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Tuesday, April 19, 2011

Obama’s 2010 Giving – How Do You Compare?

In 2010, President Obama and his wife donated 14% of their income. That amounted to just over $245,000 which went to 36 different charities. Specifically, they gave:
If President Obama’s proposal to limit charitable tax deductions for the wealthy were in place, then he and his wife would have had to pay another $26,131 in taxes.

Vice President Biden and his wife gave 1.4% of their income, or $4,400, to 8 charities including:
  • $1,400 to the Northern Virginia Community College Alumni Scholarship Fund
  • $1,000 to the Westminster Presbyterian Church
Photo from Shutterstock.com.

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