A common misconception. Whether voters THINK they will benefit from tax breaks to the rich is endogenous. That’s part of what Fox News, or their mega-church-preachers try to influence. Presumably so they can get away w/ passing bills like this.https://twitter.com/sorkinese/status/937016519472672769 …
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Replying to @Moshe_Hoffman
The majority of voters in all camps is not rich, and against tax breaks for the rich. They always are. Popularity is not why politicians do it, but they have clear incentives
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Replying to @Plinz
I agree that that’s ALSO going on. But many more do support policies that benefit rich and corporations than are actually rich or CEO’s. B/c weird beliefs and ideologies. Eg trickle down.
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Replying to @Moshe_Hoffman @Plinz
Is there a difference between trickle down vs rising tide?
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Yes, but both are vague metaphors (roughly: incentivize for winning vs incentivize for growth) that make us intuit more than we understand. They have to be replaced with much more sophisticated mechanisms to make sense as models
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