The left likes to imagine they are g-d over the poor masses. Poor people make them feel like they are elite. They would redistribute wealth so that people who are not stupid also fit their elitist view of themselves feeding the idiots with food lines and rationing.
The Founders strongly believed in strict minimum property requirements to vote—so many acres, so much money, so much livestock, etc. They knew their history and knew that lenient voting requirements would allow the incompetent to pick the pockets of the competent via the ballot box. Ben Franklin said, “Once people figure out that they can pick their neighbor’s pocket by the ballot box, the Republic is doomed.” How precient.