Wealthy support greater effort to promote social equality

US Trust finds that 90 percent of wealthy individuals say they would be willing to pay higher taxes to promote more income equality.

By Chuck Epstein | Updated on June 26, 2014

Ninety percent of wealthy individuals say they would be willing to pay higher taxes, support more job creation and greater educational opportunities in an effort to promote more income equality, according to a new survey by US Trust.

Social investing also received a high response rate as 60 percent of respondents said it was possible to invest in companies while also achieving environmental and social goals and also achieving “market rate returns.”

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