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Democrats Vs. Republicans: Who's The Most Greedy?


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democrats-like-giving-money-from-others.htmInvestors Business Daily:

Greed: Rich businessman Mitt Romney gave more than 16% of his income to charity last year. A few years back, Barack and Michelle Obama gave less than 1% of theirs. Aren't Republicans supposed to be the heartless ones?

 

 

According to their tax returns, the Obamas gave to charitable causes just $10,772 of the $1.2 million they earned from 2000 through 2004. In 2005 and 2006, they boosted their giving a bit to 5%.

 

How about Vice President Joe Biden? Surely he could top the Obamas and save some face for the party that purports to be all about helping the poor. But no.

 

 

Biden and his wife gave an average of $369 a year to charity for the decade preceding his vice presidency, according to USA Today. That amounted to 0.3% of their income. They haven't been much more generous since Biden became veep. In 2010, they gave $5,350, or roughly 1.4%.

 

Maybe the Clintons, the last Democrats to hold the White House before the Obamas, can save the party's reputation. From 2000 to 2006, their donations averaged 8.26% of income, from a low of 1.21% in 2002 to a high of 12.57% two years later, says the Tax Foundation.

 

 

Better, but not exactly Romney territory. The former Massachusetts governor gave 13.73% of his income to charity in 2010 and an estimated 19.14% last year.

 

Romney's top opponent in the GOP primaries, Newt Gingrich, is closer to the Democrats in his giving, having donated 2.6% of his income in 2010.

That leaves him open for criticism. But remember: Unlike Democrats, Gingrich hasn't made a political career of painting himself as a champion of the poor.Scissors-32x32.png

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