Tuesday, January 24, 2012

Do Politicians Give Charity?


Some do more than others.In addition to the chart above USA Today reported that Joe Biden gave $369 out of a $319,000. All the politicians named here make a lot of money.  The winner is Mitt Romney. Look at his charitable giving as reported by Fox:
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%

Romney not only gives the most; he gives the highest percentage. McCain's income doesn't reflect millions from his wife. The Clinton's figures are the most interesting. According to the New York Times the Clintons made $109 million from around 1999-2007. And perhaps you thought Romney was the only rich guy!
During this time, the Clintons "claimed deductions for $10.2 million in charitable contributions. The contributions went to a family foundation run by the Clintons that has given away only about half of the money they put into it, and most of that was ...after Mrs. Clinton declared her candidacy" (NYT source above).
Now, dear reader, it's up to you to decide who is the bigger hypocrite--the politician that requests sacrifice from you and doesn't give away much money himself or the politician that says that private charities are the best way to support the poor or the cleanest way to fund religious expression but doesn't give much to them.

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