More proof of costly bad judgment in choosing Palin.
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According to Taylor's findings, the wealthy view McCain more favorably on foreign policy and even the economy, an area where Obama enjoys a perceived edge in recent national opinion polls during the current turmoil in financial markets.
"What Obama wins is an understanding of and sensitivity toward people," he said. "And as a general rule, people have agreed at the wealthy end they can afford some more taxes."
Richard Feurtado, head of wealth management at BlackRock Inc, the largest publicly traded U.S. asset management firm, said about 50 percent of his ultra-high net worth clients are Obama supporters. "People do things for all sorts of reasons, and maybe one of them is financial but there are many other reasons for the way people vote," he said.
Some rich Americans expect taxes to rise regardless of who wins the White House race, and some expect it even if the foundering U.S. economy tips into recession.
"Everybody believes that taxes are going up ... no matter who gets elected," said Timothy Vaill, chairman and chief executive of the wealth management arm of Boston Private Financial Holdings, a money-management firm.
Some wealthy foreign investors with big investments in the United States are unnerved by McCain's running-mate, Alaska governor and self-described 'hockey mom' Sarah Palin, said Charles Lowenhaupt, chairman of St. Louis-based Lowenhaupt Global Advisors, which advises ultra-high-net-worth families.
More proof of costly bad judgment in choosing Palin.
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