Saturday, October 04, 2008

Sarah Palin Releases Tax Records, Shown To Give More To Charity Than Joe Biden

Sarah Palin released her tax records for the years of 2006 and 2007, showing her income, how much she paid in income taxes and she has given more to charity than Joe Biden's combined totals since 1998.

The Republican vice presidential candidate, Sarah Palin and her husband Todd, earned $166,080 in 2007 and paid out $24,738 in income taxes, which is in line with national averages at 14.9 percent of their income.

According to the Reuters report, the 14.9 percent paid as income tax is comparable to what "most Americans of their income level pay."

As reported by Associated Press, the Democratic vice presidential candidate, Joe Biden and his wife Jill, earned $319,853 in 2007 and paid $42,516 in federal taxes and another $10,912 in Delaware state taxes.

The article written by The Hill shows Palin donated $3,325 to charity in 2007 and $4,880 in 2006 when their combined income was $127,869.

Biden has donated a total of $3,690 to charities since 1998.

According to a USA Today report, the Bidens gave $995 in charitable donations last year, which was the highest amount donated for them in the last decade to which their average was $369 a year to charity, as per his tax records.

Over the decade, the Bidens reported a total of $3,690 in charitable donations, or 0.2% of their income.


The USA Today did receive an email from Biden spokesperson, David Wade, stating the Bidens "also contribute to their favorite causes with their time as well as their checkbooks."

Nationally, more than two-thirds of U.S. households reported giving to charity in 2004, with average contributions of $2,047 that year, according to a study released in January by the Center on Philanthropy at Indiana University. Those households who gave to charity averaged donations of about 3% of their income, says Patrick Rooney, the center's interim executive director.


The Obamas gave an average of 5.7 percent of their income in 2007.

John McCain gave over 24 percent of his income with his wife Cindy McCain, who files separately, giving 9.3 percent of her income to charity in 2006, her 2007 numbers have not been released.

Bottom line here is some talk the talk about giving and others actually walk the walk without the fanfare.

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