Well, that actually makes sense now doesn’t it?
Courtesy of NYT:
Senator Elizabeth Warren’s plan to tax the assets of America’s wealthiest individuals continues to draw broad support from voters, across party, gender and educational lines. Only one slice of the electorate opposes it staunchly: Republican men with college degrees.
Not surprisingly, that is also the profile of many who’d be hit by Ms. Warren’s so-called wealth tax, which has emerged as the breakout economic proposal in the Democratic presidential primary race.
Nearly a year after Ms. Warren proposed it, the wealth tax has the support of six in 10 Americans, according to a new nationwide poll conducted by the online research firm SurveyMonkey for The New York Times. That support has dipped slightly since July, but Ms. Warren’s plan remains more popular than most proposed tax increases, and its appeal across coalitions is unusual among high-profile campaign proposals.
The ridiculous thing about this group who do not support the tax is that the vast majority of them, and I mean the vast majority, will remain unaffected by it.
I mean if you are Bill Gates, Michael Bloomberg, or Jeff Bezos well then fair play.
But if you are the manager of your local Costco, feeling super superior with your degree in economics, you have little hope of ever breathing the same rarified air with which billionaires fill their lungs.
What was that quote about Americans again?
Oh yes, “Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.”
And that is really the root of the problem right there.