AOC says it is worth less than $ 500K in response to return claims

  • Rep. Alexandria Ocasio-Cortez said its net value was less than $ 500,000.
  • She said her only income is her salary in Congress, and she does not own a home or trade shares.
  • Commentators for X reacted to her wealth with a mixture of shock, judgment and respect.

Rep. Alexandria Ocasio-Cortez said it is worth less than $ 500,000, causing a mix of distrust, criticism and respect for respect from X.

The New York Congressman, often called AOC, discussed her personal property after an X user claimed it was worth tens of millions as a result of blowing.

The democratic legislator said the user was “fully done things” and that she did not trade individual shares or earned income other than her salary in Congress. “I don’t even have a house!” she said in a second response.

Ocasio-Cortez worked as a counterpart and server before earning a place in the House of Representatives, which she has held since 2019. She earns standard Congress salary of $ 174,000 a year.

Its form of financial discovery last year showed that it had no more than $ 46,000 in its control, savings, brokerage and 401 (K) accounts, and owed between $ 15,000 and $ 50,000.

Forbes appreciated the net value of Ocasio-Cortez last year with about $ 125,000 with most of its wealth in a wonderful savings plan-a 401 (k) investment vehicle for government employees that does not have to rank in financial disclosures.

Some X users said they disagreed with its progressive policy, but appreciated its integrity.

@Sspangledreaper, who has “God, Guns and Trump!” In their bio, he wrote: “As much as I fully despise your political ideology and your methods, its true AOC is one of the few who is not taking a blow, or at least we know about ATM.”

Similarly, @starbw_eth wrote: “I am not a worshiper of your policy, but I believe you are ethical and credible when it comes to your personal attitude of corruption. I wish more Congress Owners to follow the same standard. ”

Others, meanwhile, were surprised by the finances of the state of Ocasio-Cortez.

“How do you make 174K per year and your net value is almost nothing?” User @raphallimasp wrote.

@Coldhealing wrote: “Not being worth $ 500K at the age of $ 35 with $ 174K is not the financial strategy we want to encourage Americans.”

“This is not a flexion,” wrote @guytalksfinance. “Someone gets AOC a book on personal finances and budgeting.”

Restoring a little trust

Thomas Roulet, a professor of organizational sociology and leadership at the University of Cambridge, told Business Insider in an email that it was “soothing” to see the visible Ocasio-Cortez critics give her Kudo to come “morally and ethically steady. “

The reaction also speaks of the polarization driven by social media in politics, where “everything causes anger and there is no middle ground”, and “politicians and leaders are either deeply hated or deepened,” he said.

In Roulet’s opinion, originality can nourish polarization because “if you are true to yourself, it makes you even more contrary to those you dislike, but it connects you with your supporters.”

Ocasio-Cortez, a vocal critic of the influence of corporate and corruption on politics, has previously posted on X for setting people upright in relation to its finances.

In October 2022, she remembered someone asking her how the one worth $ 29 million and answering, “Sir, I want. My financial disclosure is public. I still owe $ 18K in student loans.”

“I do not own or trade individual shares, I do not accept corporate money in my campaign, and live only out of my Congress salary (which requires us to pay for 2 rents from the pocket),” she continued in a second post . “All this is publicly discovered information. I save in a wonderful savings plan just like the other Fed employees.”

Charges of political corruption, many of them significantly false, have increased in recent days after Elon Musk’s government’s efficiency department has made the government’s fraud and lose a hot topic on the Internet.

Rep. Ocasio-Cortez did not respond immediately to a comment request from BI.