In other words, if they both donate 20% of their worth, then they're equal, but if Obama donates 25% and McCain donates 10%, even though McCain's dollar amount is so high, in reality it isn't as great of a contribution.
Even percentage wise McCain has given FAR more than Obama.
According to what info source(s)? I'm curious and wouldn't know where to look other than that celebrity donation site which I'm not sure if they include politicians.
Obama's was around 6% I believe, and McCain's was around 20% - I think it was actually higher. I don't have the exact figure in front of me, but McCain's percentage was significantly more than Obama's.
Obama and his wife, Michelle, released tax returns earlier this year showing they earned more than $4.2 million last year, about $4 million of it from sales of Obama's two books, Dreams from My Father and The Audacity of Hope.
The Obamas gave more than $240,000 to charity last year, about 5.7% of their income, their tax return shows. Their charitable giving has risen with their income; in 2000, when the couple made $240,726, they gave $2,350 to charity, about 1% of their income.
Republican presidential nominee John McCain reported income of $405,409 last year. His wife, Cindy McCain, the head of a Phoenix beer distributorship, files separate tax returns. McCain's campaign released only a summary of one of Cindy McCain's tax returns, showing she earned more than $6 million in 2006.
John McCain reported giving more than $202,000 — a quarter of his income — to charity in 2006 and 2007, the only years for which his campaign released his tax returns. His campaign didn't release information about his wife's charitable contributions, however. In 2006, her total itemized tax deductions, a category which includes charitable contributions and other deductible items such as mortgage interest, was $569,737, or 9.3% of her income. "
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"It doesn't matter - combined worth and income is factored in when a person and their spouse decide what and how much
that is my problem, not the topic, the fact that this topic is being beaten to death.
In other words, if they both donate 20% of their worth, then they're equal, but if Obama donates 25% and McCain donates 10%, even though McCain's dollar amount is so high, in reality it isn't as great of a contribution.
Even percentage wise McCain has given FAR more than Obama.
According to what info source(s)? I'm curious and wouldn't know where to look other than that celebrity donation site which I'm not sure if they include politicians.
Julie
Mommy to Cooper Mitchell
http://www.usatoday.com/news/politics/election2008/2008-09-12-biden-financial_N.htm
Here's one source:
"
Obama and his wife, Michelle, released tax returns earlier this year showing they earned more than $4.2 million last year, about $4 million of it from sales of Obama's two books, Dreams from My Father and The Audacity of Hope.
The Obamas gave more than $240,000 to charity last year, about 5.7% of their income, their tax return shows. Their charitable giving has risen with their income; in 2000, when the couple made $240,726, they gave $2,350 to charity, about 1% of their income.
Republican presidential nominee John McCain reported income of $405,409 last year. His wife, Cindy McCain, the head of a Phoenix beer distributorship, files separate tax returns. McCain's campaign released only a summary of one of Cindy McCain's tax returns, showing she earned more than $6 million in 2006.
John McCain reported giving more than $202,000 — a quarter of his income — to charity in 2006 and 2007, the only years for which his campaign released his tax returns. His campaign didn't release information about his wife's charitable contributions, however. In 2006, her total itemized tax deductions, a category which includes charitable contributions and other deductible items such as mortgage interest, was $569,737, or 9.3% of her income. "
It's easier for McCain to give a quarter of his earnings to charity if he's married to Cindy, who's backing him up.
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