Ideology, Party, and Opinions of Taxes on the Rich and Middle Class in the United States: Evidence from the 2016 General Social Survey
Steven T. Yen and
Ernest M. Zampelli
Public Finance Review, 2022, vol. 50, issue 5, 558-578
Abstract:
This paper examines attitudes toward taxes on the rich and middle class in the United States with emphasis on the impacts of political ideology and party identification. Using the 2016 General Social Survey, we estimate bivariate ordered probit models for a full cross-sectional sample, and subsamples stratified by party. Results suggest that proposals to reduce income and wealth inequalities and/or fund large federal expenditure increases by raising taxes on the rich will have difficulty in gaining the political traction necessary for success. Any proposal to raise taxes on both the rich and middle class has almost no chance of passage. Findings also indicate that party affiliation moderates ideological impacts on opinions of taxes on the rich and middle class, in some cases substantially.
Keywords: taxes on rich; taxes on middle class; political ideology; party affiliation (search for similar items in EconPapers)
JEL-codes: C25 H29 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:
Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/10911421221124561 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:50:y:2022:i:5:p:558-578
DOI: 10.1177/10911421221124561
Access Statistics for this article
More articles in Public Finance Review
Bibliographic data for series maintained by SAGE Publications ().