Paul Sullivan, in his weekly NY Times column, Wealth Matters, writes about political views of wealthy Americans. The article is based in part on a survey by PNC Wealth Management and Values Survey. It notes in part the following:
(K)nowing what a wealthy person thinks about issues that cannot be quantified is a notoriously difficult prospect. Many people feel that they know how wealthier people think and how their thoughts differ from those of everyone else. But while there is a lot of anecdotal evidence about the haves and have-nots, it too often creates a picture of plutocrats versus freeloaders.
But after years of asking fairly mundane questions, like most questionnaires from financial institutions, the PNC Wealth and Values Survey took a different tack this year. The study, to be released next week, asked respondents with wealth from $500,000 to over $10 million about politics, social issues, economic inequality, even whether they give money to charity because they just don’t have time to volunteer.
The results, on the eve of the midterm elections, painted a picture of affluent people who are different in some crucial areas from the popular perception. They are no less socially aware and concerned than people with less money. They are concerned about the political climate, social issues like the minimum wage and immigration, and charitable giving to provide more opportunity for people.
Read full article at In Some Ways, the Rich Aren’t So Different From You and Me – NYTimes.com.