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Story perspectives

77% Back Ultra-Wealth Tax, 65% Republicans

7/4/2026

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Story summary
  • A poll shows 77 % of voters support raising taxes on the ultrawealthy, including 65 % of Republicans.
  • Policy advocates say the taxes would fund universal childcare, affordable housing, and climate-resilient infrastructure.
  • The proposal calls for taxing the wealth, incomes, and estates of the ultrawealthy.
  • Supporters argue that billionaire concentration endangers growth, democracy, and climate stability, and that unaffordable housing, health care, and childcare drive demand for tax reform.