How visible displays of wealth make people support higher taxes – new study

How visible displays of wealth make people support higher taxes – new study

Song_about_summer/ShutterstockIn the middle of the ongoing cost of living crisis, exorbitant displays of wealth are back. Since the beginning of his term in January, US president Donald Trump has been literally bringing the gilded age back to the White House. In April, Katy Perry spent 11 minutes in space for an undisclosed price, reportedly as much as US$28 million (£21.4 million). In June, billionaire Jeff Bezos closed part of Venice, Italy, f…