HolyCoast: Obama is the 1% (At Least That's What He Gave to Charity)

Tuesday, January 24, 2012

Obama is the 1% (At Least That's What He Gave to Charity)

Unlike that greedy rich guy Romney who gave about 15%:
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%
Of course, Obama's numbers are better than Joe Biden. I think his charitable contributions were around $400.

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