US political power has always run in rich families, and they vote against taxes

A new study finds that children from wealthy families have always been overrepresented in US elected office. These politicians then tend to vote against higher taxes.

The idea that anyone can become a politician in the US is a core belief. This paper shows that political power has always been concentrated in wealthy families, even after major economic shocks. These politicians then make policy decisions that benefit their own class, like opposing higher taxes.