And three different polls in 2019, by The New York Times and Politico, asked people what they thought of proposals to impose a wealth tax on the extremely rich—a tax of 2 percent a year on all wealth between $50 million and $1 billion, 3 percent a year on everything over $1 billion. All three polls found that nearly two-thirds of Americans are in favor of such wealth taxes—including large majorities of Republicans.
