- Oct 7, 2011
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Democratic presidential candidate Barack Obama and his wife Michelle gave $10,772 of the $1.2 million they earned from 2000 through 2004 to charities, or less than 1 percent, according to tax returns for those years released today by his campaign.
The Obamas increased the amount they gave to charity when their income rose in 2005 and 2006 after the Illinois senator published a bestselling book. The $137,622 they gave over those two years amounted to more than 5 percent of their $2.6 million income.
Romney charitable contributions:
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%
A new report by ABC says his family charity, the Tyler Foundation, gave $600,000 to the Church of Jesus Christ of Latter-day Saints in 2009.
That’s some heavy tithing.
And if that’s 10 percent (the suggested giving amount in the Christian Bible) of Romney’s income for 2009, he made $6 million that year.
In the past give years, Romney’s charity has donated a total $4 million to the church, according to the report.
Read more: WHO'S GREEDY? Obama Gave 1% to Charity, Romney Gave 15% - Mitt Romney - Fox Nation
Obama Gave Only 1% Of Income To Charity - Romney gave millions to church - thoughts.com conversation engine
The Obamas increased the amount they gave to charity when their income rose in 2005 and 2006 after the Illinois senator published a bestselling book. The $137,622 they gave over those two years amounted to more than 5 percent of their $2.6 million income.
Romney charitable contributions:
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%
A new report by ABC says his family charity, the Tyler Foundation, gave $600,000 to the Church of Jesus Christ of Latter-day Saints in 2009.
That’s some heavy tithing.
And if that’s 10 percent (the suggested giving amount in the Christian Bible) of Romney’s income for 2009, he made $6 million that year.
In the past give years, Romney’s charity has donated a total $4 million to the church, according to the report.
Read more: WHO'S GREEDY? Obama Gave 1% to Charity, Romney Gave 15% - Mitt Romney - Fox Nation
Obama Gave Only 1% Of Income To Charity - Romney gave millions to church - thoughts.com conversation engine
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