WSJ: “Most Millionaires Support Warren Buffett’s Tax on the Rich”

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. […]

Explains George Walper of Spectrem: “What this tells us is that there are a number of wealthy folks who said: ‘Gee, we need to increase taxes to stimulate the economy. No one likes to be taxed more, but the reality is maybe it has to be done.’”

The vast majority of Americans believe millionaires and billionaires should pay a little more in taxes; the clear majority of self-identified Republicans believe millionaires and billionaires should pay a little more in taxes; and now the clear majority of millionaires and billionaires believe millionaires and billionaires should pay a little more in taxes.

The only people on the other side are congressional Republicans.