dailyfinance.

com

5 hours ago
By 24/7 Wall St.

Yes, the Rich Are Different Pew Research

A large number of respondents - 65% - say the income gap between rich and poor has gotten larger in the past 10 years and 57% say that is a bad thing. Finally, on the coming elections, 71% of respondents said Mitt Romneys policies would benefit the wealthy, while just 40% said the policies would benefit the middle class and 31% said his policies would benefit the poor. According to 37% of respondents, President Obamas policies would benefit the rich, and 50% said his policies would benefit the middle class and 60% said the policies would benefit the poor. The full survey report is available here. Paul Ausick  Filed under: 24/7 Wall St. Wire, Economy, Politics, Research 

http://www.dailyfinance.com/2012/08/30/yes-the-rich-are-different-pew-research/?ncid=dynaldushpmg00000135

ew Research has released the results of a survey done last month on the differences between the rich and the rest of us. The survey results didnt really break any new ground, but did throw some light on who Americans think the rich are and what theyre like. Some highlights: The total U.S. median annual income for a wealthy family is $150,000, but that varies between $200,000 in the Northeast to $150,000 in the Midwest and South. 43% of respondents said the rich are more likely to be intelligent and 42% said they are more likely to be hardworking. 55% said the rich are more likely to be greedy and 34% said they are less likely to be honest. Still, 92% of the self-described middle class and 84% of the self-described lower class say they admire people who get rich by working hard. 58% say upper income people pay too little in taxes. 44% of Republicans said upper-income people pay their fair share of taxes compared with just 13% of Democrats. More than three-quarters of Democrats say upper-income people pay too little in taxes, and (perhaps surprisingly) 33% of Republicans say the same thing.

Current Market News

Apple Adds To Samsung Suit  China PMI Collapses  Amazon To Launch Ad Supported Tablet-WSJ  24/7 Wall St. Closing Bell August 31, 2012: Markets Rise After Bernanke Speech (GLW, SE, TD, GRMN, MT, OVTI, SAI, STP, ZUMZ, CPB, HSOL, CPB, FB, SPLK, SABA, KNXA, IBM)  China Turns Up Heat in Patent Wars 

Love this

PDF?

Add it to your Reading List! 4 joliprint.com/mag

Page 1