galdre
Emperor
- Joined
- Feb 23, 2010
- Messages
- 1,859
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I didn't realize it was that high!
so - is this good? bad? neither?
For Congress, debating the extension of the Bush tax cuts for the wealthiest Americans is personal.
While the base pay for members of Congress is $174,000, nearly half -- 261, to be exact -- are millionaires, according to an analysis of 2009 data from the Center for Responsive Politics (there are 535 total members of the House and Senate). Just 1 percent of Americans overall can say the same.
While the economy has generally faltered over the past two years, congressional members actually saw their collective personal wealth increase by more than 16 percent between 2008 and 2009, according to the study, which analyzed financial disclosure data released earlier this year.
As many as 55 members had an average calculated wealth of $10 million or more in 2009, according to the Center.
I didn't realize it was that high!
so - is this good? bad? neither?