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Bloomberg
17 mins | May 13, 2020

How Democrats became the party of the upper middle class

The party may find it impossible to reclaim its historical identity. "Most observers treated this inversion of the usual partisan rhetoric about the rich as an anomaly. Democrats are, after all, willing to raise taxes on high earners and the wealthy in other ways. Some of the same people who would benefit from a bigger deduction for state and local taxes would get hit by the higher capital-gains taxes that Democrats seek ... But the Democrats' solicitude for the interests of the affluent in this case may not be the aberration it appears to be." Ramesh Ponnuru explores in Bloomberg the changing faces of the Democratic Party.

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