfordClass Warfare, Congress, Economy & Jobs & DeficitLeave a Comment

WSJ reports:

A new survey from Spectrem Group found that 68% of millionaires (those with investments of $1 million or more)  support raising taxes on those with $1 million or more in income. Fully 61% of those with net worths of $5 million or more support the tax on million-plus earners.

So the lower and middle AND wealthiest classes all support a tax on the millionaires.  It's unanimous.

Yet, the GOP-controlled Congress simply refuses to do it.

Related:  The favorability rating of Congress is at an historical low of 9%.

Yes, that's related.