Posted on 04/13/2012 12:41:38 PM PDT by Beave Meister
President Obama and Vice President Biden released their tax returns today, ahead of Tax Day, which is on April 16 this year (since April 15 falls on a Sunday).
According to the White House, "Together, [the Bidens] reported adjusted gross income of $379,035. The Bidens paid $87,900 in total federal tax for 2011. They paid $13,843 in Delaware income tax and $3,614 in Virginia income tax. The Bidens contributed $5,540 to charity in 2011."
In other words, the Bidens donated less than 1.5 percent of their adjusted gross income to charity.
The president and his family were more charitable, giving nearly 22 percent of their adjusted gross income in 2011 to charitable causes.
According to the White House, "[Obama] and the First Lady filed their income tax returns jointly and reported adjusted gross income of $789,674. ... The President and First Lady also reported donating $172,130 or about 22% of their adjusted gross income to 39 different charities."
(Excerpt) Read more at weeklystandard.com ...
And what expenses does he have? Food, rent, transportation, health care are all paid for.
I think his first year as veep;they gave 800.00 only in donated clothes.
It’s hard to give freely when you’re saving for a certain lifestyle after November.
It’s better if democrats don’t give to charity.
PETA, Abortion Inc.,Sierra Club, CAIR, Communist Party ,,,
It’s people like Joe Biden that liberals don’t trust to give to charities and people who really need it. He is the perfect example of why they think they need to tell us how much we must give to our fellow comrades.
Anybody got an idea of how much Biden made from renting his property to the Secret Service?
I do not understand why people report charitable giving to the government. Do they give in order to gain a tax break? Is it required that people report charitable donations?
...considering he stole 18 million for a web site, he’s a cheap SOB
1. Yes. 2. No.
That said, Biden is a cheap SOB, unless he gives more but chooses not to report those contributions.
In Biden’s defense he thought he was paying 15% to charity. He NEVER has been good at math. ;-)
At least he donates more than Al Gore
I don’t remember that one but grand scale theft by any dim-marxist is a normal part of any day.
Cheap. I do about 10 percent...
They also reject the Bush rates of 35% , having paid only 23% in taxes.
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