Stock returns, tax rates are both headed up?

Investment News is reporting on a new survey of millionaire investors conducted by Fidelity Investments. Reportedly 27% of the millionaires plan to increase their equity exposure this year, while just 7% plan a decrease. Additionally, the respondents were less concerned about the economy than they were in last year's survey.

However, more than 50% expect that tax rates on income, capital gains and dividends will be higher five years from now than they are today.

Does this tell us something about their expectations of the Presidential election?