Majority of American favour wealth tax on very riches, opinion poll finds


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Majority of American favour wealth tax on very riches, opinion poll finds

Although a concept of inclining a wealth tax over the richest US nationals had led to a raft of uproars alongside political outcry and pointed to a number of competing views including US President Donald Trump who had branded the idea leftist or socialist, while multiple progressive Democratic contenders for the November US Presidential election including Senator Elizabeth Warren alongside Bernie Sanders were voicing a strident tone in favour of a wealth tax, however, when it came to an opinion poll result conducted by a press agency and results of which were revealed late on Friday, the 10th of January 2019, more than 70 per cent of common citizens were found to have a strong voice to endorse the wealth tax.

On top of that, according to an Ipsos poll result on a wealth tax, conducted among roughly 5,000 respondents, just a notch shy of two-thirds of the participants had strongly agreed that the richest should lay off a higher taxation, a practice widely exercised in a slew of emerging economies across the globe, while roughly 77 per cent Democratic respondents had agreed to the concept of inclining a wealth tax, however, the figure fell to 53 per cent among the Republican participants.