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The Democratic Strategist

Political Strategy for a Permanent Democratic Majority

What Voters Think About Billionaires

From “Voters Think Billionaires Earned Their Wealth Through Exploitation, Not Hard Work‘ at Data for Progress:

This summer, Elon Musk became the world’s first trillionaire. Yet, in 2025, nearly 2 in 5 Americans could not afford a $400 emergency expense. As the rich get richer, the poor get poorer, and voters are recognizing how extreme wealth not only exploits the working class, but also negatively influences politics.

New polling from Data for Progress finds that voters think they are more likely to become homeless than a millionaire or billionaire, and reject the idea that billionaires obtain their wealth through innovation and hard work, instead seeing them as exploitative and a sign of a dysfunctional, anti-working-class economy.

Voters are unfavorable toward both trillionaires (54%) and billionaires (52%), and are closely split on their favorability of millionaires. Voters become more intensely unfavorable as the amount of wealth increases, while positive intensity does not change.

…In a split test, respondents were asked if they think they are personally more likely to become homeless or to become a millionaire (Split A) or a billionaire (Split B).

Around 3 in 5 voters say they are more likely to become homeless than to become a millionaire, including 71% of Democrats, 55% of Independents, and 48% of Republicans.

…Voters are even more likely to say they are closer to homelessness than to becoming a billionaire, including 67% of Democrats, 54% of Independents, and 65% of Republicans…

More here.

2 comments on “What Voters Think About Billionaires

  1. Martin Lawford on

    The United States has 23.6 million millionaires (UBS Global Report) and 745,700 homeless people (Housing & Urban Dev. Dept). In a country with 32 times as many millionaires as homeless people, 3 out of 5 voters believe they are more likely to become homeless than to become millionaires. Where did they get that idea?

    Reply

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