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NNN0LHI

(67,190 posts)
27. 2000 poll: 39% of Americans thought they were either in the top 1% or would be some day
Tue Apr 17, 2012, 05:13 PM
Apr 2012
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 taxes—which, 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 don’t oppose tax cuts for the wealthy because they think it somehow does now, or will one day, apply to them.


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Yes, that is the carrot they dangle in front of the donkey. MrSlayer Apr 2012 #1
That is the only explanation I can ever come up with. liberal N proud Apr 2012 #2
Not over at Freepers. They think Armageddon is coming dimbear Apr 2012 #3
That is the question that was posed to Aunie Pinko 11 years when I joined DU underpants Apr 2012 #4
Yes. Daniel537 Apr 2012 #5
An appalling number of them do. But that might be dwindling. Here is a classic case: CTyankee Apr 2012 #6
Many of these people are happy to siphon off the state Rosa Luxemburg Apr 2012 #7
OK, here's the deal: they would say that they work hard every day and the "welfare CTyankee Apr 2012 #9
Yep Rosa Luxemburg Apr 2012 #12
I have never met a die hard Republican voter obxhead Apr 2012 #8
I always ask them: "what makes you think they want you in their club?" CTyankee Apr 2012 #10
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
It's incredible isn't it! Rosa Luxemburg Apr 2012 #15
A few years ago, at work I asked a young guy (a former Marine) if he thought he was subject CTyankee Apr 2012 #17
Someone needs to inform these people Rosa Luxemburg Apr 2012 #25
Yeah, I felt so bad for this kid. Fox is scandalous...but what else is new? CTyankee Apr 2012 #30
They think they belong to the 'club' Incitatus Apr 2012 #14
Well here in Michigan they voted in Snyder and trixie Apr 2012 #16
you've seen this? Rosa Luxemburg Apr 2012 #23
So true! trixie Apr 2012 #29
it's a good one Rosa Luxemburg Apr 2012 #33
IMO, Yes they do. But disturbingly ..., 1StrongBlackMan Apr 2012 #18
The idiots among them sure do. The mega-rich know it's impossible. Sarah Ibarruri Apr 2012 #19
and it will all be Obama's fault trixie Apr 2012 #20
Oh of course. But even when they have a Repuke president, the dumb GOPers still dream they'll get Sarah Ibarruri Apr 2012 #21
Middle-class GOP voters can't get it through thier thick skulls baldguy Apr 2012 #22
Probably, but do they wonder why they didn't get rich under Bush or Reagan? treestar Apr 2012 #24
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
those same people are probably in debt 'up to their eyeballs' Rosa Luxemburg Apr 2012 #32
They seem to have more resentment for people less fortunate than themselves PA Democrat Apr 2012 #28
This is what we hear about - 'them' Rosa Luxemburg Apr 2012 #31
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