It is plainly clear that Obama and Biden expect the vast majority of taxpayers to “spread the wealth”. Obama’s tax plans will increase taxes on almost every taxpayer….and he intends to spread those dollars in the form of credits (welfare) to those who don’t pay taxes.
But when it comes to their own personal charity, Obama AND Biden fall short of most Americans and massively short of the candidate John McCain, who has given around 28% of his income EACH of the last two years.
Let’s be clear — Obama made this arrogantly stupid comment a couple of days ago….but he doesn’t understand the difference between charity and government Socialist welfare.
“Lately, he’s (McCain) called me a ‘socialist’ for wanting to roll back the Bush tax cuts for the wealthiest Americans so we can finally give tax relief to the middle class. I don’t know what’s next. By the end of the week, he’ll be accusing me of being a secret communist because I shared my toys in kindergarten. I shared my peanut butter and jelly sandwich.”
Charity is something you do proactively and of your own accord to help others in need. Welfare is a taking, by the government, from one person to give as they see fit to another…..BIG DIFFERENCE.
(About that sandwich—Knowing the person of Obama, if Obama ever did “share” his sandwich in kindergarten (which hasn’t been confirmed), his loyal, most radical friends probably took the sandwich while the kid for which it belonged wasn’t looking…..Obama claimed it as his own, and then decided to “share” it with others….he got 60% and 5 of his friends shared 40%….but I digress.)
Obama and Biden Refused to Spread Their Wealth
By Patrick Poole
Thinking about Barack Obama’s impromptu lecture to Joe “the Plumber” Wurzelbacher about his plans to “spread the wealth,” I wondered whether Obama was a practitioner of his own “spread the wealth” principles when he had the opportunity to do so, or whether he was the cheap political opportunist and redistributor of the wealth of others that he appeared to be.
Looking at Obama’s charitable giving in since 2000 based on his tax returns, we find that Obama consistently refused to follow his own advice to “spread the wealth” when he had the opportunity to do so. This is especially true in years when he made nearly $250,000 or more. Their contributions didn’t increase until Barack Obama’s extraordinary book deal helped make him a millionaire and Michelle Obama received nearly $200,000 raise in May 2005 when she assumed a new position with her employer as vice president of “community and external affairs” – coincidentally, just months after he husband joined the US Senate.
As the chart below shows (HT: TaxProf Blog, who has PDF links to all returns listed), from 2000-2004, Obama’s charitable giving was less than 1 percent:
In fact, during that 2000-2004 period Obama gave substantially less than the average family making more than $150,000, which averages giving of 2.2 percent of total income according to University of George Professor Russell James. And a study published in January by the Indiana University Center on Philanthropy found that nationwide in 2004 more than two-thirds of American households – the vast majority of which made significantly less than the $207,647 Obama made that year – still gave an average of over $2,000, or 3 percent of their income.
Obama’s running mate, Joe Biden, was even stingier about spreading his wealth. When his tax records were released in September, they revealed that over the past decade he had only donated an average of $369 each year. In 2007, his charitable giving was only $995, or 0.3 percent of income in a year when his tax returns reported $319,853 in income.
By comparison, John McCain gave more than one-quarter of his income in 2006 and 2007 (28.6 and 27.3 percent respectively). And according to the New York Observer, since 1998, he has donated royalties on his books totaling more than $1.8 million.
When Barack Obama and Joe Biden could voluntarily give more of their own income and had the means well beyond most Americans to do so, they refused. In the event that Barack Obama is elected President, however, he and his Democrat allies in Congress intend to force others with the full might of the US government to do what he refused to do on his own.
You sheeple voting for Obama, why on earth would you vote for the guy who wants all of your money to give to someone else, but doesn’t see fit to the help other with his own wealth?
(H/T: Patterico’s Pontifications)
Filed under: 2008 Presidential election, Barack HUSSEIN Obama, John McCain, Morality/Character, Politics, Progressives Ain't, Socialism, Taxes | Tagged: 2008 Election, Barack HUSSEIN Obama, Barack Obama Charity, joe biden, John McCain, Obama is a Socialist, personal donations, Politics, Socialism, Spread The Wealth, welfare |