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(Image: Bill Gates, Warren Buffett, Larry Ellison – Democrats)
From the, “you never hear about that from the media” file – Those “Evil, Rich People” that Democrats are always wailing about are actually – Democrats.
While I don’t agree in referring to rich people as “Evil”, Democrats are often making such accusations. But what most people don’t realize is that the Top 3 “richest” people in the country are all Democrats. This list includes: Bill Gates, Warren Buffett & Larry Ellison are all Democrats. Together, they are worth $126 Billion Dollars.
An analysis of the Top 20 Richest People in America (from Forbes Top 100) reveals that a full 60% are actually Democrats. Furthermore, if you look at it from a “family” point of view and not as individuals, that ratio widens even further to: 25% Republican / 75% Democrat.
(The purpose of this analysis is not who makes the most money, but where they contribute / by party affiliation. Obviously, people from the same family would tend to contribute to the same party.)
Analyzing the data takes us even further. Not only are there more Democrats in the Top 20 list, but those Democrats are a lot more stingy with their money when it comes to campaign contributions. Republicans coughed up $5.2 million while Democrats squirted out only $2.1 Million. These statistics would indicate that the more you have, the less you give to your political party.
Contributions paid to special interest groups are a little harder to track. But we have no reason not to assume that the money these Top 1% of the population contribute to Special Interest groups wouldn’t match (or at least closely match) those of their chosen political affiliation. When you add in the money contributed to these groups, you end up with Republican Contributions at $10 million while Democrats contributed only $6 million. Again, it appears that the Democrats are a bit more stingy with their money.
Lest we not forget, Democrats outweigh Republicans. Not only in terms of the number of uber-millionaires, but also with their net worth. In this Top 20 group, Democrats have a combined net worth of $263.1 billion dollars while the Republicans have a combined net worth of only $143.9 billion dollars – almost half that of Democrats.
So the next time you hear some Liberal try the “Evil Rich Republican” rhetoric, remind them and everyone around you that it is the Democrats who are those “Evil Rich People”, not the Republicans. Then stand back and watch their head spin.
*Correction. In the attached chart, Christy Walton is listed as a Democrat when in fact she is Republican. However, the math was reported correctly.