Charity

January 24, 2012

WHO'S GREEDY? Obama Gave 1% to Charity, Romney Gave 15%

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AP File

Democratic presidential candidate Barack Obama and his wife Michelle gave $10,772 of the $1.2 million they earned from 2000 through 2004 to charities, or less than 1 percent, according to tax returns for those years released today by his campaign.

The Obamas increased the amount they gave to charity when their income rose in 2005 and 2006 after the Illinois senator published a bestselling book. The $137,622 they gave over those two years amounted to more than 5 percent of their $2.6 million income.

Romney charitable contributions 
Tax year    Taxable income          Charitable donations Donations as % of income
2010           $21.7 million                 $2.98 million                13.73%
2011 (est)   $20.9 million                $4 million                     19.14%

Read more: http://nation.foxnews.com/mitt-romney/2012/01/24/whos-greedy-obama-gave-1-charity-romney-gave-15#ixzz1kQiQsJ3A

24 January 2012 5:59 PM

Mitt Romney gave millions to charity. 

Joe Biden gave $369.

>>And what about President Barack Obama and Vice President Joe Biden in the run-up to their 2008 campaign?

USA Today broke it down here. In 2007, the Obamas gave more than $240,000 to charity, about 5.7 percent of their income. The Bidens gave an average of $369 to charity a year for the decade before he moved to the Naval Observatory - about 0.3 percent of their income. Back in 1997, then veep Al Gore and his then wife Tipper gave $353.

Since becoming veep, Biden hasn't become much more generous. In 2010, he gave $5,350, about 1.4 percent of income. That same year, Romney gave some $3 million. The national average is about three percent.<<
http://harndenblog.dailymail.co.uk/2012/01/much-ado-about-nothing-mitt-romney-is-very-rich-he-also-gave-millions-to-charity-and-the-taxman.html

 

January 13, 2012

Michael Moore Calls for 50% Tax Rate but Won't Donate a Dime to US Treasury

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TheDailyCaller Screen Grab

Hot Mic exclusive: Moore wants 50% income tax rate, won’t donate to US Treasury
Published: 12:20 AM 01/13/2012 | Updated: 12:36 PM 01/13/2012

Watch the Video at  dailycaller.com

Academy award-winning filmmaker Michael Moore told The Daily Caller in an exclusive interview that he wants the United States to enact a 50 percent tax rate for America’s highest-earning taxpayers, but would not donate to the U.S. Treasury himself.

Read more: http://nation.foxnews.com/michael-moore/2012/01/13/michael-moore-calls-50-tax-rate-wont-donate-dime-us-treasury#ixzz1kQkDGs1D

Read more: http://nation.foxnews.com/michael-moore/2012/01/13/michael-moore-calls-50-tax-rate-wont-donate-dime-us-treasury#ixzz1kQj3FPcl