Ahhh…so THIS is why they don't want to tax millionaires

Say whaaaa–? Hell NO you can’t!

It’s because they ARE millionaires. Here is the most-excellent tribute to the Michigan millionaires against the millionaires tax, put out by The Agenda Project’s Patriotic Millionaires:

Michigan Millionaires

and their powerful national ad:

Unpatriotic Millionaires

  • 48 percent of Congress members are millionaires while only 1 percent of all Americans are millionaires
  • 55 members of Congress have an average wealth of $10 million and 8 members have an average wealth of $100+ million
  • During the worst part of the recession 2008-2009, the median wealth of a congressional member rose $125K
  • The median wealth of a House member is $700,000+, while the median wealth for a senator was over $2 million
  • 5 of the 6 Republican members of the new Super Committee for the Budget are millionaires.

136 members of Congress who are millionaires have voiced opposition to President Obama’s Buffett Rule (list HERE – pdf.)

Shameful.

Cross-posted from Eclectablog. Stop by and sit a spell.

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4 Responses to Ahhh…so THIS is why they don't want to tax millionaires

  1. There it is!

  2. I think it particularly significant that some of them because millionaires after they became members of congress. How do you suppose that happened?

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