This is actually not because most consumers have Dudes just taste better LGBT shirt poor palettes. It is mostly an issue of how the wine is built. If you went into a large wine shop and you were going to randomly pick out a bottle of wine around ~$15 and afterward you randomly picked out a bottle of wine that was $100+ I would be willing to bet that the odds of you liking the $15 wine more will be higher than the $100+ bottle. Why would that be? This is mostly because more expensive bottles are typically built to age. Certain styles of wine are by default built to age such as Brunello, Barolo, etc but especially more expensive bottles will taste very unbalanced if opened early and requires patience spanning years sometimes decades to reach that sweet spot. Ultimately for most consumers, cheap will taste better because expensive wines show their true colors after years of patience in a good storage environment.
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It is important to note that the converse is true as well: Dudes just taste better LGBT shirt wines are not built to age and will not taste better with age and most likely will taste worse. For most wines out there, the earlier you drink them, the better they will taste. It is worth noting that wines that are around $5 can achieve such prices due to very heavy mechanization and automation while $30 bottle of wine will have much more manual and human care given. Despite the care given to the vines, this does not necessarily translate to better wine as there is plenty of poorly made wine in the $30 – $50 range. Once you cross the ~$60 range it is mostly due to the demand of the wine given its supply.