Wealth tax, capital gains hikes draw bipartisan support in US battlegrounds
Meanwhile, raising the effective income tax rate on households earning $1 million or more (from the current average of 27% to at least 29%) drew majority support overall and among Democrats in every battleground, and among Republicans in 21 of the 39 battlegrounds. That change would increase federal revenue by an estimated $73 billion.
What advisors should do now
The PPC survey was fielded between July 21 and August 17, 2026, across nearly 20,000 adults in battleground states and districts.
Steven Kull, director of the Program for Public Consultation at the University of Maryland, noted the consistency of the findings. “Republicans and Democrats agree that federal taxes should be raised on the super wealthy and those with very high income – enough to generate at least $455 billion in new revenue. This is true nationally and in most battleground states and districts,” Kull said.
That level of consensus across party lines and geographies is uncommon in contemporary US politics. Bipartisan polling support for tax increases on the wealthy historically accelerates the legislative timeline. Clients exposed to any of these proposed changes – wealth taxes, capital gains reform, estate tax tightening, or income tax hikes – benefit from reviewing strategies now rather than reacting after legislation advances.
The PPC survey results for all individual states and districts are available at vop.org.