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TIE MY SALARY TO YOUR SALARY
AN ACT OF PARITY
By linking the salaries of Congressional Representatives and Senators to the median salary of the voters in their districts (with some consideration for having to maintain two homes), our representatives should develop a healthy inclination to craft policies that benefit the majority of Americans. What could be more fair?
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Currently, Congresspersons "make" $176,800 a year, while the 99% scrape by with what they can. For the Salaries of other Florida legislators see the Sunshine Review's Florida State Government Salary page.
Money begets money: For many lawmakers, salary is secondary
"Year after year, OpenSecrets.org data shows that Congress is a millionaire’s club. That’s true even though members make “only” $174,000 a year, largely because many of them are wealthy before they’re elected. In fact, salary isn’t the top source of income for a large group of these lawmakers: Their pay is outstripped by the interest and capital gains they collect on their bank accounts, mutual funds and other financial holdings.
In other words, they’re not earning most of their money; their money is making money.
The average American hasn’t had much experience with that. In 2014, the money made by the money of at least 160 members of the 114th Congress — more than one-third — was greater than the total income of the median American household ($53,657). At least 174 made more money from their money than the median household in their own district made overall. And 68 made more money this way than by drawing a congressional paycheck. (We excluded income from property rentals in our analysis.)
In 2014, the money made by the money of at least 160 members of the 114th Congress — more than one-third — was greater than the total income of the median American household ($53,657). At least 174 made more money from their money than the median household in their own district made overall. And 68 made more money this way than by drawing a congressional paycheck. (We excluded income from property rentals in our analysis.)" -- OpenSecrets.ORG
# # # #
Currently, Congresspersons "make" $176,800 a year, while the 99% scrape by with what they can. For the Salaries of other Florida legislators see the Sunshine Review's Florida State Government Salary page.
Money begets money: For many lawmakers, salary is secondary
"Year after year, OpenSecrets.org data shows that Congress is a millionaire’s club. That’s true even though members make “only” $174,000 a year, largely because many of them are wealthy before they’re elected. In fact, salary isn’t the top source of income for a large group of these lawmakers: Their pay is outstripped by the interest and capital gains they collect on their bank accounts, mutual funds and other financial holdings.
In other words, they’re not earning most of their money; their money is making money.
The average American hasn’t had much experience with that. In 2014, the money made by the money of at least 160 members of the 114th Congress — more than one-third — was greater than the total income of the median American household ($53,657). At least 174 made more money from their money than the median household in their own district made overall. And 68 made more money this way than by drawing a congressional paycheck. (We excluded income from property rentals in our analysis.)
In 2014, the money made by the money of at least 160 members of the 114th Congress — more than one-third — was greater than the total income of the median American household ($53,657). At least 174 made more money from their money than the median household in their own district made overall. And 68 made more money this way than by drawing a congressional paycheck. (We excluded income from property rentals in our analysis.)" -- OpenSecrets.ORG
