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Obama Forgot to Spread His Own Wealth

Even when making more than $250,000, he gave away less than 1 percent to charity until he became a millionaire.


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 a nearly $200,000 raise in May 2005 when she assumed a new position with her employer as vice president of "community and external affairs".


As the chart below shows (HT: TaxProf Blog), from 2000-2004, Obama's charitable giving was less than 1 percent:

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In fact, 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.


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 and Michelle Obama 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 to do what he couldn't do on his own.


Vote accordingly.
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  • +3 Zee November 02, 2008 05:08:16
    Zee
    It is easy to spread the wealth when it is not coming out of your pockets. He thinks that tax payers should happily pay more so that he can look generous.
    How about if Obama gets elected we cut all elected officials pay by 75% so that they can spread the wealth too.
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  • +1
    Davra November 02, 2008 19:26:20 (edited)
    Davra
    A socialist will take your money and give you what he thinks you deserve and it it usually much more than what he will give you that he takes.
  • +1
    dico November 02, 2008 05:48:31
    dico
    Morning, socialist's NEVER give away thier own money.. now what's wrong with you?

    I hope the SOB rots
  • morning... dico November 02, 2008 05:49:58
    morning40oz~NeoRadical
    LOL I know, dico. They are only interested in redistributing OUR wealth...if you can call it that.
  • +1
    Phyl *In God i Trust* November 02, 2008 05:26:58 (edited)
    Phyl *In God i Trust*
    OBAMA'S wife and two kid's lived in a one bed room house til he got in Senate.? Why when they had money.huuummmm maybe it was the kick back's that he lie's about being a part of with his good friend's .He spent or people's money.The still have not got the new hospital where michelle worked and got that bigest raise .Do I smell a fat rat ? peoples money hospital michelle worked bigest raise smell fat rat vote McCain~Palin
  • +1
    morning... Phyl *I... November 02, 2008 05:29:14
    morning40oz~NeoRadical
    I've been smelling that fat rat for nearly two years!
  • +1
    Ken "Do... morning... November 02, 2008 05:45:59
    Ken "Don't tread on me!"
    Thanks, morning! I had seen those figures before and posted them along with Joe Biden's record of .15% (that's fifteen one-hundredths of a percent!) record of charitable gifts over the past ten years. As the saying goes, liberals are only generous with other people's money.
  • +1
    morning... Ken "Do... November 02, 2008 05:51:51
    morning40oz~NeoRadical
    I know you did. I thought you might appreciate the confirmation. Yes, yours was in response to Twobears comment that Republicans are so stingy. Of course your answer was by far more poignant and informative than mine.
  • +1
    Ken "Do... morning... November 02, 2008 06:31:07
    Ken "Don't tread on me!"
    Not really - you have a lot more info that I did, I had only three years of Obama. Surprisingly, Twobears hasn't responded yet - wonder why?
  • +1
    morning... Ken "Do... November 02, 2008 23:21:56
    morning40oz~NeoRadical
    I was referring to my response to Twobears which basically said that I thought his was a shifty, bullcrap statement. Let's just say I have more tenacity than patience. I'm thinking ol' Twobears didn't have a leg to stand on.
  • +3
    Zee November 02, 2008 05:08:16
    Zee
    It is easy to spread the wealth when it is not coming out of your pockets. He thinks that tax payers should happily pay more so that he can look generous.
    How about if Obama gets elected we cut all elected officials pay by 75% so that they can spread the wealth too.
  • +1
    morning... Zee November 02, 2008 05:26:08
    morning40oz~NeoRadical
    Sounds good to me, Zee!
  • +1
    Zee morning... November 02, 2008 05:52:43
    Zee
    unfortunately with the Democrats in charge of the whole government in DC they will probably vote to given themselves a raise, that will be the real spreading of tax payers wealth. Spread straight from the workers pay check to theirs.
  • morning... Zee November 02, 2008 05:58:23
    morning40oz~NeoRadical
    I have a feeling Zee that they just might catch what they are chasing. They seem to be wanting CHANGE so much. I have a feeling that the public may be on the verge of giving them some.
  • +1
    Zee morning... November 02, 2008 06:08:39
    Zee
    Ya and it would not be the change that they have in mind. Bigger more costly government is not what the people really want not even those screaming change.

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morning40oz~NeoRadical

morning40oz~NeoRadical

New Orleans, LA, US

June 30, 2008 08:21:24

Where there is an open mind, there will always be a frontier.

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