Beto O’Rourke’s Charitable Donations Last Year: 0.3% Of His Income

Hot Air | 4/16/2019 | Staff
MijacMijac (Posted by) Level 3
Click For Photo:

The guy lives in a 4,700-square-foot home, according to the AP, and as of 2015 had a personal net worth of $9 million. His father-in-law is a bona fide real-estate tycoon who’s worth around $500 million by Forbes’s estimate. According to his newly released tax returns, he and his wife had income in 2017 of $370,412. Asked recently whether he’d support a wealth tax, O’Rourke answered in the affirmative: “I think fundamental to this experiment of America and democracy is ensuring we don’t have princes and princesses, kings and queens, a concentration of wealth and power and privilege, and that’s exactly what we have in this country right now.”

SEE ALSO: Was Trump’s presidency worth it if it leads to the election of Bernie Sanders?

Amount - Charity - Percent

Total amount donated to charity in 2017: $1,166. Or 0.3 percent.

"I hope he rots in ****!": Time for more war on "The View"

Andrew - Stiles

If you’re wondering whether that was an off-year for him in charitable giving, let Andrew Stiles set you straight:

O’Rourke, who released ten years worth of tax returns, has done well for himself over the years, but has not made a habit of donating a significant portion of his income to charity. Despite reporting an average annual income of $340,613 between 2008 and 2017, the candidate donated an average of just $2,430 to charity per year during that time, or 0.7 percent.

Donation - Americans - Income - Brackets - IRS

That’s considerably less than the average donation by Americans in lower income brackets. According to IRS data from 2016, Americans earning between $200,000 and $250,000 reported an average of $5,472 in charitable contributions, or about 2 percent of total income. It’s also less than half of what Joe Biden reported on his 2011 tax return (1.5 percent of total income in charitable donations), which resulted in the former veep being ridiculed as a cheapskate.

Per Stiles,...
(Excerpt) Read more at: Hot Air
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!