Posted on 04/19/2012 5:37:40 PM PDT by Free ThinkerNY
An analysis of 12 years of tax returns recently released by President Barack Obama from 2000 to 2011 shows that the First Family donated 1.4 percent or less of their income to charity until he began to run for the U.S. Senate in 2004, and gave only nominal amounts to the church except for substantial donations to the Rev. Jeremiah Wright's Trinity Church of Christ in 2006 and 2007.
The analysis performed by The Christian Post shows that from 2000 to 2011, the Obamas reported an Adjusted Gross Income (AGI) of $18,677,610, of which they paid $5,794,492, or 31 percent, in taxes. Almost this entire amount was taxed as ordinary income based on the particular bracket the Obamas fell into from year-to-year, as compared to the 15 percent tax rate on long-term investment income that many individuals who have significant investment income, such as GOP candidate Mitt Romney, pay.
Over the same 12-year period, President and Mrs. Obama gave $1.3 million to various charities, ranging from a low of $1,050, or .4 percent of their income in 2002, to $172,130, or 21.8 percent of their income in 2011. Overall, from 2000 to 2011, the Obamas gave 6.9 percent of their AGI to charity, and less than a quarter of a percent was reported as donated to churches.
A few of the charities that received substantial gifts from the Obamas include CARE, Habitat for Humanity, Fisher House, United Negro College Fund and the Congressional Black Caucus.
(Excerpt) Read more at christianpost.com ...
The Congressional Black Caucus is a charity?
The Congressional Black Caucus is a charity?
$18 million in 12 years minus the million or so government salary he’s made in the past four years isn’t bad pay for a community organizer.
The Congressional Black Caucus is a charity?
They might qualify as a group for the mentally impaired or slow adults. That’s my best guess.
looks like a type...shoulda been congressional black circus.
Mrs. L and I gave EIGHT times that amount in 2002 on a combined income far, far less.
Our giving did not keep pace with the Obamas' in 2011 but of course neither did our income.
Mrs. L and I gave EIGHT times that amount in 2002 on a combined income far, far less.
Our giving did not outpace the Obamas'in 2011 but of course neither did our income.
ping...
“An analysis of 12 years of tax returns recently released by President Barack Obama from 2000 to 2011 shows that the First Family donated 1.4 percent or less of their income to charity until he began to run for the U.S. Senate in 2004.”
“In 2011, their income dropped to $789,674, but their charitable giving rose to a 12-year high of 21.7 percent.”
ELECTION YEAR....dontcha know...
And...posts 2 and 3
The Congressional Black Caucus is a charity?
I'd fire that accountant.
We did too, and have for many years. We believe charity starts at home, not at the fed gov level.
Muslims tithe (sort of), who knew.
There is a silver lining...thank G-d Øbama didn’t give more to Trinity UCC (Unitarians Considering Christ)so then they can’t spread that hateful gospel further.
The CBC has a scholarship fund that might be 501(c)(3). You know the one that Maxine Waters got her granchillin some $$$ from.
We all don’t publicize what we give to Church and charity, unless it will help a particular charity.
Some of our giving is to Serbian-related charities, which much of the secular world considers a negative rather than a positive. They’re DEAD WRONG, of course! And in several cases our efforts for Serbian humanitarian aid has involved a lot more than just writing a check.
As for the obamas giving to the church, the REAL problem is that their “church” is NOT the Church, or anything remotely connected with it!!!! “Reverend” Wright’s sect is worse than worthless, and deserves no money at all!!
It is also reportedly full of muslims, which of course suits the obamas just fine. But their level of giving shows that even they might be remotely aware how worthless the Wright sect really is.
You are a better keeper of the Eighth Commandment ("view his actions in the best possible light...."[Luther]) than I, FRiend.
Christos Voskrese!
Voistinu voskrese!
I hope that you got to experience the full Orthodox Three-Day Pascha (from Holy Thursday through to Holy Pascha, and perhaps even Bright Monday/Renewal Monday) for yourself this year as you planned.
As for my comment about the obamas’ recognition of the negative value of their bogus “church”, that included more than a full dose of irony. Whether there was any virtue in it, I don’t know. God knows.
Leftists don’t believe in charity. They believe it denies funds and control to government bureaucrats.
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