It’s Not Just CEOs. Lawmakers Are the 1%, Too

by Mike Hall, Dec 27, 2011

Every wonder why it’s so hard to get a millionaires’ tax passed?

We all know that the gap between the 1 percent and the rest us has grown to obscene proportions. Their wealth has soared while ours has stagnated or fallen over the past decade and more.

We picture Wall Street stockbrokers, bankers and CEOs as the top winners in our out of whack economy. But new figures from the University of Michigan and the Center for Responsive Politics (CRP) show that members of Congress—where 250 lawmakers are millionaires—are doing better than anybody.

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