Warren Buffet talks dividend voodoo

[mburbank]

I think identifying with the Rich is a very American trait. We think the Rich should 'get their money back' because we imagine we will be rich soon enough. We will win the lottery or our genious will be recognized, etc. etc. We think of ourselves as the proto-rich.

It's also very hard for most folks to concieve of being in favor of a policy that is not financially beneficial for them, as if wealth was a moral be all end all.