Why the poor don’t vote to soak the rich
“In a democracy, income inequality should in theory correct itself. The poor majority should vote to tax the rich and divide the proceeds among themselves. But that’s not happening in the United States. In fact, inequality has been rising for decades. Scholars suggest various explanations. Here’s one possibility that few have discussed: Poor voters may oppose a policy of higher taxes and income transfers because they wrongly think they’ll be victims of it.”