More and more Americans are voicing unhappiness with billionaires’ enormous power. According to the Harris Poll’s annual Americans and Billionaires Survey, conducted last November, 53% of Americans believe billionaires threaten our democracy. What’s more, 71% of Americans, including 64% of Republicans, say there should be a wealth tax on top earners, and 53% (up from 46% in 2024) say there should be limits on wealth accumulation.
The Guardian