Despite President Obama's highly trumpeted support from small donors, the 2012 elections hit a new low in political contribution inequality.
Twenty-eight percent of campaign donations came from a group of 31,385 people, or one ten-thousandth of the U.S. population, according to a new report from the Sunlight Foundation. Every member of Congress who was elected in 2012 got donations from this group. The political 1 percent of the 1 percent previously contributed about 17 percent of donations during presidential election cycles.
Last year's presidential election was the first of the post-Citizens United era.