This is interesting and jibes with my view of the role money/taxes plays in politics:
Simply being highly paid isn’t enough. To be happy, people need to perceive themselves as being more highly paid than their friends and work colleagues.
“Our study found that the ranked position of an individual’s income best predicted general life satisfaction, while the actual amount of income and the average income of others appear to have no significant effect,” says lead researcher Chris Boyce of the department of psychology at the University of Warwick.
“Earning a million pounds a year appears to be not enough to make you happy if you know your friends all earn 2 million a year.”
Broadly speaking, liberal policies are based on the notion that it’s important for everyone to have basic necessities, conservative ones on the notion that it’s important for some people to have more money than other people. At first blush, one would think that liberal policies would have much broader appeal. But this study shows why that isn’t necessarily the case.