Joe Biden Gave 1.5% of Income to Charity in 2019; Trump Gave Entire Salary to Government

[mystery-ak]

Joel B. Pollak 29 Sep 2020

Former Vice President Joe Biden and his wife, Dr. Jill Biden, gave 1.5% of their income to charity in 2019, records show.

The Bidens released several years of their tax returns ahead of the first presidential debate on Tuesday, on the heels of a New York Times story on Sunday that claimed Trump had paid no net taxes in some recent years due to business losses. (The Times noted that Trump had paid millions to the U.S. Treasury but rolled that forward to future tax years. It also found no evidence of any links to Russia, as Democrats had long claimed, nor any links to other media-fueled conspiracy theories.)

The Bidens’ adjusted gross income was $985,233 in 2019. They gave $14,700 to charity.

The charities to which they gave were: Northern Virginia Community College Educational Foundation ($1,200); and St. Joseph on the Brandywine , where the Bidens’ son, Beau, is buried ($2,000); Westminster Presbyterian Church ($1,500). They also list $10,000 in contributions from “Giacoppa Corp,” one of the S-corporations the Bidens use for some of their income (thereby avoiding Medicare and Social Security taxes).

The Bidens have been criticized in the past for paltry giving, though they gave more in recent years. In 2008, ABC News reported that they had given only $369 per year, on average, for the previous decade. They had never given more than $995 in any given year.

more
https://www.breitbart.com/politics/2020/09/29/joe-biden-gave-1-5-of-income-to-charity-in-2019-trump-gave-entire-salary-to-government/

[skeeter]

While NYT, CNN and the entire cadre of rat media bay at the moon re: Trump's illegally obtained but entirely above board returns, Breitbart is the only place you'll read this.

[mountaineer]

No used underwear donated, I trust?

That's a pretty healthy income for an unemployed guy. Kudos, Joe!

[RedHead]

According to Trump's financial disclosure form released last July, he claimed a minimum income of $440 million for 2019.  So donating his $400,000 presidential salary is around 9/10ths of one percent.

https://www.politico.com/news/2020/07/31/trump-2019-financial-disclosure-report-389953

[GtHawk]

According to Trump's financial disclosure form released last July, he claimed a minimum income of $440 million for 2019.  So donating his $400,000 presidential salary is around 9/10ths of one percent.

https://www.politico.com/news/2020/07/31/trump-2019-financial-disclosure-report-389953

And of course you know what other charitable contributions he may or may not have made so that comment is valid and not just snarking?

[RedHead]

And of course you know what other charitable contributions he may or may not have made so that comment is valid and not just snarking?

Since we'll never see his income tax forms then we'll never know how much more he gave to charity, if anything.  So we go with what we do know.

[Hoodat]

The charities to which they gave were: Northern Virginia Community College Educational Foundation ($1,200); and St. Joseph on the Brandywine , where the Bidens’ son, Beau, is buried ($2,000); Westminster Presbyterian Church ($1,500). They also list $10,000 in contributions from “Giacoppa Corp,” one of the S-corporations the Bidens use for some of their income (thereby avoiding Medicare and Social Security taxes).

So basically, they gave only $4,700 with the other $10,000 being part of a tax dodge.  That comes to 0.48% of adjusted gross income.

[Hoodat]

Since we'll never see his income tax forms then we'll never know how much more he gave to charity, if anything.  So we go with what we do know.

Trump makes good on pledge to donate to Harvey relief