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In reply to the discussion: Do Republican voters think they will become RICH if they vote for Romney? [View all]NNN0LHI
(67,190 posts)27. 2000 poll: 39% of Americans thought they were either in the top 1% or would be some day
http://www.salem-news.com/articles/july272009/american_money_dj_7-27-09.php
Jul-27-2009
(CALGARY, Alberta) - Americans believe, as part of their cultural mythology, that potentially anyone can get rich. Wealth really comes from three basic sources: You can win it, inherit it or be born in the right place at the right time.
None of these things are in your sphere of control, and if you know you are not in line to receive any inheritance, to believe that one of the other two will strike you, is self-delusional.
A study published by the Federal Reserve Bank of Cleveland, found that only 2.7% of Americans receive $50,000 or more in inheritance; 91.9% receive nothing. Thus, the attempt by some conservatives to eliminate inheritance taxeswhich, for PR, they always call "death taxes"would take a huge bite out of government revenues for the benefit of less than 1% of the population. So, forget inheritance as a way to get rich.
People vote their aspirations, not their reality. In a poll during the 2000 election, people were asked if they were in the top 1 percent of earners. Nineteen percent of Americans said they were in the top 1 percent and another 20 percent expect to be someday. So immediately there is more than a third of Americans who dont oppose tax cuts for the wealthy because they think it somehow does now, or will one day, apply to them.
Jul-27-2009
(CALGARY, Alberta) - Americans believe, as part of their cultural mythology, that potentially anyone can get rich. Wealth really comes from three basic sources: You can win it, inherit it or be born in the right place at the right time.
None of these things are in your sphere of control, and if you know you are not in line to receive any inheritance, to believe that one of the other two will strike you, is self-delusional.
A study published by the Federal Reserve Bank of Cleveland, found that only 2.7% of Americans receive $50,000 or more in inheritance; 91.9% receive nothing. Thus, the attempt by some conservatives to eliminate inheritance taxeswhich, for PR, they always call "death taxes"would take a huge bite out of government revenues for the benefit of less than 1% of the population. So, forget inheritance as a way to get rich.
People vote their aspirations, not their reality. In a poll during the 2000 election, people were asked if they were in the top 1 percent of earners. Nineteen percent of Americans said they were in the top 1 percent and another 20 percent expect to be someday. So immediately there is more than a third of Americans who dont oppose tax cuts for the wealthy because they think it somehow does now, or will one day, apply to them.
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Do Republican voters think they will become RICH if they vote for Romney? [View all]
Rosa Luxemburg
Apr 2012
OP
An appalling number of them do. But that might be dwindling. Here is a classic case:
CTyankee
Apr 2012
#6
OK, here's the deal: they would say that they work hard every day and the "welfare
CTyankee
Apr 2012
#9
the same people with huge credit card debts and homes about to foreclosed
Rosa Luxemburg
Apr 2012
#11
I have actually watched dirt poor people become hysterical over the "Death Tax"
NNN0LHI
Apr 2012
#13
A few years ago, at work I asked a young guy (a former Marine) if he thought he was subject
CTyankee
Apr 2012
#17
Oh of course. But even when they have a Repuke president, the dumb GOPers still dream they'll get
Sarah Ibarruri
Apr 2012
#21
all republicans think they're rich, just down on their luck at this current time
spanone
Apr 2012
#26
2000 poll: 39% of Americans thought they were either in the top 1% or would be some day
NNN0LHI
Apr 2012
#27
They seem to have more resentment for people less fortunate than themselves
PA Democrat
Apr 2012
#28