PRINCETON, NJ — Politically, the wealthiest 1% of Americans — those in households earning $500,000 or more annually — are somewhat to the right of the remaining 99%, but more in terms of party identification than self-professed ideology. One-third of the nation’s “1%” identify themselves as Republicans, 41% as independents, and 26% as Democrats. This is a mirror image of the “99%,” a third of whom are Democrats, with 39% independents and a quarter Republicans.
When the party leanings of independents are taken into account, 57% of the nation’s wealthiest adults associate themselves with the Republican Party, compared with 44% of the “99%.” At the same time, Gallup polling finds little difference in the two groups’ ideological views. Among the very wealthy, 39% say their political views are conservative, 41% call themselves moderate, and 20% liberal, similar to the percentages seen among all others.