And on a slightly longer time horizon, their optimism increases for 2010, bringing it to the highest level since Fidelity's "Millionaire Outlook" study began in 2006. In addition to anticipating a stock market rebound, there was increased optimism that business spending and consumer spending would rebound. The survey revealed one huge cloud on the horizon for millionaires: the likelihood of higher taxes. Those expecting higher capital gains taxes was at 72%, while 67% anticipate a higher dividend tax rate, and 62% predict higher federal income tax rates. They indicate they are taking action now, including accelerating plans to harvest remaining capital gains at the current low rates.