Tuesday, May 6, 2014

Millionaires say inequality a problem, support higher taxes to fix it - Los Angeles Times

Millionaires say inequality a problem, support higher taxes to fix it - Los Angeles Times: A majority of U.S. millionaires think rising income inequality is a “major problem” and almost two-thirds favor increasing taxes on the wealthy and raising the minimum wage to reverse the trend, according to a new survey.

However, the views of the wealthy on these hot-bottom topics vary significantly by political affiliation, suggesting millionaires are as split as the rest of the country between Democratic and Republican beliefs, according to the poll by financial news channel CNBC.

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