The revolt of the affluent

Last Friday in the Beltway Confidential blog I called attention to the letter signed by Democratic Congressman Jared Polis and 20 other Democrats, 19 freshmen and one sophomore, opposing the $554 billion supertax on high earners included in the House Democrats’ health care bill. That letter is featured prominently in 

the lead story in today’s Wall Street Journal, headlined “The Democrats’ New Worry: Their Own Rich Voters.” Here’s something to keep in mind. Barack Obama’s winning 2008 majority was a top-and-bottom coalition.

According to the Edison-Mitofsky exit poll, Obama carried voters with incomes under $50,000 and over $200,000. He lost among voters with incomes between $50,000 and $200,000. There’s obviously a certain tension between high-income and low-income voters.



Incidentally, in Colorado, Congressman Polis’s home state, the exit poll shows Obama getting a higher percentage (56%) among those earning more than $100,000 than among those earning less (53%). It shows Obama getting 53% from those between $100,000 and $150,000, so by interpolation those with incomes over $150,000 (who are the same percentage of the electorate as those in the $100,000-$150,000 bracket) cast 59% of their votes for Obama. Congressman Polis, who thanks to his success as an entrepreneur is among that high-income group, has evidently been paying attention.   

 

 

Related Content