> ... absolute majority of them are not billionaires.
I see two big factors in play here:
1. The widespread belief in American exceptionalism, once characterized as every American thinks of themselves as a temporarily embarrassed millionaire [1]; and
2. The power of propaganda. The number of low-income people who will fight to the hilt that Jeff Bezos shouldn't pay slightly more taxes to pay for the society that made his wealth possible and continues to make it possible is astounding.