Why Rich People Hate Taxes (Hint: It's Not For The Reasons You Think) - News Summed Up

Why Rich People Hate Taxes (Hint: It's Not For The Reasons You Think)


When it comes to our attitudes toward taxes, we feel first and think later. Anyway, in their first study, the researchers looked at the relationship between social status and political ideology. People with modest incomes hated income redistribution just as much as those with high incomes. Instead, the researchers found that it was people’s perceived social status that correlated with these attitudes. People who felt like they were high in social status were less enthusiastic about income redistribution than those who didn’t perceive themselves to have high status.


Source: Forbes January 27, 2017 14:28 UTC



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