Biden Gave Less Than 2 Percent of Income to Charity
Vice President Biden and Dr. Jill Biden gave just 1.9 percent of their adjusted gross income to charity last year, far less than that donated by the Obamas and even below what the average American gives.
The Bidens reported an adjusted gross income of $385,072 in 2012 but gave only $7,190 to charity, a pittance for a couple earning so much and an incredibly small amount for a politician who probably hopes to run for president in 2016.
What’s more, $2,000 of what the Bidens donated didn’t come out of their income at all – it was old stuff, including “exercise equipment,” “boots,” “kitchenware,” “furniture,” toys,” bicycles,” “clothing,” and even “pottery.”
That is, people who earned nearly $400,000 last year took the time to assess the value of their “pottery.”
According the the Bureau of Labor statistics, Americans in 2007 gave an average of 2.2 percent of their pre-tax income to charity. The lowest earning income group was the most generous, giving 4.3 percent of their earnings to those in need – more than double the donation rate of the vice president.
Last year, the Bidens did even worse, giving away just 1.4 percent of an adjustable gross income of $379,178.
But even this was more than they gave before he hit the big time politically.
In the decade before his nomination to be vice president, Biden and his wife donated about 0.2 percent of their income, averaging a measly $369 in annual donations.
But contrast, in 2012 the Obamas gave nearly a quarter of their adjusted gross income of $608,611 to charity.
The Bidens also are continuing to charge the Secret Service for use of a cottage on their property in Delaware, earning $26,400 in rent last year.
The Bidens reported an adjusted gross income of $385,072 in 2012 but gave only $7,190 to charity, a pittance for a couple earning so much and an incredibly small amount for a politician who probably hopes to run for president in 2016.
Jill Biden removing her mask after going as The Grinch to a White House holiday party.
That is, people who earned nearly $400,000 last year took the time to assess the value of their “pottery.”
According the the Bureau of Labor statistics, Americans in 2007 gave an average of 2.2 percent of their pre-tax income to charity. The lowest earning income group was the most generous, giving 4.3 percent of their earnings to those in need – more than double the donation rate of the vice president.
Last year, the Bidens did even worse, giving away just 1.4 percent of an adjustable gross income of $379,178.
But even this was more than they gave before he hit the big time politically.
In the decade before his nomination to be vice president, Biden and his wife donated about 0.2 percent of their income, averaging a measly $369 in annual donations.
But contrast, in 2012 the Obamas gave nearly a quarter of their adjusted gross income of $608,611 to charity.
The Bidens also are continuing to charge the Secret Service for use of a cottage on their property in Delaware, earning $26,400 in rent last year.
No comments:
Post a Comment