So, after demanding Mitt Romney’s tax returns in an effort to make him look like he’s just another greedy, rich Republican , the returns show that Mr. Romney donates 15 times more to charity than the President of the United States. I guess all those multi-million dollar vacations to Hawaii, Spain and other swanky, super expensive resorts around the world really do eat into the Obama’s budget. Not that it really came out of their pocket, mind you. Mr. President, Newt, a word of advice…careful what you ask for, sometimes what you find explodes in your face.
Democratic presidential candidate Barack Obama and his wife Michelle gave $10,772 of the $1.2 million they earned from 2000 through 2004 to charities, or less than 1 percent, according to tax returns for those years released today by his campaign.
The Obamas increased the amount they gave to charity when their income rose in 2005 and 2006 after the Illinois senator published a bestselling book. The $137,622 they gave over those two years amounted to more than 5 percent of their $2.6 million income.
Romney charitable contributions
Tax year Taxable income Charitable donations Donations as % of income
2010 $21.7 million $2.98 million 13.73%
2011 (est) $20.9 million $4 million 19.14%
