Sunday, March 15, 2009

Spreading the Wealth

"According to their tax returns, in 2006 and 2007, the Obamas gave 5.8 percent and 6.1 percent of their income to charity. I guess Michelle Obama has to draw the line someplace with all this "giving back" stuff. The Bidens gave 0.15 percent and 0.31 percent of the income to charity.

No wonder Obama doesn't see what the big fuss is over his decision to limit tax deductions for charitable giving. At least that part of Obama's tax plan won't affect his supporters.

Meanwhile, in 1991, 1992 and 1993, George W. Bush had incomes of $179,591, $212,313 and $610,772. His charitable contributions those years were $28,236, $31,914 and $31,292. During his presidency, Bush gave away more than 10 percent of his income each year.

For purposes of comparison, in 2005, Barack Obama made $1.7 million -- more than twice President Bush's 2005 income of $735,180 -- but they both gave about the same amount to charity. That same year, the heartless Halliburton employee Vice President Dick Cheney gave 77 percent of his income to charity. The following year, in 2006, Bush gave more to charity than Obama on an income one-third smaller than Obama's. Maybe when Obama talks about "change" he's referring to his charitable contributions."
-Ann Coulter


Joy said...

Ok I am so not going to really comment what I think here..just WOW you know this man never ceases to amaze me and that is not amaze in a good way either!

M&M&M said...

This is one of my fears...the church non-profit status will be changed/diminished. As you say, will it really affect him much? What happened to the minimum tithe not to mention offerings? (you will find the same statistics within many churches too though, unfortunately)

Wendy said...

Yep! This is just ANOTHER thing I dislike about this administration! Good grief! My list is getting so long! Lol!