Paul M. Jones

There are no solutions, only tradeoffs.

Mitt Romney: 30% to Charity

This past year, he gave $4,020,772 of his  $13,696,951 in (“mostly investment”) income to charity.  That’s 29.65%.  Interestingly, “The Romneys [only] claimed a deduction for $2.25 million of those charitable contributions.”

Romney also provided details on his past 20 years of tax returns, indicating that he paid taxes in each of those years.  Do wonder if Harry Reid will now apologize for slurring the good man from Massachusetts.  And “Over the entire 20-year period, the Romneys gave to charity an average of 13.45% of their adjusted gross income.”

By contrast in the ten years prior to his nomination to be the Democratic candidate for Vice President of the United States, Joe Biden gave 0.15% of his income to charity.  (UPDATE:  For comparison purposes, in the 20 years prior to his current bid for the White House, Mitt Romney gave ninety times as much of his income to charitable institutions as did Joe Biden in the 10 years prior to his nomination as the Democratic candidate for Vice President.)

via GayPatriot » Tax returns show Mitt Romney’s empathy.