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In reply to the discussion: Howard Dean highly disappointed me with his statement about Senator Warren. [View all]NanceGreggs
(27,835 posts)That has nothing to do with Dean pointing out that many people - particularly those you and I might categorize as being upper middle-class - think of themselves as "rich" or "wealthy".
Ergo, when they hear "tax the rich", they think it is they who are being targeted for having their taxes raised.
It is a matter of people's perception - not the reality.
There was a survey done a while back, which I am pretty sure was linked-to on DU. I cannot find it now (I'm working and don't have the time), but in that survey, people who had very high incomes described themselves as being in the 1% category - even though their incomes and net worth were BILLIONS short of being within the top 1%.
Again, it was their perception of the definition of "the 1%" that they were going on, and not the reality of what "the 1%" are actually worth.