By Ilana Novick
Source: Read full article at Truthdig
A majority of Americans support raising taxes on the rich in some form, according to a February poll conducted by SurveyMonkey for The New York Times. Just weeks before, a similar poll by TheHill/HarrisX, asking specifically about Massachusetts Sen. Elizabeth Warren’s proposal for an annual 2% tax on people with assets over $50 million, found that 74% of respondents agreed with the idea.
Supporters of wealth taxes generally, and Warren’s specifically, include Trump voters. “I think that raising taxes on the rich should have happened a long time ago,” Virginia Connolly, who voted for Trump and runs a home-cleaning business in Florida, told the Times. “The rich, what are they going to do with all that money?”
As The Washington Post reports Monday, if you’re Charles Koch, billionaire head of Koch Industries, you might use it to rename and reorganize your right-wing empire—funded by you and around 700 of your closest wealthy friends, who pay at least $100,000 annually—into an organization called Stand Together, formerly known as The Seminar Network, emphasizing philanthropy toward such causes as poverty, addiction, recidivism, gang violence and…