It’s usually assumed that the reason Americans specifically don’t want to see taxes raised on the rich is because, in spite of driving a defunct GM brand four-door, they think of themselves as the “soon-to-be rich.” But a paper published in the National Journal of Economic Research in July suggests otherwise. They offer that it’s not hoping to be on top that makes us not want the wealthier to be taxed more – it’s the fear of being at the bottom. It’s referred to as “last-place aversion.”
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This blog will focus on political images I have found all around the Internet, though I will intersperse some commentary and quotes that I find interesting.
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