Quoted from FoxNews.com:
President Obama and Vice President Biden released their tax returns on Thursday (Tax day). They reveal that Biden and his wife, Jill, earned $330,000 in 2009, but gave just four tenths of one percent ($4,820) in cash and “in kind” contributions to charity. The Obamas did slightly better. They gave almost 6 percent of their $5.5 million joint income to charity. Much of their income came from the president’s two bestselling books.
Check the math. The amounts provided by Fox News for Joe Biden do not represent “four tenths of one percent,” but rather almost 1.5%. Additionally, there is no mention of President Obama’s Nobel Prize donation ($1.4 million) to ten different charities, but not claiming a tax deduction for the donation. The Nobel Prize contribution would have amounted to over 25% of the $5.5 million income reported by Fox News.
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