Majority favor wealth redistribution

About six in 10 Americans believe that money and wealth should be more evenly distributed among a larger percentage of the people in the U.S., while one-third think the current distribution is fair, reports the Gallup Organization today.images-1

“Although Americans’ attitudes on this topic have fluctuated somewhat over time, the current sentiment is virtually the same as when Gallup first asked this question in 1984. Slightly fewer have favored a more even distribution since October 2008.

“The range in the percentage saying wealth should be “more evenly distributed” has been relatively narrow over time, from a low of 56% in 2000 to a high of 68% in April 2008.

“Gallup has asked the question at least once during the administration of three Republican presidents — Ronald Reagan, George H.W. Bush, and George W. Bush — and two Democrats, Bill Clinton and Barack Obama. But there is no generally consistent pattern across these administrations. For example, the slightly lower percentage favoring a more even distribution during the Obama administration started in the final year of George W. Bush’s administration — after the onset of the financial crisis.

“Wealth distribution is a key polarizing issue in contemporary U.S. politics. Partisan reactions to this question reflect that polarization, with more than eight in 10 Democrats saying money and wealth need to be more evenly distributed, compared with 28% of Republicans. There is a similar, although less extreme, divide between the views of liberals — 79% of whom say money and wealth should be more evenly distributed — and those of conservatives (41%).

“The question does not address the issue of who or what is responsible for this distribution of money and wealth in American society, or who should be responsible for changing it. A separate question focuses more directly on these issues, finding that 52% of Americans think the government should redistribute wealth “by heavy taxes on the rich,” while 45% say it should not. Thus, slightly fewer Americans favor active government intervention to redistribute wealth than believe the current system is unfair.

“Responses to this question have varied within a fairly small range since Gallup began to ask it in 1998, from a low of 45% favoring tax-based redistribution that year to today’s 52%, which by one percentage point is the highest measured. Although the plurality response has shifted modestly between the “favor” and “oppose” positions, Americans have been generally divided on the issue.

“The Roper organization originally asked this question in a survey conducted for Fortune Magazine near the end of the Depression in 1939. Current support for active redistributionist efforts on the part of the government is higher than it was in the 1939 Fortune poll, which found 35% favoring it and 54% opposed. Survey methods were different in that era, so those results may not be directly comparable to today’s. The broad trend over time does suggest, however, that Americans have become more rather than less in favor of active government involvement in redistributing wealth.

“There are large partisan differences on this question as well, with a swing from 72% of Republicans who oppose heavy taxes on the rich as a method of wealth redistribution to 75% of Democrats who favor this type of action.”

 

More at:http://www.gallup.com/poll/161927/majority-wealth-evenly-distributed.aspx?utm_source=tagrss&utm_medium=rss&utm_campaign=syndication

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