Home > Uncategorized > Romney Charitable Giving Has Vastly Outpaced Obama’s

Romney Charitable Giving Has Vastly Outpaced Obama’s

“The Obama campaign is assailing Gov. Mitt Romney for failing to release his taxes and for paying only around a 15 percent rate, but it fails to note one of the reasons for Romney’s relatively moderate payment: He donates enormous sums of tax-deductible money to charity.

In fact, during a comparable period before Obama and Romney were running for president, Romney’s giving probably was at least ten times Obama’s as a percentage of their incomes, and possibly much more.

Romney has stated that he has long given at least 10 percent of his earnings to his Mormon church. Assuming this is true – and he’d probably have to be classified as a pathological liar if it’s not – the Romneys’ giving has dwarfed that of the Obamas, whose charitable contributions only increased in direct proportion to President Obama’s political activity.

According to an analysis of Obama’s tax returns by White House Dossier, the Obamas in the five years from 2000 to 2004 gave only in the range of 0.4 percent to 1.4 percent of their adjusted gross income to charity.”

Via White House Dossier

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