Politics

IRS Data Shows Democrats Are Now The Party Of The Rich

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For years, Democrats have presented themselves as the party of the middle class, standing up for the little guy.

That hasn’t been true for a long time, and now it is confirmed.

According to data from the IRS, Democrats are now the party of the rich.

The Washington Examiner reports:

Democrats are the party of the wealthy, IRS data shows

Democrats are the party of the wealthy, a flip from decades ago when it was the party of the poor and middle class.

Democrats represented 65% of taxpayers with a household income of $500,000 or more in 2020, according to IRS data, while 74% of taxpayers in Republican districts have household incomes of less than $100,000.

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