Originally posted by NorrinRadd
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The median net worth of a member of Congress in 2014 was $456,522. Something must have changed towards the "wealthy" because 207 out of 535 members of Congress had a net worth that made them at least a millionaire, with the richest member at over $283 million. The president is reputed to be worth more than $1B (of course, we don't know if that is actually true). This is the group that signed into law a tax cut that gave an average 0.4% increase to the lowest wage earners, and 2.9% increase to the wealthiest (among which many of them number). The President signed it, all the while telling everyone "the wealthy won't benefit." The tax cuts to the lower and middle classes were significantly counter-balanced by closed loopholes, but the tax cut actually increased the loopholes to the wealthiest. And the tax cuts that most impact the lower and middle classes all have expiration dates, but the tax cuts that most benefit the wealthy have no expiration date. Meanwhile, the "tax cut that would pay for itself" has resulted in deficit levels similar to those under Obama - and he had a recession to deal with. We are in a healthy economy when deficits should be shrinking. Imagine what will happen to the deficit if we actually do slide into a recession in the next year or two.
It is not the "politics of envy" to recognize when you've been had and call a con job a con job.
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