February 7, 2012

Lower-Income Republicans See Economic System as Less Fair

51%

About half (51%) of low-income Republican voters say that the economic system in the U.S. unfairly favors the wealthy.

Roughly a quarter of Republican and Republican-leaning registered voters have annual family incomes under $30,000, and they have a decidedly different view about the fairness of the economic system than do those with higher incomes. Of this group, about half (51%) believe that the economic system in the U.S. unfairly favors the wealthy. In comparison, 37% of GOP voters in the $30,000-to-$74,999 annual income bracket perceive unfairness; even fewer GOP voters (28%) with incomes of $75,000 or more agree.

Just under half (49%) of low-income Republicans believe that Wall Street hurts the American economy more than it helps. In comparison, 39% of Republicans with incomes between $30,000 and $74,999 share this view. A quarter of GOP voters with incomes of over $75,000 believe that Wall Street hurts the American economy more than it helps.

The most pronounced income-based difference of opinion was on the question of whether a “few rich people and corporations have too much power in the U.S.” Seven-in-ten low-income Republicans hold this view, compared to 54% of those in the middle income bracket and 39% of those earning over $75,000. Read More