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Tax records: Romney donated 29 percent of income to charity in 2011
Mitt Romney has donated nearly 13.5 percent of his income to charity over the last 20 years, according to a statement from his accountants at PricewaterhouseCoopers.
Those charitable gifts reached 29 percent of his income in 2011 when he donated $4 million out of his $13.7 million income, according to a Sept. 21 statement describing the Romney’s 2011 tax returns.
The combination of Romney’s charitable donations and tax payments to federal and state authorities – which averaged 20 percent, and never fell below 13.66 percent — amounted to 38.5 percent of his income over 20 years.
The campaign did not release cumulative numbers for his income, taxes paid or charitable donations.
Today’s announcement refutes claims by Senate Democratic leader Sen. Harry Reid, who claimed Romney paid no taxes in some years.
Romney’s generosity contrasts with President Barack Obama’s donations.
Obama gave 1 percent of his income, or $10,772, to charity between 2000 and 2004, according to tax data provided in January 2012. In 2005 and 2006, Obama increased his charitable giving to 5 percent of of his income, or $137,622 on $2.6 million in income. That figure grew to 5.7 percent in 2007.
Ray
September 22nd, 2012
This is typical. Democrat bastards are only generous with YOUR money!
Alpha Maser
September 22nd, 2012
I wonder how much Dirty Warbucks Harry Reid donated to charity? I’m guessing less than 2% of his ill gotten gains.
dba_ vagabond_ trader
September 22nd, 2012
Not enough damn it! The only good charity is involuntary donations via grabbermint charity!
Diann
September 22nd, 2012
This argument won’t work with liberals. They do not approve of private charity. They believe that charity is the purview of the government.
FreeMan & Sarah on Vacation
September 22nd, 2012
4 mil, dang. How do I get on that list.
But see he sent it all to the racist causes he wanted and not to the ones that the babie killing racists Libs wanted.
Maudie N Mandeville
September 22nd, 2012
Liberals whine about raising taxes to ‘help the poor’ but 1) don’t voluntarily pay more taxes 2) take every tax deduction they can 3) give far less to charitable causes than Republicans.
Charity: 1 the voluntary giving of help, typically in the form of money, to those in need.
2 an organization set up to provide help and raise money for those in need.
Xavier
September 22nd, 2012
The leftard forums are saying 1] Romney averaged 20 years of returns to cover something up, and 2] it’s somehow proof that he’s hoarding money offshore. They now want all 20 years of records released and they’re mad as hell.
I know it doesn’t matter but it’s fun to watch the convolutions they go through to rationalize their ‘Romney = the evil rich’ narrative. That amount of charitable giving blew their minds because everybody knows progs are more generous than Conservatives.
CrustyB
September 22nd, 2012
Romney could end hunger in Africa and the left would argue that he put countless charities out of business.
reddecaesari
September 22nd, 2012
it doesn’t matter what this man does. they hate him. he is a mirror to their soul.
Brown Eyed Girl
September 22nd, 2012
Unless he donated it directly to black causes, he is nothing but a BIGOT.
Mr.Gates
September 22nd, 2012
@Xavier – That’s right! And just to clarify, Conservatives are more generously charitable than libtards BY EVERY MEASURE.
CrustyB
September 22nd, 2012
Conservatives believe in voluntary charity.
Liberals believe in government theft via statism.
conservative cowgirl
September 22nd, 2012
I wonder if the charitable donations also includes the at least 10 per cent of his income that he undoubtedly gives to his church in the form of a tithe? If not, add that in because some of that would go to charitable causes.
Jerry Manderin
September 22nd, 2012
Romney releasing his tax returns for 2011 at this time was masterful. He gave them more and more rope to hang themselves with.
Now look at the petty outrage on the left about it. They know they’re screwed.
Carlos The Jackal
September 22nd, 2012
Obama’s favorite charity is…obama.
And the CPUSA.