'That 'Billionaires' Billion' was almost three-quarters more than the tycoons' total spending on the last midterms, in 2018, and 300 times more than what billionaires spent on congressional races as recently as a dozen years ago,' says 4TaxFairness.
Americans for Tax Fairness on Monday released the group's lateston"the threat posed to American democracy by billionaire political spenders," revealing that last year their collective congressional campaign contributions topped $1 billion for the first time.
"That 'Billionaires' Billion' was almost three-quarters more than the tycoons' total spending on the last midterms, in 2018, and 300 times more than what billionaires spent on congressional races as recently as a dozen years ago," states the ATF report. "The Billionaires' Billion—contributed by fewer than 500 individuals—represented about one of every nine dollars raised from all sources in the 2022 elections," the analysis continues, noting that 15 of the nation's richest households were responsible for $658 million, or nearly two-thirds, of the contributions.
"Nearly 80% of billionaire cash—$782 million—went to outside campaign groups," the document adds, and in eight key races that decided which party controlled the Senate,"billionaire donations supported Republican candidates over Democratic ones by almost a 5-1 margin." ;“In the three states where billionaire support was overwhelmingly on the Republican side, the Republican won the Senate race.\n\nIn North Carolina, Ohio and Wisconsin, Republican billionaires outspent the much smaller pool of Democratic billionaires by at least 9-to-1 in each race.;”
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
I spent $2.5 million on a cruise-ship cabin to spend my 80s at seaI bought a 720-square-foot cruise ship cabin for $2.5 million. My wife and I plan to live at sea full-time and are excited to make new friends in our 80s.
Leer más »
Why billionaires and right-wing extremists want to wreck your kid’s public schoolA Main Line billionaire ups the ante to over $1 million to stop pro-teacher Helen Gym in Philly mayor's race. Here's what Jeff Yass really wants.
Leer más »
Letter: Sask. media suffers as people help fund big tech billionairesA reader scolds people for letting the media in Saskatchewan suffer while advertising dollars help fund big social media companies.
Leer más »
Florida professor dubbed 'Dr. Deep Sea' sets world record for longest time spent living underwaterFlorida professor Dr. Joseph Dituri has set the world record for the longest time spent living underwater without depressurization as part of a research project in Key Largo.
Leer más »
Florida scientist breaks record for time spent living underwater | CNNA Florida scientist who calls himself Dr. Deep Sea has broken the record for the longest time lived underwater.
Leer más »