Does the Democratic Party have more hugely wealthy people in it than the Republican Party? Documentation?

Answer 1

Of course.. most of all Hollywood elites are liberals.

Another myth about "the rich" has been shattered – namely the conventional wisdom that they are all Republicans – thanks to the nonpartisan Center for Responsive Politics. A December 18, 2002 Washington Times editorial reports that donors giving "small and medium amounts" in 2002 overwhelmingly supported the GOP, while "rich or deep-pocketed givers" hugely backed the Democrats!
Those giving $200 to $999: GOP $68 million; Democrats $44 million. Those giving $1,000 to $9,999: GOP $317 million; Democrats $307 million. The "fabulously wealthy" donors of $10,000+ gave $111 million to the GOP – a whopping $29 million less than the $140 million they lavished on the Democrats! Among those who gave $100,000+, the Democrats raised $72 million – more than double the $34 million the GOP took
The fact is that in the 2002 election cycle, those who gave a million dollars or more poured $36 million into the Democrat coffers, and a paltry $3 million into the pockets of the GOP. Again: millionaire donations went Democrat by a 12:1 margin! The two parties took in about the same amount overall – GOP: $384 million; Democrats: $350 million. Just look at the Hollywood left, and you see where the big money goes.

Answer 2

Having money is not a factor in deciding which party to be in. Deciding what to do with that money is. If people believe in a measure of redistribution of wealth, they will likely vote Democrat. If people believe that most money earned should stay theirs, they will likely vote Republican. And they will do those things regardless of how much money they have. If they have principles.

Bill Gates, Howard Schultz, George Soros, Warren Buffet... these are wealthy non-entertainment people, but they believe what they believe and that didn't change after they made their money, so they remain Democrats.

Meanwhile a guy can work as a laborer and feel that the money he earns with his labor should stay his, so he votes Republicans.

This is excepting, of course, the political and social reasons one would align themselves with a party.

A good place to look for the info you seem to want, though, is at political donation. Especially the non-profit groups that can buy ads unfettered by the FEC (527s?).

In short... both parties have their share of the uber wealthy.

Answer 3

Wouldn't know.. I think it's about the same but you'd think the Dems had more because the ones that are dems are spotlighted.. Everybody knows them. Like Hollywood, Professional sports, the music industry. Most of these people came up out of nothing, so I don't think they'd qualify as "elitists". Where as there are still more of the wealthy that nobody pays attention to..

Answer 4

it has to be close.
the democrats have most of the actors musicians and sports millionaires and republicans have most heads of industry.
i would guess that the republicans may represent more dollars but the dems have more hugely wealthy people by head count.

Answer 5

I think it's about the same. I know wealthy people on both sides. Ironically, the rich Dems I have known are bigger tightwads with their money than the Republicans.

Answer 6

http://www.cnn.com/2003/ALLPOLITICS/06/13/senators.finances/
From the liberals beloved CNN. More than the top 10 richest government officials are democrats

Answer 7

YES THEY DO!

http://www.rushlimbaugh.com/home/menu/fat_cats_washington_times.guest.html

BTW, that is a Washington Times article.

Answer 8

Republicans represent rich people. They always had and will have more wealthy supporters. Conservatives are scumbags, they are destroying our country.

Answer 9

no. they have the money and the democrats have more people.

Answer 10

I would say its about the same.