Dems now pushing for measure that would benefit ‘the 1%’
Democrats complain of “tax cuts for the rich” while pressing to raise rates on the wealthy, but it’s the Democratic Party that is now the “party of the rich,” according to IRS data.
Democrats comprised 65% of taxpayers with a household income of $500,000 or more in 2020, according to IRS data, the Washington Examiner reported.
Meanwhile, 74% of taxpayers in Republican districts have household incomes of less than $100,000.
The perception that the Republicans represent the “fat cats” and the Democrats the poor and middle-class worker nevertheless persists.