Every tax season, and in the run-up to elections, a familiar argument resurfaces among politicians, commentators, and voters about whether the wealthy are paying enough tax. One side argues that they do not pay their fair share, and on the other, that taxing the rich would stifle economic growth.
We surveyed 3,031 Americans who earn more than $250,000 a year and asked them a simple question: whether their own income tax bill should be higher, lower, or stay the same. We also followed up with a list of questions to gauge their opinions on taxation for high-net-worth individuals.
