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Democratic Primaries
In reply to the discussion: So I was curious at Sanders' 2016 retrun [View all]Autumn
(48,962 posts)69. Just so you know, Bernie isn't a miserly giver as some are. Links and I'll highlight
the details for you.
Elizabeth Warren: 5.5 percent.
Jay Inslee: 4.1 percent
Bernie Sanders: 3.4 percent
Amy Klobuchar: 1.9 percent
Kirsten Gillibrand: 1.7 percent
Kamala Harris: 1.4 percent
Beto ORourke: 0.31 percent.
The Democratic 2020 hopefuls have started releasing their tax returns in the name of transparency (how quaint!), and among other information about their finances, its giving us an opportunity to learn a bit about their charitable giving habitswhich in some cases are frankly a bit stingy.
Credit to the Washington Post for scouring the candidates returns for this info, which they published on Tuesday. First, heres how much of their total income candidates gave away, from most generous to least. All numbers are for last year, unless otherwise noted.
But as for the other candidates? For their income, Sanders, Inslee and Warren are all somewhat above average givers by U.S. standards. The others are a bit below average. Based on IRS data, the Tax Policy Center shows that Americans who earn between $100,000 and $500,000 contribute about 2.9 percent of their adjusted gross income to charity; those who earn $500,000 and $2 million give about 3.1 percent. (The Posts calculations are based on total income, not AGI, which is your income after subtracting away certain deductions. The candidates giving would probably be slightly higher as a percentage of AGI, but you still get the idea.)
https://slate.com/business/2019/04/beto-orourke-democratic-candidates-tax-returns-charitable-giving.html
https://www.democraticunderground.com/128773043
primary today, I would vote for: Undecided
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His newfound millionaire status probably explains why he never released his tax returns.
Renew Deal
Apr 2019
#1
People act like this is some big revelation. His book income is disclosed every year
Hassin Bin Sober
Apr 2019
#7
Personal homes, even second and third homes, are not included on the Senate Disclosure forms.
pnwmom
Apr 2019
#13
Mostly. Because he is the only one running as a Democrat while he is not
question everything
Apr 2019
#42
And he, and his spouse, are running at least three business entities
question everything
Apr 2019
#43
He also donated the proceeds of one of his books to charity and chose not to take
vsrazdem
Apr 2019
#4
Not sure, someone else had commented that he had said that. However, 18,000 is sure a lot
vsrazdem
Apr 2019
#65
I'd like to see a link to Sanders attacking a Democrat for being a millionaire.
rgbecker
Apr 2019
#20
I was gonna say he attacks dems CONSTANTLY, to find just one example is laughable
Eliot Rosewater
Apr 2019
#28
Mrs. Coffee's post will do. Bernie accused the Democratic party as being the party for people
pnwmom
Apr 2019
#47
How much did he donate without taking a deduction? A couple hundred in royalties? n/t
pnwmom
Apr 2019
#36
You keep saying that he donated book proceeds and did not take the deduction.
Blue_true
Apr 2019
#53
I don't keep saying it. I stated it once as mentioned in the linked article
CentralMass
Apr 2019
#70
There have been several msm articles on it. I believe that I first read it here on another podt.
CentralMass
Apr 2019
#85
We will have to agree to disagree. Eventhough I don't agree with you a lot, I like the general
Blue_true
Apr 2019
#86
How much in royalties did that book make? Funny he didn't mention that piece of info.
pnwmom
Apr 2019
#61
When he wears a wrong color suite and his hamburger comes from Trump steaks. I'm reasonable
uponit7771
Apr 2019
#39
Did Sanders release his ... FULL ... returns? Is there a site we can see them? thx in advance
uponit7771
Apr 2019
#75
Ah, I'm still looking for a sight we can see the returns. Not releasing all the schedules does matte
uponit7771
Apr 2019
#78
Or once he had no choice but to show that he was a millionaire of several years running.
Blue_true
Apr 2019
#59
If the nazi fascist stays in the WH after 2020, I know EXACTLY who to blame
Eliot Rosewater
Apr 2019
#30
Just so you know, Bernie isn't a miserly giver as some are. Links and I'll highlight
Autumn
Apr 2019
#69