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ParkieDem

(494 posts)
Wed Jan 4, 2012, 10:56 AM Jan 2012

Most Members of Congress in the top 10% (showing each member's net worth)

Someone recently posted this graphic, based on a UC-Santa Cruz study, showing how many members of Congress fall in the top 1%, top 10%, etc., based on net worth:



I was wondering if there was a breakdown of who was where, and turns out, USA Today has this info. I thought it was interesting:

http://www.usatoday.com/news/washington/story/2011-11-15/congress-wealthy-1/51216626/1

Basically, 57 (or just over 10%) of Congress is in the top 1%. A majority of Congress is in the top 10%, and just about all are in the top 20%.

The two "least wealthy" members of Congress - one Democrat and one Republican - are both over $3 million in the hole.


Just though it was worth sharing ...

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Most Members of Congress in the top 10% (showing each member's net worth) (Original Post) ParkieDem Jan 2012 OP
Is the value of their pension and future health care exboyfil Jan 2012 #1
Doubtful. ParkieDem Jan 2012 #2

ParkieDem

(494 posts)
2. Doubtful.
Wed Jan 4, 2012, 12:42 PM
Jan 2012

This is based on the average ranges reported by each member on their financial disclosure forms.

Would like to see the value of those benefits, though, just like for corporate execs on SEC filings. It's not that hard to give a present value to those benefits.

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