Tea Party House Members Even Wealthier Than Other GOP Lawmakers

mohandasgandhi:

The median average net worth of a member of the House Tea Party Caucus was $1.8 million in 2010. (Financial disclosure forms require lawmakers to value their assets and liabilities only in ranges, so it’s impossible to know exactly how wealthy a particular elected official is. However, it’s possible to calculate an average net worth for each member of Congress.)
That’s significantly higher than the comparable number for the median House member: $755,000. It’s also more than 130 percent above the $774,280 average net worth of the median, non-Tea Party Caucus House Republican.  
Furthermore, the caucus, a group of 60 House members founded by Rep. Michele Bachmann (R-Minn.), includes 33 millionaires and six members worth more than $20 million, according to the Center’s research. That means a member of the group is more likely to be a millionaire than the average Republican who isn’t in the caucus.
(Continue reading…)

Let’s break down the averages:

  • Recall: U.S. median income: $26,364
  • Median net worth for members of Congress: $775,000
  • Democratic non-Progressive House members: $618,500
  • Progressive House members: $639,500
  • Non-Tea Party House Republicans: $774,280
  • Tea Party House Republicans: $1,800,000

These are the guys who claim they are sticking up for the little guys ad nauseum.

I have 3 words for you: Tax. The. Rich.

Jan

7

2012

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    The median average net worth of a member of the House Tea Party Caucus was $1.8 million in 2010. (Financial disclosure...
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    Look at the fucking numbers. Look at them and tell me that you’re not angry. My parents work ten times harder and more...
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