This piece was reprinted by OpEd News with permission or license. It may not be reproduced in any form without permission or license from the source.
Combined net worth: $2.8 billion
All support lower corporate, capital gains, and top bracket personal tax rates. They also back austerity cuts for ordinary Americans, including lower Medicare and Medicaid benefits.
Median US senator net worth is $2.63 million - 16% higher than 2008. In 2010, 37 Senate Democrats and 30 Republican counterparts had average net worths exceeding $1 million. So did 110 House Republicans and 73 Democrats.
In 2010, median Republican House member net worth stood at $834,250. For Democrats it was $635,000 for an average $756,765 - 17% higher than 2008.
By law, all House and Senate members must report their own holdings and that of spouses and dependents annually. However, precise investment values can't be determined so estimates are made. They exclude non-income generating personal property (including homes, cars, artwork, etc.) and pension benefit values.
Moreover, the top spousal bracket is "more than $1 million," so true net worth amounts for many lawmakers "are likely undervalued." For example, some believe John Kerry's wife Teresa Heinz's net worth exceeds $1 billion. As the Heinz heiress, it's likely more.
A Final Comment
At a time class war in America rages, growing human need goes unaddressed, Washington is corporate occupied territory, and endless imperial wars ravage the world one country at a time with more planned, congressional members never had it so good.
Next Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
2
2
1
