Sunday, November 24, 2024

How zero-sum pondering can influence attitudes toward taxes

Do you imagine the world as a “zero-sum world” where resources are limited and my gain is your loss? Or do you suspect that resources are abundant and we are able to all profit from one another’s success?

The answer says rather a lot about the way you view taxes in addition to immigration, universal healthcare, affirmative motion and plenty of other policy decisions. But New research suggests this that the way in which people take into consideration these questions and their connections to political preferences are more complicated than they may initially seem.

Complicated relationships

For example, belief in a zero-sum world is expounded to race, age, and even family history of deprivation and hardship. However, the relationships with income, education and political party are more complicated.

For example, people earning greater than $150,000 and people with college degrees often hold a zero-sum view and support the federal government’s income redistribution policies, even when this might lead to them paying higher taxes. And white, rural and older populations, who often profit economically from government redistribution, are opposed.

It’s an enormous study with rather a lot to delve into. Researchers from Harvard, the London School of Economics and the University of British Columbia surveyed greater than 20,000 U.S. residents on a wide selection of topics and private characteristics. They used survey responses to develop a zero-sum belief index that’s distinct from other commonly cited values ​​and beliefs that may explain political beliefs.

Cross party lines

Government policies can try to help the disadvantaged in quite a lot of ways, including: through a progressive tax lawand race and gender affirmative motion. But while those that take a zero-sum view lean more left-wing on these issues, many also favor more restrictive immigration policies.

And while those with a zero-sum mentality are inclined to lean more toward Democrats than Republicans on average, the authors found that there are wide differences of opinion inside parties.

For example, Democrats generally support immigration, but many favor more restrictive border policies. President Biden and congressional Democrats can have responded to this phenomenon after they supported immigration restrictions in a Senate bill earlier this yr (the measure is stuck within the Republican-controlled House of Representatives).

At the identical time, while Republicans usually tend to consider that folks share a growing pie, a good portion support some economic redistribution. The paper found broad support even amongst Republicans for increasing taxes on high-income households. This finding confirms Work by my TPC colleague Vanessa Williamson And many otherincluding economist Stefanie Stantcheva, a co-author of the brand new paper.

Help explain elections

The authors argue that this bipartisan phenomenon might also explain why 13 percent of those that voted for Barack Obama in 2012 and 12 percent of those that voted for Sen. Bernie Sanders within the 2016 Democratic primary voted for Donald Trump within the 2016 general election voted. This was particularly true for strong zero-sum thinkers.

Why? The authors explain that Trump often spoke in zero-sum terms (and still does). For example, he recurrently portrayed the world as immigrants vs. natives, China vs. the United States, or bizarre people vs. the Washington elite. This worldview aligns closely with voters who share the zero-sum worldview, including Democrats.

It could also explain why TAmong black Americans, their rear ends fare relatively well. In this study, black respondents were among the many strongest supporters of a zero-sum world, together with lower-income and younger people. Therefore, some members of those groups may support Trump based on this perceived shared worldview, though they might not profit from his economic policies.

The authors note that a zero-sum mentality may end up from a desire to correct past mistakes or procedural injustices. They also found that these views were more common amongst individuals who had no previous experience with economic mobility, reminiscent of younger respondents, who tended to pass though periods of relatively slow U.S. economic growth.

In contrast, those that have experienced economic mobility, including many immigrants, are much less more likely to see the world from a zero-sum perspective. Even those whose families immigrated to the United States two or three generations ago and native-born individuals who grew up in communities with large immigrant populations are less more likely to view the United States as a zero-sum place.

Tax policy

What does this mean for tax policy? Nearly 80 percent of respondents said they’d sign a petition that said, amongst other things, that Congress should “raise the tax rate on high-income families to increase funding for programs that help low-income families.”

People who held zero-sum views were more more likely to support the petition, and those that explicitly supported income redistribution were way more likely. But many respondents who disagreed less with the zero-sum view also supported the petition.

All of this has essential implications for each policy and politics. For example: This research suggests that it is likely to be possible to form a coalition that supports each the progressive idea of ​​raising taxes on high-income households and immigration restrictions, which are sometimes supported by conservatives.

Latest news
Related news