Stingy Joe Biden

Cheney was the same way in the 10 years prior to him becoming VP -- only donating 1% of his income over a ten year span from 1989 - 1999. I recall people back then saying it was a private matter. Funny how the tables turn when it's the "other" candidate. :rolleyes:

I never judged Cheney for that either. Other things yes... that no. But thanks for essentially calling me a hypocrite.
 
Cheney was the same way in the 10 years prior to him becoming VP -- only donating 1% of his income over a ten year span from 1989 - 1999. I recall people back then saying it was a private matter. Funny how the tables turn when it's the "other" candidate. :rolleyes:

Link please?
 
Cheney was the same way in the 10 years prior to him becoming VP -- only donating 1% of his income over a ten year span from 1989 - 1999. I recall people back then saying it was a private matter. Funny how the tables turn when it's the "other" candidate. :rolleyes:

I never said that any where. It is a private matter as long as you do not want to take more money from me to gift to others and yes person who pays 0% in taxes and gets a "refund" is getting a gift from tax payers.

As long as the federal income tax is less than 50% then I would be better off keeping all my money and paying taxes on it. I come out ahead.:rolleyes1
 

Yeah cause insulting a grieving family is much better. Got it.

Telling the grieving family that I do this because I want to and never accept any payment. If you still want to thank me for my contribution to the funeral then a contribution to the Church will be greatly appreciated.

That is not insulting the family but standing by your convictions.:sad2:
 
I never judged Cheney for that either. Other things yes... that no. But thanks for essentially calling me a hypocrite.

Ahh, no not you!! You misunderstood. My post was not directed at you. It's directed at the whiners who throw stones at glass houses. Sorry you misunderstood. :goodvibes
 
Telling the grieving family that I do this because I want to and never accept any payment. If you still want to thank me for my contribution to the funeral then a contribution to the Church will be greatly appreciated.

That is not insulting the family but standing by your convictions.:sad2:

That is what she did and most of the time what happened. But there are still many times where she will get a check in the mail a few weeks later. I don't think it would be appropriate to mail it back. Instead she writes a gracious thank you letter and donates the funds. But we are waaay OT now. :)

Ahh, no not you!! You misunderstood. My post was not directed at you. It's directed at the whiners who throw stones at glass houses. Sorry you misunderstood. :goodvibes
No problem. :)


Ok as uh, fun as this all has been I'm taking my kids fishing now.
 
If the Bidens (I assume this is a joint tax return?) really did give that little then I do find it sad. Same for Cheney and Reagan.

Regarding the actual IRS statistics, though I'm confused. I assume these statistics are based on actual tax returns--but how can they be accurate when so many people in the lower incomes just take the standard deduction? GF and I have never itemized deductions so we've never given the IRS any information about how much we give to charity. I don't think my parents (in their 50s--making in the $45-60,000 range most years) do so either; or at least, I don't think they deduct charitable giving--I've never seen them keep track of any charitable giving that they do, but I guess they could just completely fudge the number and hope not to get audited. :confused3

What gives me pause is that I find it *extremely* hard to believe that people are making in the $15,000 to 30,000 range are on average giving away almost $2000 a year to charity. How can someone who makes in the $15-20,000 afford to give away such a significant chunk of their income? This is the range that most PhD students I know are getting paid per year and many of them are taking out loans in order to live when they are closer to the $15,000 mark.

And since people in the $15-20,000 range are likely giving much less than $2000, that means people nearer to the $30,000 range are giving much more than $2000 in order to make the average be around $2000. I also have trouble believing that people in the $30,000 income range are routinely giving something like $4000 a year to charity.

In fact, I'm finding numbers that look nothing like those IRS figures:

http://www.entrepreneur.com/tradejournals/article/79972108.html
Lower-income households appear to contribute smaller average percentages of their income to charity and are less likely to donate. Among the group of households that contribute to charities, however, households with income under $25,000 contribute a larger percentage of their income (about 1.5 percent of income) than do households with incomes between $25,000 and $50,000 (2) (see Figure 2). Above that level, average charitable contributions as a percent of income tend to increase, reaching a peak of about 3 percent of income for households with incomes above $400,000.

So households making 25,000 give an average of $375.
Households making over $400,000 give an average of $12,000 a year.

This site says 3.1% is the average across all Americans: http://www.justgive.org/html/don_info/howmuch.html.

According to this site
# Average Annual Giving: On average, wealthy Americans (annual income of $150,000 or more) give away 1.9 percent of their annual income.49

# Under $300,000: American families making under $300,000 a year give away roughly 2.3 percent of their incomes.50

# Over $300,000: American families making over $300,000 a year give away roughly 4.4 percent of their incomes.50
http://www.generousgiving.org/page.asp?sec=4&page=161

These numbers seem much more reasonable--what's going on?
 
This is nothing new. We learned the same thing about Clinton and Gore when they were in office. Wasn't it Gore that took a tax deduction for giving away "some old underwear"?

The democrat party isn't keen on philanthropy. They want government — with our tax dollars — to pay for everything, not private citizens and organizations.

Here's another link, and a quote:

“It is jarring that a couple earning over $200,000 per year (the Bidens) would give as little as $2 per week to charity. This giving compares very unfavorably to John McCain, whose tax returns show that he gave 27.3% - 28.6% of his income to charity in 2006-2007. During the same period, the Obamas’ tax returns show that they gave 5.8% - 6.1% of their income to charity.”

http://blogs.dailymail.com/donsurber/2008/09/13/uncharitable/

Interesting, no? Coming on the heels of that 9/11 "Service Forum" Obama and McCain participated in.

:confused3 Umm, aren't you forgetting the MILLIONS that the McCains are worth?!
http://www.washingtonpost.com/wp-dyn/content/article/2007/03/24/AR2007032400305_pf.html

Sen.John McCain(R-Ariz.)

Net worth: $25-$38 million

Details: McCain and his wife Cindy have substantial real estate holdings in Arizona -- including a home worth more than $1 million and land worth between $1.5 million and $3 million. Most of the wealth comes from Cindy, who has more than $1 million in beer distributor Hensley & Co., which her father founded. McCain has written three books.
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Sen.Barack Obama(D-Ill.)

Net worth: $1-$2.5 million*

Details: In January 2005, Obama agreed to a $1.9 million advance from Random House for two non-ficton books and a children's book, of which $200,000 is being donated to charity. One of those books -- "The Audacity of Hope" -- has been a huge best seller since being released in October. He owns a home worth at least $1.6 million in Chicago.

*His wealth is likely to have increased significantly because of the huge success of "The Audacity of Hope"
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Sen.Joe Biden(D-Del.)

Net worth: $100,000-$150,000

McCain is worth 25 million and gave $105,000 to charity in 2007--that's .5% of his net worth.

Obama is worth 1 million and gave $240,000 too charity in 2007--that's .24% of his net worth!

Biden is worth $100,000 and gave $995 to charity in 2007--that's .9% of his net worth.

Gee, who's looking stingy now? :rotfl:
 
How do you know he reported all of his giving?
 
If that is truly Biden's Net Worth --- for his age and social status...
I'm not too sure I want this guy one heartbeat away from leading our economy. Seriously. Thank God he has a good pension and health care plan guaranteed for his old age I guess.

McCain, there is not much transparency in his numbers as he is heavily supported by his wife's wealth.

Obama, I noticed you used the lower end of the estimate there to compute his percent. That rather skews the percent.
 
If that is truly Biden's Net Worth --- for his age and social status...
I'm not too sure I want this guy one heartbeat away from leading our economy. Seriously. Thank God he has a good pension and health care plan guaranteed for his old age I guess.

McCain, there is not much transparency in his numbers as he is heavily supported by his wife's wealth.

Obama, I noticed you used the lower end of the estimate there to compute his percent. That rather skews the percent.

I used the lowest estimate for all 3 of them. I don't understand Biden's low net worth either. I don't know how it's calculated, but I assume he has some equity in his home and that he has a least a little something saved/invested. I mean, what the heck is he spending $200-300,000 a year on if it's not in savings/investments and not in equity in his house? (And apparently it isn't going to charity either.) But maybe I don't understand the calculation. :confused:

In any case, I don't really care who gave more and on which calculation.

I'm sure all of them could have afforded to give a lot more than they did. It would be interesting to look at politicians overall and factor in both income and wealth and see if the average American gives a higher % of their expendable (say anything above $35,000 per household) income to charity than do politicians on both sides of the aisle. I'd bet on the average American.
 
Well most of my extended family and dh's is Catholic. I know that my Catholic Grandma does not take a tax deduction for tithing the money she gets at all the Catholic funerals (about 30 a year) she sings at for her church. She insist people do not pay her and then tithes it if they choose to anyways, she takes no deduction on that. I did not know that until my sister and I helped her do her taxes because she KEPT IT PRIVATE.

Don't presume to know the personal faith convictions of anyone just because they sit by you in a pew at church.
Is your Grandma claiming the money she does get for singing as income? Because she should be. Or is she just calling it a wash...not claiming it as income, and not claiming the donation back to the church. In which case, that's just not the way it works.

I think it's pretty silly not to claim the deduction, particularly a very generous religious person. If you claim the deduction and therefore pay less taxes, then you've got more money to donate. No one is saying that you should stand up and announce in church how much you've donated, or that it should be published in the newspaper, and most people (non-politicians) don't ever have to tell anyone how generous they are. And claiming the tax deduction isn't announcing it either. But again...less taxes, more money in your pocket to therefore give away.
 
:confused3 Umm, aren't you forgetting the MILLIONS that the McCains are worth?!
http://www.washingtonpost.com/wp-dyn/content/article/2007/03/24/AR2007032400305_pf.html



McCain is worth 25 million and gave $105,000 to charity in 2007--that's .5% of his net worth.

Obama is worth 1 million and gave $240,000 too charity in 2007--that's .24% of his net worth!

Biden is worth $100,000 and gave $995 to charity in 2007--that's .9% of his net worth.

Gee, who's looking stingy now? :rotfl:
Are you sure that Biden only has a net worth of $100K? He earns $300K per year.
 


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