Rich Democrats Don’t Care About Income Inequality Any More Than Ric…

Rich Democrats Don’t Care About Income Inequality Any More Than Rich Republicans

The Democratic party might be know for promoting income equality, but according to a new study, its rich elites don’t care about it any more than Republicans.

Professors from U.C. Berkeley, Boston University, Yale Law School, and University of Maryland-College Park recently set up an experiment to test how groups with varying levels of “elite” status in society would distribute wealth. There were three different groups involved in the study—one representing average Americans (roughly 50/50 Republicans and Democrats), a group of “intermediate elite” University of California-Berkeley undergrads, and a group of Yale Law students, assumed to be in particularly high positions of wealth and influence in the future.

The results of the study were summed up by two of its authors in a Slate post, when they wrote:

Regardless of party, the elite donors whose money dominates politics, and the elite officeholders whose decisions set policy, don’t value economic equality.

http://time.com/money/4046099/income-inquality-democrats-republicans/

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