Wealthy disagree with most Americans about income policies
Friday, February 22, 2013 - 09:00
in Mathematics & Economics
(Phys.org)—As Congress and President Obama wrestle over the "sequester" and other measures that would dramatically cut government spending, the first systematic study of the political attitudes of wealthy Americans indicates that the top 1 percent of U.S. wealth-holders (people with $8 million or so in net worth) put a much higher priority on reducing budget deficits and cutting entitlement spending than most Americans do.