PA Reps. Barletta, Cong. Kelly, Cong. Shuster, and Sen. Toomey slammed in new video
****See Video Here****
(Philadelphia)—A group of Patriotic Millionaires released a video challenging several of Pennsylvania’s prominent politicians for their opposition to the “Buffett Rule.” The Buffett Rule refers to billionaire Warren buffet’s call for Congress to raise taxes on people like him who earn over $1 million per year.
The video – PENNSYLVANIA’S MILLIONAIRE POLITICIANS – charges that the Pennsylvania Millionaire Politicians are opposing the Buffett Rule to benefit themselves rather than the country.
Pennsylvania Reps. Louis Barletta, Mike Kelly, Bill Shuster, and Sen. Pat Toomey are prominently featured in the video.
Here is a list of the Pennsylvania Millionaire Politicians featured in the video. Here is a complete list of 136 Millionaire Politicians opposing the Buffett Rule.
Some facts about millionaires in Congress:
- 48 percent of Congress members are millionaires while only 1 percent of all Americans are millionaires
- 55 members of Congress have an average wealth of $10 million and 8 members have an average wealth of $100+ million
- During the worst part of the recession 2008-2009, the median wealth of a congressional member rose $125K
- The median wealth of a House member is $700,000+, while the median wealth for a senator was over $2 million
- 5 of the 6 Republican members of the new Super Committee for the Budget are millionaires.
Why do Pennsylvania Millionaire Politicians oppose the Buffett Rule? Oh. That’s Why.
Patriotic Millionaires include: more than a dozen current and former Google employees, actress Edie Falco (Nurse Jackie); Susie Buell, Founder of Esprit; John Katzman, the founder of the Princeton Review; legendary philanthropist Michael Steinhardt; famed economist Nouriel Roubini; financial guru Andrew Tobias, top executives from Warburg, Pincus and other major financial firms, Dennis Mehiel, Chairman and Founder, U.S. Corrugated, Inc.; Ron Garret, Venture Capitalist – Former Google employee; Abigail Disney, Filmmaker, philanthropist; Peter Norvig, Computer Scientist; David Brown, Investor / Entrepreneur; Dal LaMagna, Co-Managing Partner IceStone; Leo Hindery, Managing Partner, InterMedia Partners; Frank Jernigan, Former Senior Software Engineer at Google; Michael Barr, Small Business Owner; Charlie Fink, Entrepreneur and Philanthropist; Daniel Berger, Attorney; Linda Gottlieb, Film / TV Producer; David Watson, Music Producer; Josh Kanter, Attorney; Garrett Gruener, Co-Founder / Director; and Dr. Robert Johnson, Executive Director – Institute for New Economic Thinking among others.
For more information about the Patriotic Millionaires, please visit www.patrioticmillionaires.org.