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Assuming we say that a "millionaire" means anyone with a NET WORTH of more than $1 million, about 9% of the total number of households in the US qualify, as of the 2011 tax year. Surveys of people asking about wealth and party affiliations show that the Republican party outnumbers the Democratic party in that demographic. For instance, for those reporting an annual income of $150,000 or more (which is a good estimate of $1 million or more net worth), Republicans outnumber Democrats by about 54% to 38% (the rest being Independents).

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Q: What party has more millionaires Democrats or Republicans?
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