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Sep 13 2008

Candidates Tax Returns

Published by allykat at 10:16 pm under Joe Biden, obama Edit This

It is not required by law for candidates to release their tax return. Presidential candidates have been releasing them to show people how much the pay in taxes and how much they donate to charities.

The Bidens made $319,853 last year. Joe Biden donated 0.2% of his income to charities. His tax returns show that Biden gives away an average of only $365 a year for the past ten years.

Obama earned more than $4.2 million last year and gave away about $240,000 to charity last year. The Obamas’ tax return show 5.7% of their income was give to charities.

John McCain earned $405,409 last year and donated $105,467 to charities. In 2006 and 2007 John McCain donated a quarter of his income to charities, that is 27.3% to 28.6%.

Sarah Palin’s tax returns have not been released yet.

The IndependentSector.org reports that 89% of American households donate to charities. Each household averages $1,620 about 3.1% of their incomes.

I just think that before you start running for President and now that Biden is a Vice President candidate that you would donate a little more that $365 a year.
Obama and Biden talk about how we should help the poor more, but they don’t lead by example. Obama will not even give his half brother in Kenya an extra $10 a month either. They just want everybody else to give money and they want to spend it however they wish.

sources: usatoday.com

 

 

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7 Responses to “Candidates Tax Returns”

  1. threedegreeson 14 Sep 2008 at 6:44 am edit this

    I can’t help but notice that you say “Bidens” and “Obamas”, but only mention John McCain, as if he weren’t married. Let me think…is he married? Oh yeah, to the woman that talks about how important it is to donate to flood relief while wearing Oscar de la Renta and quarter million dollar earrings. I realize you’re biased, and that’s fine, but don’t be dishonest.

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