There is a policy rationale behind the idea, of course -- that these are the people who create jobs, so you don't want to discourage that by making them give the government more of their money. Wealthy Democrats, by contrast, often talk about raising their own taxes in the name of fairness. It doesn't make them any less wealthy, but it puts them in line with public opinion (two-thirds favor raising taxes on the rich) and it may help them seem more in touch with daily economic realities.
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