We examine factors that explain differences in opinions among Asian Americans and Latinos regarding the government’s responsibility in addressing economic inequality. We utilize a subjective social position framework to better understand variations in attitudes about the role the government should play in addressing the differences in income between people with high and low incomes. We use ordered logit models to assess 2020 Collaborative Multiracial Post-Election Survey data. Respondent’s age, feelings of marginalization, perceptions of local context, and use of alternative financial services are more important for predicting support or opposition to the government addressing income inequality. Taken together, the subjective social position of individuals goes a long way in explaining individuals’ attitudes regarding this matter.