I think people will cheer for anything, given consistent positive reporting in mass media.
And media is typically not controlled by people owning <$15M.
If you wrap things nicely in populist rethoric and act in the best interests of media owners (i.e. the rich) then detrimental (for the median voter) changes to tax code are trivial to push through. Just compare the 2017 TCJA act, or the current lunacy-in-progress (essentially replacing progressive tax rates with regressive tariffs).
Sure, it would be easy to make people cheer for additional significant taxes for 1-percenters, but that does not really matter because its not gonna happen.
And media is typically not controlled by people owning <$15M.
If you wrap things nicely in populist rethoric and act in the best interests of media owners (i.e. the rich) then detrimental (for the median voter) changes to tax code are trivial to push through. Just compare the 2017 TCJA act, or the current lunacy-in-progress (essentially replacing progressive tax rates with regressive tariffs).
Sure, it would be easy to make people cheer for additional significant taxes for 1-percenters, but that does not really matter because its not gonna happen.