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TOPIC: The Stingiest Politicians (The Daily Beast 4/16/10)

Jen the Michigander

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Date: Apr 17, 2010

The Stingiest Politicians (The Daily Beast 4/16/10)	Permalink

http://www.thedailybeast.com/blogs-and-stories/2010-04-16/the-stingiest-politicians/full/ This week the White House released the Obama and Biden tax returns, revealing that our current president earned more last year—$5.6 million—than any sitting president in history. In addition to spreading the totality of his $1.4 million Nobel Peace Prize winnings around to 10 different charities, the Obamas donated nearly 6 percent of their income, or $329,100, to worthy causes—equal approximately to the amount the Bidens earned last year. But the veep—long known as one of the less-wealthy members of the Washington political class—surrendered less than 2 percent of his income to charity, less than the typical American household donates annually. n the years before she was drawn into the national spotlight, then-Alaska Gov. Sarah Palin fell squarely in the national average for charitable contributions. In 2006 and 2007, she and her husband donated 2 to 3 percent of their income, or about $4,000. Most of those donations, according to her tax returns, were of clothes and household items to the Salvation Army in Wasilla, Alaska—it must have been a lot more clothing than David Paterson was donating. And like many American givers, the Palins donated generously to local churches. In the eight years after President Bill Clinton left office, he and Hillary soared north through the tax brackets, earning a combined $109 million. Much of that wealth came from blockbuster memoir sales and huge speaking fees. During those eight years, tax returns show they recorded some $10.2 million in charitable contributions, or a very generous 9.35 percent of their income. Most of those contributions went straight into the Clinton Foundation—a charity founded by the Clintons to focus on global issues like health, climate change, and economic development—which has only spent about half the money. Hillary is known to write out personal checks to charities for women's issues when moved by what she has heard. __________________ Nobody puts THIS baby in the corner!

freespirit

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Posts: 1695

Date: Apr 17, 2010

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Thanks for posting this Jen. As usual, Hillary does herself proud. Big Dawg is a pretty generous soul, as well. (: __________________ It was we, the people; not we, the white male citizens; nor yet we, the male citizens; but we, the whole people, who formed the Union.... Men, their rights and nothing more; women, their rights and nothing less. ~Susan B. Anthony

Hillarysmygirl16

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Posts: 2818

Date: Apr 19, 2010

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I am not surprised since Bill was very poor early in life. __________________

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