23% Want to Ban Income Over $1 Million A Year

Twenty-three percent (23%) of voters nationwide would favor a law making  it illegal for anybody to earn more than $1 million a year. A ScottRasmussen.com national survey found that 77% would oppose such a law. Those figures include 10% who would strongly support such a law and 55% who would be strongly opposed.

The survey also found that 82% believe it is fair for founders of very successful companies to become extremely wealthy. Eighteen percent (18%) disagree.

When it comes to outlawing incomes over a million dollars annually, voters under 35 are much more supportive than their elders. Among that younger group, 38% at least somewhat favor such an income limit. Among senior citizens, just 16% share that view.

However, when it comes to believing it’s fair for founders of very successful companies to become extremely wealthy, there is no generation gap (see question wording and crosstab results).

Data released earlier showed that 37% of voters believe income inequality is a Very Big Problem in the United States. Seventy-three percent (73%) think it should be addressed by increasing the wealth of the poorest Americans rather than reducing the wealth of the richest Americans.

Eighty-four percent (84%) believe that the United States is still a land of opportunity where just about anyone can get ahead if they are willing to work hard. In fact, 82% believe that just about anybody who is willing to work can find a job.

Eighty percent (80%) believe that providing more school choice to inner city children would help reduce income inequality. A slightly smaller majority (73%) say raising taxes on the wealthiest Americans would help reduce income inequality and 70% say the same about raising the minimum wage to $15 an hour

The mission of ScottRasmussen.com is to enhance the public dialogue through data-driven analysis that explores the underlying currents of public opinion (read About Us). Sign up to receive the latest insights each day via email. You can also follow our work on Twitter and Facebook.

The national survey of 1,001 Registered Voters was conducted November 18-19, 2018 by ScottRasmussen.com and HarrisX, a polling company specializing in online surveys (see Methodology and a demographic profile of our sample). It has a 3.1 percentage point Margin of Error with a 95% level of confidence.

Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).

 

 

Posted in Poll Results

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