The “well off”, or “above average” not the “wealthy”. See above about the difference between the top 10%, 1%, and 0.1%.
Move that number up to $15K or $20K and it changes. And, is that a $500K mortgage or a $500K house? Depending on which, move that number up to $750K, $1M or $1.5M and that changes too.
There’s huge parts of the country where the cost of living, home values, and property taxes impact the proposed levels way way below what we would call the “wealthy” or those living a lavish lifestyle. These numbers hit this group harder.
It’s probably true that most of these areas lean democratic and screwing them is just a bonus. See much of NJ, MA, and CA.
Removing the incentive for home ownership is another bonus to wealthier people, as it encourages renting instead which is good for landlords.
