Page 2 of 3 FirstFirst 123 LastLast
Results 16 to 30 of 39

Thread: Joe Biden's tax returns released; show modest wealth

  1. #16
    Elite Member cupcake's Avatar
    Join Date
    Jun 2007
    Location
    Tampa Bay florida
    Posts
    4,804

    Default

    Bump...An average of $369 to charity?? Not much more to say about that...
    My grace is sufficient for you, for my my strength is made perfect in weakness...I love you dad!
    Rip Mom

  2. #17
    Elite Member Grimmlok's Avatar
    Join Date
    Oct 2005
    Location
    In WhoreLand fucking your MOM
    Posts
    55,372

    Default

    more than I give. How much do YOu give? lol
    I am from the American CIA and I have a radio in my head. I am going to kill you.

  3. #18
    Elite Member *DIVA!'s Avatar
    Join Date
    Nov 2007
    Posts
    15,742

    Default

    At least they gave...
    Baltimore O's ​Fan!

    I don''t know if she really fucked the board though. Maybe just put the tip in. -Mrs. Dark

  4. #19
    Elite Member Belinda's Avatar
    Join Date
    Mar 2008
    Location
    going to hell in a handbasket
    Posts
    3,180

    Default

    ^And you can give in other ways. Jill Biden started Biden Breast Health Initiative.

  5. #20
    Elite Member cupcake's Avatar
    Join Date
    Jun 2007
    Location
    Tampa Bay florida
    Posts
    4,804

    Default

    Quote Originally Posted by Grimmlok View Post
    more than I give. How much do YOu give? lol
    More than that in a month thank you!!!!!
    My grace is sufficient for you, for my my strength is made perfect in weakness...I love you dad!
    Rip Mom

  6. #21
    Elite Member Grimmlok's Avatar
    Join Date
    Oct 2005
    Location
    In WhoreLand fucking your MOM
    Posts
    55,372

    Default

    Wow, super for you, and yet here you are passing judgement

    You're a bad christian. Go say some hail maries or do some kind of raindance for your sky fairy.
    I am from the American CIA and I have a radio in my head. I am going to kill you.

  7. #22
    Elite Member cupcake's Avatar
    Join Date
    Jun 2007
    Location
    Tampa Bay florida
    Posts
    4,804

    Default

    Im not Catholic....He didn't even give 10% in 10 years...
    My grace is sufficient for you, for my my strength is made perfect in weakness...I love you dad!
    Rip Mom

  8. #23
    Elite Member Grimmlok's Avatar
    Join Date
    Oct 2005
    Location
    In WhoreLand fucking your MOM
    Posts
    55,372

    Default

    whatever, it's all the same supersticious dogma and ritual anyway
    I am from the American CIA and I have a radio in my head. I am going to kill you.

  9. #24
    Elite Member cupcake's Avatar
    Join Date
    Jun 2007
    Location
    Tampa Bay florida
    Posts
    4,804

    Default






    September 15, 2008, 0:00 a.m.

    Joe Biden and American Charity
    What his tax returns mean.

    By Byron York


    It has become a common practice, when a presidential candidate releases his or her tax returns, for reporters and pundits to examine how much the candidate gave to charity. In September 1992, for example, when the Washington Post reported that Al Gore, then the Democratic candidate for vice president, had released his tax returns, the second paragraph in the story noted that out of income of $183,558, Gore “donated $1,727 — less than 1 percent — to charity.” Other stories about other candidates routinely included figures on charitable giving.

    Last Friday, Sen. Joseph Biden, the Democratic candidate for vice president, released his tax returns for the years 1998 to 2007. The returns revealed that in one year, 1999, Biden and his wife Jill gave $120 to charity out of an adjusted gross income of $210,979. In 2005, out of an adjusted gross income of $321,379, the Bidens gave $380. In nine out of the ten years for which tax returns were released, the Bidens gave less than $400 to charity; in the tenth year, 2007, when Biden was running for president, they gave $995 out of an adjusted gross income of $319,853.


    Here is a chart of the Bidens’ giving for the years covered by the tax returns:
    Adjusted

    Gross Income Charity

    1998 $215,432 $195

    1999 $210,797 $120

    2000 $219,953 $360

    2001 $220,712 $360

    2002 $227,811 $260

    2003 $231,375 $260

    2004 $234,271 $380

    2005 $321,379 $380

    2006 $248,459 $380

    2007 $319,853 $995

    Total $2,450,042 $3,690
    To take Biden’s worst year, 1999, one percent of his adjusted gross income would have been $2,100. One half of one percent would have been $1,050. One quarter of one percent would have been $525. One eighth of one percent would have been $262. And one sixteenth of one percent would have been $131 — still a bit more than the Bidens gave.

    To take Biden’s best year, 2007, one percent of his adjusted gross income would have been $3,190. One half of one percent would have been $1,595. One quarter of one percent would have been $797 — a figure Biden surpassed by nearly $200.

    Looking at the ten-year total of Biden’s giving, one percent would have been $24,500. One half of one percent would have been $12,250. One quarter of one percent would have been $6,125. And one eighth of one percent would have been $3,062 — just below what Biden actually contributed.

    “The average American household gives about two percent of adjusted gross income,” says Arthur Brooks, the Syracuse University scholar, soon to take over as head of the American Enterprise Institute, who has done extensive research on American giving. “On average, [Biden] is not giving more than one tenth as much as the average American household, and that is evidence that he doesn’t share charitable values with the average American.”

    A spokesman for Biden, David Wade, says the figures on Biden’s tax return do not reflect the true extent of his giving. “The charitable contributions claimed by the Bidens on their tax returns are not the sum of their annual contributions to charity,” Wade said in a statement to NRO. “Like most regular churchgoers, they contribute to their church, and they also contribute to their favorite causes with their time as well as their checkbooks, whether it’s [Jill] Biden’s volunteer work with military families or the Biden breast-health initiative, or the way in which the family pitched in driving supplies to the Gulf Coast after Hurricane Katrina, or the ways Sen. Biden has supported charities that help women, police, and veterans.”

    Wade also suggests that Biden, who is famous for being the least wealthy member of the U.S. Senate, simply doesn’t have piles of money to give. “Like a lot of families that put three kids through college and have an aging parent move in with them, the Bidens aren’t divorced from the realities of everyday life,” Wade says. Still, Wade continues, “finding ways to give back is important to them.”

    So far, at least, Biden’s tax returns have attracted little attention. On Saturday, the Washington Post published a 468-word story on the subject, the main point of which was that the release of Biden’s returns was an effort by the Obama campaign to pressure the McCain campaign to release Sarah Palin’s returns. After a few brief paragraphs on Biden, the rest of the story concerned Palin, reporting that “progressive groups” are eager to find out whether Palin “skirted tax obligations” on the per diem payments she received from the Alaska state government. The story made no mention of Biden’s charitable giving.

    But for people who have studied the impressive generosity of the American public, there is news in Biden’s returns. “I’m not going to say he’s a bad guy,” says Arthur Brooks. “My only point is that his values are not typical American values when it comes to charitable giving. Americans in general are very generous.”
    My grace is sufficient for you, for my my strength is made perfect in weakness...I love you dad!
    Rip Mom

  10. #25
    Elite Member B.C.'s Avatar
    Join Date
    Oct 2005
    Location
    Motor City
    Posts
    2,275

    Default

    I'm wondering what McCain gives in % to his income. Isn't he a millionare or is it his wife?

  11. #26
    Elite Member cupcake's Avatar
    Join Date
    Jun 2007
    Location
    Tampa Bay florida
    Posts
    4,804

    Default

    He gave 18% in 2006 and 26% in 2007
    My grace is sufficient for you, for my my strength is made perfect in weakness...I love you dad!
    Rip Mom

  12. #27
    Elite Member Grimmlok's Avatar
    Join Date
    Oct 2005
    Location
    In WhoreLand fucking your MOM
    Posts
    55,372

    Default

    well the poor old dear does have millions of cindy's money to give away, or lots of his own because she's his sugarmomma.
    I am from the American CIA and I have a radio in my head. I am going to kill you.

  13. #28
    Elite Member lurkur's Avatar
    Join Date
    Dec 2005
    Posts
    5,370

    Default

    ^ Source??

  14. #29
    Elite Member cupcake's Avatar
    Join Date
    Jun 2007
    Location
    Tampa Bay florida
    Posts
    4,804

    Default

    Quote Originally Posted by lurkur View Post
    ^ Source??


    Go to content Go to navigation Go to search
    Get the latest news updates each day: RSS / Atom
    Search News Updates


    Previous updates

    April 21, 2008
    John McCain Discloses Data on His Charity Giving
    By Grant Williams
    Sen. John McCain, the Republican presidential candidate, has released his tax returns for the past two years, including details about the money he donated to charitable causes.
    In 2007, the Arizona senator reported $405,409 in total income and contributed $105,467, or 26 percent of his total income, to charity.
    In 2006, Mr. McCain said he had $358,414 in total income and donated $64,695, or 18 percent of his total income, to charity.
    The tax returns were filed solely by Mr. McCain. His wife, Cindy McCain, an heir to a beer distribution company in Phoenix who has reported wealth of $100-million, files a separate return each year and does not plan to release her tax returns.
    A statement from Mr. McCain’s campaign said that most of the senator’s charitable contributions were made to the John and Cindy McCain Family Foundation, which makes direct contributions to charities.
    The senator and Mrs. McCain each make gifts to their foundation, which is focused on helping organizations that work “for the spiritual, educational, and medical needs of the community.”
    Mrs. McCain has donated the same amount to charity as her husband — a total of $170,162 for each of them — over the past two years, his campaign said.
    The private foundation’s informational tax returns are available on the campaign’s Web site.
    On its Web site, the campaign posted a list of the organizations that have received gifts from the McCain family foundation in the past two years.
    In 2007, the foundation provided a total of $78,250 to charities, including $25,000 to Operation Smile, which repairs facial abnormalities in children and young people, and $25,000 to the Halo Trust, which removes debris left behind after wars, especially land mines.
    In 2006, recipients of the foundation’s $187,639 in total gifts included Brophy College Preparatory school, in Phoenix, $50,500; and Christ Lutheran School, in Phoenix, $42,639.
    Mr. McCain’s campaign said he donates his royalties from his books to charities and that “this sum has totaled over $1,800,000 since 1998 when he signed his first book deal.” The campaign said his book income added up to $256,898 for 2006 and 2007.
    The senator’s campaign also said that Mr. McCain has donated to charity a total of $450,000 since 1991— money he received from increases in his Senate salary — “because he opposed the Congressional pay increase at that time and pledged not to accept the pay raises.”
    Monday April 21, 2008 | Permalink
    My grace is sufficient for you, for my my strength is made perfect in weakness...I love you dad!
    Rip Mom

  15. #30
    Elite Member lurkur's Avatar
    Join Date
    Dec 2005
    Posts
    5,370

    Default

    According to that website, the Obamas gave more than John McCain did in the same years, and they didn't have a 100-million-dollar Sugar Mama. That article you provided also said that Cindy McCain gave the $107,000 compared to her estimated $100-million wealth.

    Barack and Michele Obama Donated 5.7% of Income to Charity in 2007 - Philanthropy.com



    April 16, 2008
    Barack and Michele Obama Donated 5.7% of Income to Charity in 2007
    By Grant Williams
    Barack Obama, the Democratic presidential candidate, and his wife, Michelle Obama, have released their tax return for last year showing that they donated 5.7 percent of their income to charitable causes.
    The tax return shows that the Illinois senator and Mrs. Obama, who reported $4.2-million in income, gave $240,370 to 33 churches and charities in 2007.

    In 2006, the Obamas gave $60,307 to charitable organizations, or about 6 percent of their $991,296 in total income that year.
    Quote Originally Posted by cupcake View Post


    April 21, 2008
    John McCain Discloses Data on His Charity Giving
    By Grant Williams
    Sen. John McCain, the Republican presidential candidate, has released his tax returns for the past two years, including details about the money he donated to charitable causes.

    In 2007, the Arizona senator reported $405,409 in total income and contributed $105,467, or 26 percent of his total income, to charity.
    In 2006, Mr. McCain said he had $358,414 in total income and donated $64,695, or 18 percent of his total income, to charity.


    The tax returns were filed solely by Mr. McCain. His wife, Cindy McCain, an heir to a beer distribution company in Phoenix who has reported wealth of $100-million, files a separate return each year and does not plan to release her tax returns.

    Mrs. McCain has donated the same amount to charity as her husband — a total of $170,162 for each of them — over the past two years, his campaign said.

Page 2 of 3 FirstFirst 123 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Modest swimwear
    By Martirio in forum Laughs and Oddities
    Replies: 21
    Last Post: December 20th, 2009, 02:14 AM
  2. Why Joe Biden's plagiarism shouldn't be forgotten
    By witchcurlgirl in forum U.S. Politics and Issues
    Replies: 30
    Last Post: August 26th, 2008, 06:25 PM
  3. Replies: 12
    Last Post: August 4th, 2008, 12:36 PM
  4. A dangerous obsession on the world's wealth
    By JamieElizabeth in forum U.S. Politics and Issues
    Replies: 5
    Last Post: December 28th, 2006, 03:36 PM
  5. Robbie Williams' wealth stops him finding love
    By MaryJane in forum Gossip Archive
    Replies: 3
    Last Post: December 13th, 2005, 10:57 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •