Rank-and-file members of both the House and Senate are paid $174,000 a year.
That probably seems like a decent amount of money, and it is: The median household income in 2022 was $74,580, according to the US Census.
But consider that members of Congress generally have to maintain two residences — one in Washington, DC, and one in their home state — and that they haven’t gotten a raise since 2009.
Inflation, meanwhile, has eaten away at the value of that salary over time: If lawmakers’ salaries had kept pace with inflation, they would be paid over $250,000 today.
Rep. Patrick McHenry, a North Carolina Republican who served as the interim speaker of the House following Kevin McCarthy’s ouster, told The Dispatch that congressional pay needed to be raised in order to attract “credible people to run for office.”
I don’t understand!! The federal government was never supposed to be a retirement. It was about civic duty. That’s the problem everyone wants to retire off the taxpayers. They don’t follow the constitution anymore. I challenge you to actually read the constitution. They will say it how you interpret it but it’s a simple document. The men that wrote it did it that way on porpoise. They could have wrote a lot more words to it but they didn’t because they knew lawyer could twist the word for interpretation. Read the part were the lawyers say they can tax the individual income at the federal level. It only says they can tax the STATE for the different income levels in it. They use to just go off of population and tax the STATE per head count. No where in it does it say they can tax the individual directly.
The STATES use to collect the taxes and they State government would pay the federal government. Well the states kept taxing at the same rate not giving any money to the federal government. So now the people are double taxed.
Look up where to head supreme court Justice at the time said the 16th amendment gave the federal government no more power than it already had. Well before that they could not tax the individual directly and they don’t really have the power now they just do.
Before you say I’m crazy look at the constitution yourself and tell me how you think it reads. That is the 16th amendment. While your at it look up the army clause where it says the federal government can only leave a standing army for 2 years only in war time. If not in war time its supposed to be dissolved and turned back to the stated.
The states
Most of us don’t have wealth
Reality disagrees. While over half of Congress are millionaires, the highest credible number for the US population in general is 12%
In fact, the 100 highest earners in Congress more than doubled (https://ballotpedia.org/Personal_Gain_Index_(U.S._Congress) their personal wealth in a single year, with the top 10 “earners” increasing their wealth on average 422% in a single year!
Isn’t a fair bit of that graft and/or insider trading?
Yeah. After all, bribes are legal in Washington as long as you don’t say out loud what they’re for. And insider trading is hardly contained, politicians who have no prior experience with stocks suddenly consistently outperforming the market.
There’s even a Nancy Pelosi stock tracker for you to profit (less than her since she doesn’t have to announce in real time) on the insider trading of her and her husband!
In Washington, the corruption is not just overlooked, it’s written into the rules and demanded by party leaders 🤬
Hey, everyone: he just said 12% of the United States population are millionaires. More than one out of every 10 people. Think about that.
Guess how net worth looks for the bottom 88%.
Wealth disparity in this country is insane.
Hey, everyone: he just said 12% of the United States population are millionaires. More than one out of every 10 people. Think about that.
First, that’s the absolute highest estimate of anyone halfway credible.
Second, that includes real estate holdings. If you own a house anywhere even halfway desirable but don’t have a penny to your name otherwise, you’re usually still a millionaire.
Guess how net worth looks for the bottom 88%.
Absolutely 3rd world country atrocious. For some of the top 12% too, once you take their house out of the equation and only count the wealth they can spend without becoming homeless.
Wealth disparity in this country is insane.
Definitely. Anyone who says otherwise is either an idiot, part of the problem, or both.
Maybe they should have thought of that at some point in the last 44 years instead of destroying the socioeconomic mobility of the lower- and middle-class in the country. Now the leopard is eating their face, too, and it’s extremely appropriate.
