Navigation

The Millionaires Club

245

The number of millionaires in Congress, including 66 of 100 Senators

$4 million

The median net worth of freshman Senators elected in 2010

43

Percent of Congressmen who took lobbying jobs after leaving Congress between 1998 and 2006

$2 million

The average salary they landed as lobbyists

20

Percent increase in the number of U.S. taxpayers who made more than a million dollars in 2010 from 2009

$26,364

The median income (half made more, half made less) of U.S. taxpayers in 2010, or $507 a week

25

Percent of U.S. millionaires that paid federal taxes of less than 24 percent of their income in 2006 when all federal taxes are taken into account

35

Percent, the top marginal tax rate on earned income in the U.S.

15

Percent, the maximum tax on investment income in the U.S.

1

Percent of tax returns with business income that have adjusted gross income of more than $1 million

Sources: Freakonomics Podcast; Congressional Research Service; Reuters; Rolling Stone; Center for Responsive Politics; CBS News