Majority of millionaires say wealth inequality is a 'major problem'
Thinkstock
With Democrats going all-in on their income inequality campaign pitch, a new poll finds the message is ringing true with a surprising group of people: the super-rich.
A slight majority (51 percent) of the millionaires polled by CNBC say wealth inequality is a "major problem" in the U.S. Moreover, 64 percent support raising taxes on the wealthy, while 63 percent endorse raising the minimum wage.
That said, only five percent of the 514 millionaires surveyed feel "guilty" about all their cash. And anonymously voicing support for higher taxes on yourself doesn't necessarily mean you'd support such a policy in reality.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.
-
Testosterone therapy in women highlights the lack of women’s health researchThe explainer There is no FDA-approved testosterone product for women
-
Magazine solutions - November 7, 2025Puzzles and Quizzes Issue - November 7, 2025
-
Magazine printables - November 7, 2025Puzzles and Quizzes Issue - November 7, 2025
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
