Tags: Democrats | rich

Democrats Party of the Rich

By    |   Tuesday, 27 Nov 2007 11:43 AM

Democrats may present themselves as defenders of the middle and lower classes, but in fact they have become the new “party of the rich,” according to a report from the Heritage Foundation.

Democrats now control more than half of the wealthiest congressional jurisdictions, when a wealthy American is defined as a single taxpayer earning more than $100,000 a year and married income tax filers earning more than $200,000.

More than half of the wealthiest households live in the 18 states where Democrats hold both U.S. Senate seats.

In the House, Speaker Nancy Pelosi’s San Francisco district is home to more than 43,700 wealthy households, while House Republican leader John Boehner’s Ohio district has fewer than 7,000 well-heeled households.

Democratic majority leader Steny Hoyer’s Maryland district has a median income of more than $62,000, while his GOP counterpart, minority whip Roy Blunt, represents a Missouri district where the median income is only $33,000, Michael Franc, the Heritage Foundation’s vice president of government relations, reported in the Financial Times.

Democrats thrive in wealthy areas even in staunchly Republican states such as Georgia and Kansas.

In Iowa, the three most prosperous House districts are represented by Democrats, while the two poorest are Republican seats.

Noting that Democrats in Congress are readying a tax increase of at least $1 trillion over the next decade, Franc observes:

“Pelosi says she wants to extract all of this from ‘the wealthy.’ When has a party ever championed a policy that would inflict so much pain on its own constituency? At what point will affluent Democrats crack and mount a Blue State tax rebellion?”

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Democrats may present themselves as defenders of the middle and lower classes, but in fact they have become the new “party of the rich,” according to a report from the Heritage Foundation.Democrats now control more than half of the wealthiest congressional jurisdictions,...
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2007-43-27
Tuesday, 27 Nov 2007 11:43 AM
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