“The more income disparity increases, the less likely that is to happen as long as those with low incomes vote.”
What is inherently wrong with income disparity ? Everyone has different talents. Why shouldn’t you expect different results ? If wealth is being acquired illegaly, then the solution is to enforce the law, not to redistribute wealth. Redistribution will take from those that did nothing wrong as well as those that did.
The family earning $49K likely wouldn’t qualify for any sort of welfare benefits, so the jump from 10% to 12% would get a “NO” vote from them.
Those actually eligible for a welfare program would amount to less than 15% of the voters, so there will not be enough of them to vote to take money from the majority.
I am concerned about the growing number of middle-class voters that end up with no income tax bill and become apathetic about containing government waste and nanny state spending.
I am also concerned about the growing number of people who participate in the economy and yet fall below taxable limits - I'm just not sure that figuring out a way to make them pay income taxes is the answer.