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Obama Wins 8 of 10 Wealthiest Counties in US

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In an election that often focused on debates about class warfare, President Barack Obama was favored over multimillionaire businessman Mitt Romney in eight of the nation's 10 wealthiest counties.

And his margin of victory in all eight counties was greater than that of the national vote, in which Obama was leading by 50 percent to 48 percent with 97 percent of precincts reporting.

The findings are based on a CNBC.com analysis of Census Bureau numbers on average annual household income from 2006-2011 and results from Tuesday's elections. (Read More Below the Chart)

The 10 richest counties accounted for 1,337,700 votes, or about 1.1 percent of the national popular vote. 

In the richest, Massachusetts' Nantucket County, where average annual household income is over $137,000, Obama won by 63 percent to Romney's 36 percent with all precincts reporting. The richest county in Romney's home state is also where, just prior to accepting the Republican nomination, the former Massachusetts governor held a$75,000-per-person dinner fundraiser.

In none of the richest counties was the margin of victory wider than in California's Marin County, just north of San Francisco, where the president won by 74 percent to 23 percent, with all precincts reporting. In Marin, the average annual household income is $128,544.


The two richest counties where Romney won were in New Jersey: adjacent Hunterdon and Morris counties in the northern part of the state. Romney won in Morris by 55 percent to 44 percent and in Hunterdon by 59 percent to 40 percent. However, Somerset County, which abuts Hunterdon and Morris, went to Obama by 53 percent to 47 percent.

http://finance.yahoo.com/news/obama-wins-8-10-wealthiest-154837437.html

by on Nov. 7, 2012 at 9:50 PM
Replies (31-40):
jaxTheMomm
by Gold Member on Nov. 9, 2012 at 9:48 AM
2 moms liked this

Obama won the popular vote, and the electoral vote.

Not only did democrats take the presidential election but wiped the floor with the GOP in many other races.  Tea Party candidate after candidate fell, no matter how much money was behind them.

Exit polls reveal the #1 concern was the economy.

Romney got 70% of the white vote, and as I recall, whites are the majority of public assistance/welfare.

Now, you can sit there in your ignorant little bubble and continue to be a poor consumer of news if you like, but the hope is that Republican voters wise up and realize the rest of us are paying attention.  Or you are going to continue to get your clocks cleaned by moderates.

Signed,

"parasite" who probably makes 2 or 3 times what you do.

Quoting Billiejeens:

Pretty sure that I already explained this.

Obama supporters fall into two groups.

parasites and those that make money off of parasites.

Those counties are the money off the parasite people.


mikiemom
by Silver Member on Nov. 9, 2012 at 9:49 AM

Your Same % theory would result in the rich paying more taxes. That's exactly what they don't want. Why should a poorer person or even a middle class person pay more of a percentage of their income than a rich person. Can you answer that?

Quoting ZanderandBella:

Lets fix the tax problem. Same % across the board no matter how much you earn except lowest income earners and no tax breaks for anyone. I think it's stupid that everyone feel the rich should be paying more when they already pay a higher percentage than everyone else. It's like giving them consequences for being successful the more they tax. 


Billiejeens
by Ruby Member on Nov. 9, 2012 at 9:51 AM


Quoting ZanderandBella:

Lets fix the tax problem. Same % across the board no matter how much you earn except lowest income earners and no tax breaks for anyone. I think it's stupid that everyone feel the rich should be paying more when they already pay a higher percentage than everyone else. It's like giving them consequences for being successful the more they tax. 


That is insane.

Rich people take meetings and cut wages, they don't earn that money, they didn't build their business, they didn't build the building that houses their business, they didn't build the road to the business, or the bridges.

Minimum wage workers were taxed and those taxes built the business and the building and the roads and bridges, ( it would take 3000 years to build those things using the money contributed by poor people, but screw the math) 

Before that slaves built it, this is a country built on slave labor,  we should round up all the slave descendants and give them 40 acres and a mule and an Obama Phone, with unlimited texting, because truly as excited as they are going to be, the voice part is going to be useless, just text each other.

mom2the.rescue
by Member on Nov. 9, 2012 at 9:53 AM

hmm very interesting indeed.  I'll make sure to mention that at Thanksgiving when the Romney supporters start saying it's only welfare families that voted for Obama.

Billiejeens
by Ruby Member on Nov. 9, 2012 at 10:12 AM

Don't get your designer panties all in a wad there sweetheart.

Only a complete and total moron thinks there is any such thing as a moderate. Its a myth.

Quoting jaxTheMomm:

Obama won the popular vote, and the electoral vote.

Not only did democrats take the presidential election but wiped the floor with the GOP in many other races.  Tea Party candidate after candidate fell, no matter how much money was behind them.

Exit polls reveal the #1 concern was the economy.

Romney got 70% of the white vote, and as I recall, whites are the majority of public assistance/welfare.

Now, you can sit there in your ignorant little bubble and continue to be a poor consumer of news if you like, but the hope is that Republican voters wise up and realize the rest of us are paying attention.  Or you are going to continue to get your clocks cleaned by moderates.

Signed,

"parasite" who probably makes 2 or 3 times what you do.

Quoting Billiejeens:

Pretty sure that I already explained this.

Obama supporters fall into two groups.

parasites and those that make money off of parasites.

Those counties are the money off the parasite people.

 


ZanderandBella
by on Nov. 9, 2012 at 10:17 AM

Like I said, say 25% of their income across the board. Of course the rich would be paying more because they earn more but it's the same percentage across the board and stops this argument in the war against classes. Currently, the rich pay around 35% while middle class pays 20-25%. If you removed all the tax breaks, that is exactly how much they would be getting taxed. There is no reason for tax returns. However, too many tax breaks are there for everyone no matter what the class. So tax everyone the same percentage and remove the tax breaks. However, like I said, remove the percentage from the lowest income (poor) as they need every penny. 

Quoting mikiemom:

Your Same % theory would result in the rich paying more taxes. That's exactly what they don't want. Why should a poorer person or even a middle class person pay more of a percentage of their income than a rich person. Can you answer that?

Quoting ZanderandBella:

Lets fix the tax problem. Same % across the board no matter how much you earn except lowest income earners and no tax breaks for anyone. I think it's stupid that everyone feel the rich should be paying more when they already pay a higher percentage than everyone else. It's like giving them consequences for being successful the more they tax. 



Heather- Air Force Wife, Mom of two, WAHM with It Works! Global~ The Body wrap company (Double Diamond) and Vidacup Coffee (Founding member)

Those that assume working from home with a home business will be easy will be learning that it's not the case at all. Working from home will take self-motivation, often working at times you'd least expect, and will have ups and downs just like any other business out there. Those that will be successful are the ones willing to treat their business as a business and ride the rollercoaster. It's a fun ride and worth every moment.

ZanderandBella
by on Nov. 9, 2012 at 10:21 AM

I don't see how any of that is relevant or even makes sense.

Quoting Billiejeens:


Quoting ZanderandBella:

Lets fix the tax problem. Same % across the board no matter how much you earn except lowest income earners and no tax breaks for anyone. I think it's stupid that everyone feel the rich should be paying more when they already pay a higher percentage than everyone else. It's like giving them consequences for being successful the more they tax. 


That is insane.

Rich people take meetings and cut wages, they don't earn that money, they didn't build their business, they didn't build the building that houses their business, they didn't build the road to the business, or the bridges.

Minimum wage workers were taxed and those taxes built the business and the building and the roads and bridges, ( it would take 3000 years to build those things using the money contributed by poor people, but screw the math) 

Before that slaves built it, this is a country built on slave labor,  we should round up all the slave descendants and give them 40 acres and a mule and an Obama Phone, with unlimited texting, because truly as excited as they are going to be, the voice part is going to be useless, just text each other.


Heather- Air Force Wife, Mom of two, WAHM with It Works! Global~ The Body wrap company (Double Diamond) and Vidacup Coffee (Founding member)

Those that assume working from home with a home business will be easy will be learning that it's not the case at all. Working from home will take self-motivation, often working at times you'd least expect, and will have ups and downs just like any other business out there. Those that will be successful are the ones willing to treat their business as a business and ride the rollercoaster. It's a fun ride and worth every moment.

Sisteract
by Socialist Hippie on Nov. 9, 2012 at 10:23 AM
1 mom liked this

You'll never convince the MEEEEEEEEEEEEEIIIIIIIIIIIIIIII crowd of wannabees that some are capable of voting humainty over $elf intere$t!

Quoting MsDenuninani:

Not shocking.

I've read that the rich generally favor Republicans -- they see taxes as an obstacle to wealth. 

But the really, really rich favor Democrats -- they see taxes more as a side effect of wealth.

It's like, once you make crazy money, taxes just aren't an issue to you anymore, so you vote for personal values over self-interest. 


Billiejeens
by Ruby Member on Nov. 9, 2012 at 10:24 AM

oh

Quoting ZanderandBella:

I don't see how any of that is relevant or even makes sense.

Quoting Billiejeens:

 

Quoting ZanderandBella:

Lets fix the tax problem. Same % across the board no matter how much you earn except lowest income earners and no tax breaks for anyone. I think it's stupid that everyone feel the rich should be paying more when they already pay a higher percentage than everyone else. It's like giving them consequences for being successful the more they tax. 


That is insane.

Rich people take meetings and cut wages, they don't earn that money, they didn't build their business, they didn't build the building that houses their business, they didn't build the road to the business, or the bridges.

Minimum wage workers were taxed and those taxes built the business and the building and the roads and bridges, ( it would take 3000 years to build those things using the money contributed by poor people, but screw the math) 

Before that slaves built it, this is a country built on slave labor,  we should round up all the slave descendants and give them 40 acres and a mule and an Obama Phone, with unlimited texting, because truly as excited as they are going to be, the voice part is going to be useless, just text each other.



Billiejeens
by Ruby Member on Nov. 9, 2012 at 10:26 AM

 

mirror


 

Quoting Sisteract:

You'll never convince the MEEEEEEEEEEEEEIIIIIIIIIIIIIIII crowd of wannabees that some are capable of voting humainty over $elf intere$t!

Quoting MsDenuninani:

Not shocking.

I've read that the rich generally favor Republicans -- they see taxes as an obstacle to wealth. 

But the really, really rich favor Democrats -- they see taxes more as a side effect of wealth.

It's like, once you make crazy money, taxes just aren't an issue to you anymore, so you vote for personal values over self-interest. 



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