The post Most Americans Now Believe Billionaires Are A Threat To Democracy, New Data Shows appeared on BitcoinEthereumNews.com. Topline A rising number of Americans believe billionaires pose a threat to democracy, newly released data shows, and seven in 10 want the ultra wealthy to play a smaller role in U.S. politics amid an administration that has publicly cozied up to the country’s richest people. (L-R) Priscilla Chan, Meta founder Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla CEO Elon Musk attend the inauguration of Donald Trump. Getty Images Key Facts More than half of Americans (53%) believe billionaires threaten American democracy, data from the Harris Poll’s annual Americans and Billionaires Survey shows, up seven points from when the same question was posed last year. The survey found that Americans are becoming less enchanted with billionaires overall and want to see increasing regulations put on those with high net worths, including a limit on how much wealth someone can accumulate. More than half of respondents this year said they’d like to see limits on wealth accumulation (53%, up from 46% in 2024), and those people largely think nobody should be allowed to have more than $10 billion. Americans are also largely in favor of more regulations on billionaires—71% of respondents said there should be a billionaires tax and 64% think the government should impose mandatory philanthropic involvement for people worth more than $1 billion. Over a third of Americans believe the U.S. economy is an uneven playing field that prioritizes the ultra-wealthy, with more than seven in 10 agreeing that wealth inequality is a serious national issue. Almost all (94%) of respondents believe there is a wealth gap in America, with the top drivers cited as the rising cost of living outpacing incomes, corporate tax loopholes and lack of affordable housing. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so… The post Most Americans Now Believe Billionaires Are A Threat To Democracy, New Data Shows appeared on BitcoinEthereumNews.com. Topline A rising number of Americans believe billionaires pose a threat to democracy, newly released data shows, and seven in 10 want the ultra wealthy to play a smaller role in U.S. politics amid an administration that has publicly cozied up to the country’s richest people. (L-R) Priscilla Chan, Meta founder Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla CEO Elon Musk attend the inauguration of Donald Trump. Getty Images Key Facts More than half of Americans (53%) believe billionaires threaten American democracy, data from the Harris Poll’s annual Americans and Billionaires Survey shows, up seven points from when the same question was posed last year. The survey found that Americans are becoming less enchanted with billionaires overall and want to see increasing regulations put on those with high net worths, including a limit on how much wealth someone can accumulate. More than half of respondents this year said they’d like to see limits on wealth accumulation (53%, up from 46% in 2024), and those people largely think nobody should be allowed to have more than $10 billion. Americans are also largely in favor of more regulations on billionaires—71% of respondents said there should be a billionaires tax and 64% think the government should impose mandatory philanthropic involvement for people worth more than $1 billion. Over a third of Americans believe the U.S. economy is an uneven playing field that prioritizes the ultra-wealthy, with more than seven in 10 agreeing that wealth inequality is a serious national issue. Almost all (94%) of respondents believe there is a wealth gap in America, with the top drivers cited as the rising cost of living outpacing incomes, corporate tax loopholes and lack of affordable housing. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so…

Most Americans Now Believe Billionaires Are A Threat To Democracy, New Data Shows

2025/11/15 02:44

Topline

A rising number of Americans believe billionaires pose a threat to democracy, newly released data shows, and seven in 10 want the ultra wealthy to play a smaller role in U.S. politics amid an administration that has publicly cozied up to the country’s richest people.

(L-R) Priscilla Chan, Meta founder Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla CEO Elon Musk attend the inauguration of Donald Trump.

Getty Images

Key Facts

More than half of Americans (53%) believe billionaires threaten American democracy, data from the Harris Poll’s annual Americans and Billionaires Survey shows, up seven points from when the same question was posed last year.

The survey found that Americans are becoming less enchanted with billionaires overall and want to see increasing regulations put on those with high net worths, including a limit on how much wealth someone can accumulate.

More than half of respondents this year said they’d like to see limits on wealth accumulation (53%, up from 46% in 2024), and those people largely think nobody should be allowed to have more than $10 billion.

Americans are also largely in favor of more regulations on billionaires—71% of respondents said there should be a billionaires tax and 64% think the government should impose mandatory philanthropic involvement for people worth more than $1 billion.

Over a third of Americans believe the U.S. economy is an uneven playing field that prioritizes the ultra-wealthy, with more than seven in 10 agreeing that wealth inequality is a serious national issue.

Almost all (94%) of respondents believe there is a wealth gap in America, with the top drivers cited as the rising cost of living outpacing incomes, corporate tax loopholes and lack of affordable housing.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.

Big Number

310. That’s how many billionaires in the world are worth more than $10 billion, according to Forbes estimates Friday. Of those, 122 are American.

Read More

Source: https://www.forbes.com/sites/maryroeloffs/2025/11/14/americans-want-billionaires-out-of-politics-and-think-theyre-a-threat-to-democracy-poll-shows/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Forget The Obituaries—Cardano Is Alive, Says Bitcoin Analyst

Forget The Obituaries—Cardano Is Alive, Says Bitcoin Analyst

Widely followed Bitcoin figure Lark Davis pushed back on suggestions that Cardano is finished, saying, “what is dead can never die.” At the same time, he pointed out that on-chain activity looks flat. Related Reading: Dogecoin Alert! Price Could Explode Over 2,800%, Analyst Says Cardano (ADA) was trading at $0.51, down 8.8% in the past 24 hours, and it holds a market cap of $18.8 billion. That is the context for a larger question now being asked across crypto circles: can community and hype move a token more than real network use? On-Chain Activity Shows Little Movement Davis admits that user activity is low and DEX volume is thin. Development updates are limited, daily revenue is weak, and stablecoins barely register on the chain. He made his point with humor too, joking that Cardano’s founder Charles Hoskinson has “a beard worth $25 billion.” But the main claim was serious: the chain’s raw on-chain metrics don’t look strong right now. Is Cardano $ADA dead? Here’s my take. ⤵️ pic.twitter.com/oGnVuQuy9N — Lark Davis (@TheCryptoLark) November 12, 2025 Community Strength And Brand Can Still Drive Prices Based on reports, Davis argued that numbers don’t tell the whole story in crypto. He compared Cardano to XRP and noted that a token can have a big market cap despite questions over intrinsic use; XRP once reached about $150 billion in market value. According to Davis, old buyers can return and push a token higher even when network use is low. That is part of why some traders treat certain assets as almost cult-like. Sentiment matters, but momentum matters more than steady on-chain growth in many cases. Technical Signals Point To A Narrow Upside If Key Levels Break TradingView analyst “AltcoinPiooners” has highlighted recent price action and a possible shift in market pressure. Reports show ADA tested support at $0.53 after hitting $0.60 on November 11 and falling the next day. Analysts See A Clear Path, But Risks Remain According to the analyst, ADA could move to $0.62 and then to $0.65 if $0.60 is cleared, a move that would equal more than a 16% gain from current levels. Reports also revealed that Cardano whales added 348 million ADA over four days while the price dipped below $0.50 recently. On the flip side, a failure at support could send ADA down toward $0.52. That risk was flagged by the same analyst. Related Reading: XRP Earns Academic Praise: University Study Calls It ‘Gold In Your Hands’ Although the debate around weak usage continues, reports have stressed that Cardano is far from dead. The project still commands a loyal base, steady interest from long-time holders, and a market cap in the billions. Featured image from Unsplash, chart from TradingView
Share
NewsBTC2025/11/15 03:00
Crypto Market: Traders Claim the Bear Market Has Begun, but One Major Signal Is Missing

Crypto Market: Traders Claim the Bear Market Has Begun, but One Major Signal Is Missing

The post Crypto Market: Traders Claim the Bear Market Has Begun, but One Major Signal Is Missing appeared on BitcoinEthereumNews.com. Key Insights Many crypto market traders believe the bear market is already here, but several signals do not match a real cycle top. The Pi Cycle Top indicator, which has called the last three tops, has not triggered yet. Past bear markets only began after a confirmed top, not before it, which suggests this cycle may still have room left. The crypto market has been falling for weeks. Many traders now believe the bear market has already begun. The total market cap was near $3.94 trillion on 6 October. It corrected to $3.59 trillion on 11 November. It then dropped again to almost $3.20 trillion this week. These are big moves, so fear is rising fast. But when we place all signals side by side, the picture is not complete. Several charts show weakness. But the main top signal for Bitcoin has not appeared yet. Crypto Market: Traders Think Bear Market Already Started Many shared charts point to some tension for the crypto prices. One chart shows Bicoin USD heading lower than the 50-week moving average. A moving average shows the average price over time, and traders watch it to track the price and market trend. Bitcoin 50W MA Signal | Source: X Older charts compare the 2025 to 2015–2018 and 2018–2021 (4-year moves). In those charts, the peak looks like it formed in late October. This made the correction look like the start of a new downtrend. Do note that it was in October when the Bitcoin price hit a new peak of $126,000. Crypto Market Older Cycles | Source: X Some on-chain charts show long-term holders moving coins. The rise in CDD suggests older coins are transferring, which can look like early selling. Crypto Market CDD Looks Bearish | Source: X ETFs also added pressure. Bitcoin ETFs saw…
Share
BitcoinEthereumNews2025/11/15 03:38