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American’s show a surprising level of consensus on the redistribution of wealth.

A Harvard business professor and economist teamed up with Duke’s Department of Psychology to gauge American’s optimal level of wealth inequality.  In a survey of over 5,000 “regular” americans, the researchers discovered that respondents: 1) severely underestimated the level of current inequality, 2) constructed ideal wealth distributions that were far more equitable than their mistakenly low estimates, and 3) even among groups typically not associated with wealth redistribution – conservatives and the wealthy – desire for a more equal distribution remained consistent.

So even though President Barack Obama’s leaked comment, “I actually believe in redistribution,” became a go-to attack point for the GOP in the 2012 election, reality suggests that there is little disagreement over wealth inequality.

Watch the video below for a visually stunning presentation of the study.  For the full report, click here.

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JDKatz: Attorney's At Law

JDKatz, P.C. is a full-service law firm focused on tax law and estate planning. We are dedicated to minimizing your existing liability and risks while providing valuable tax planning to streamline your tax issues in the future. Please call us at 301-913-2948 to schedule an appointment to meet with one of our trusted attorneys.

 

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At JDKatz: Attorneys at Law, each of our attorneys brings a unique set of experiences and perspectives to bear on our clients’ legal problems. For each case or task we take on, we assemble a team of lawyers ideally situated to our client’s specific needs and goals. Our managing partner, Jeffrey D. Katz, founded our firm in 2000 after starting his career in the tax department of Big Four accounting firm KPMG Peat Marwick. To learn more about our attorneys’ backgrounds and qualifications, please review their individual profiles.

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