Jump to content

Biden, Harris gave less to charity in 2021 than others earning similar income


WestVirginiaRebel

Recommended Posts

WestVirginiaRebel
biden-harris-tax-returns-show-both-gave-less-charity-than-national-average
Fox News

President Biden and Vice President Harris each gave less to charity than the average taxpayer for their level of earnings, with Harris and second gentleman Doug Emhoff donating far below what most in their high income bracket contribute, according to their 2021 tax returns released Friday.

The poorest Americans were far more generous than either couple.

Biden and first lady Jill Biden reported federal adjusted gross income of $610,702 in 2021 and paid $183,925 in federal and state income taxes while giving $17,394 to charity, about 2.8%. According to 2016 data from the nonpartisan Tax Policy Center, the average charitable deduction for those making between $500,000 and $2 million is 3.1% of adjusted gross income. Filers earning between $100,000 and $500,000 donate 2.9%.

Harris and Emhoff's 2021 federal income tax return showed a federal adjusted gross income of $1,655,563. The couple paid $523,371 in federal income tax.

The tax filing shows they contributed $22,100 to charity in 2021, which, at 1.3%, is less than half the average donation for such high earners. On average, taxpayers making between $500,000 and $2,000,000 gave 3.1% of their income to charity, which would equal $51,322 on an income of $1,655,563.

Those earning under $50,000 who itemized charitable deductions handed out 8.4% of their AGI.

________

Why would they give when they always want to take?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 1721758026
×
×
  • Create New...