Biden Releases Tax Returns
ABC News’ Matthew Jaffe: Democratic vice-presidential nominee Sen. Joe Biden, D-Del., Friday released ten years of tax returns in a stated effort to emphasize transparency in government and an unstated effort to prod his Republican counterpart Alaska Gov. Sarah Palin to follow suit.
"The last eight years have brought Americans’ faith in their government to its lowest point in over thirty years," Biden spokesman David Wade said in a statement. "The only answer is to change the way we do business in Washington. That starts with something as simple as transparency. That’s why Sen. Biden is releasing his tax returns for the last ten years."
On the campaign trail in the past two weeks, Biden has noted that he is the one of the less wealthy members of the Senate and his tax returns appear to back up that claim.
According to the filings, he and his wife, Dr. Jill Biden, reported a combined income of $248,754 in 2007, stemming mostly from his Senate pay and the salaries the couple earn from their teaching jobs. Sen. Biden teaches a Saturday morning class at Widener University Law School’s Wilmington campus, while Dr. Biden is an English professor at Delaware Technical & Community College.
The couple’s tax returns can be viewed by clicking HERE.
The Republican presidential campaign of Sen. John McCain, R-Ariz., and his running mate Palin, who has not released her tax returns, promised to release her filings at an unspecified date.
"We will of course release them but on our timetable," said a McCain staffer.
The GOP campaign urged Biden to show more transparency by releasing his Senate earmarks.
"If the Obama campaign is interested in posing standards of transparency then maybe Biden should release his earmarks during his time in the US Senate," the McCain staffer suggested.
Earlier this year, Democratic presidential nominee Sen. Barack Obama, D-Ill., released his personal income tax returns dating back to 2000. His running mate Biden’s returns were posted on the campaign website on a day when the Delaware lawmaker was originally scheduled to be fundraising in Texas but cancelled his trip at the last minute due to Hurricane Ike.
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And Palin will be following suit?
Lemmie guess McCain Campaign… ‘We’ll get back to you?’
Posted by: Deep Release | September 12, 2008, 1:52 pm 1:52 pm
You need to give the REAL info.
BIDEN wants to get rid of AMT for people earning his wage level – probably because he had to pay AMT.
BIDEN pays little taxes as a % of his salary.
What a disgrace and hypocrite. Wants AMT gone so he can pay less in taxes.
Posted by: JA | September 12, 2008, 1:52 pm 1:52 pm
New Poll is coming soon
Washington/Oregon will become a swing state. Lord Obama has to fight there too.
Posted by: adam | September 12, 2008, 1:57 pm 1:57 pm
We are still waiting for the McCains and Palins to release theirs.
None of the Democrats had to be asked including Hillary Clinton.
We understand that some interesting property has been discovered that the Palins have been hiding in their chum’s company.
Posted by: susan | September 12, 2008, 2:02 pm 2:02 pm
JA – and what do you pay? Did Biden and his wife pay the amount they were required to pay under our tax laws?
Posted by: sunny in tulsa | September 12, 2008, 2:04 pm 2:04 pm
Bush appointed Republican Minerals Management Service employees frequently consumed alcohol at industry functions, had used cocaine and marijuana, and had sexual relationships with oil and natural gas company representatives.
The MMS scandal gives new Meaning to the GOP mantra “Drill Baby Drill.”
Posted by: God Particle | September 12, 2008, 2:10 pm 2:10 pm
if she was a throughly vetted as claimed, releasing her taxes would not be an issue. If they want all the earmarks released, then lets get hers as well. those are already part of the public record so not so much a release as look them up.
Posted by: Danny | September 12, 2008, 2:21 pm 2:21 pm
I don’t need to see anybody’s tax returns. I trust they are legit or they’d be in trouble with the IRS. This seems to be a distraction tactic of the Obama people to stray from the real issues–such as, how is America going to be SAFE with Obama unloading our defense weapons in a dangerous world?
Posted by: Who cares about their taxable income-Keep America safe with McCain | September 12, 2008, 2:23 pm 2:23 pm
It appears that Palin is in way over her head with Troopergate, Affairs, Corruption
Taking money from Big Oil and on and on
It will all come out soon
Posted by: God Particle | September 12, 2008, 2:25 pm 2:25 pm
I’m deeply concerned about Palin’s desire to ban books and then trying to fire the librarian who disagreed with her. The President should get to tell me what I can read and what I can’t. Will she be outlawing the Koran?
Posted by: Louis | September 12, 2008, 2:31 pm 2:31 pm
ETHICAL QUESTIONS: Bloomberg: “Palin’s office approved a state job for a friend and campaign aide with whom she shared a land investment, financial records and interviews over the past two weeks show. She hired a former lobbyist for a pipeline company to help oversee a multibillion-dollar deal with that same company. She named a police chief accused of harassment to head the state police. And she sent campaign e-mails on her city hall account while serving as mayor of Wasilla — conduct for which she later turned in an oil commissioner on ethics charges.
“These incidents raise ‘some serious questions about her judgment and serious questions about her standards of ethics in public service,’’ said James Thurber, director of American University’s Center for Congressional and Presidential Studies in Washington. Suggesting a real estate investment partner for a job ‘may be acceptable in Alaska; it would not be acceptable in Washington, D.C., a place whose norms she wants to
Posted by: truth | September 12, 2008, 2:34 pm 2:34 pm
Under $1000 to charity…0.0031% of his AGI!
Not even any Katrina-related donations in 2005!
Probably didn’t even shell out $5 after The Messiah sent out his Gustav text message.
Posted by: Steve | September 12, 2008, 2:43 pm 2:43 pm
Of course the Mavericks, “The Mavericks for Change” will release theirs. Can’t understand why Johnny hasn’t released his yet. And what is this, on their time table. This ain’t about them, it’s about the people of America and when we want something they should be willing and wanting to oblige. It they don’t we can see what they will do in the “White House”, that’s why it can’t never come to that!
Posted by: SD | September 12, 2008, 2:48 pm 2:48 pm
McSame voted with Bush 91% of the Time… NO CHANGE THERE!
McSame employs 134 Lobyests on his campaing…. NO CHANGE THERE!
McSame has the soon to be indicted Carl Rove working for him …. NO CHANGE THERE!
Posted by: God Particle | September 12, 2008, 2:52 pm 2:52 pm
“There is an epidemic of Republicans molesting children … and they have the audacity to lie about kindergarten sex ed. Posted by: God Particle” ***** Wow, I am speechless at your comment. anyone who harms children should be punished to the max, I agree. But to make this comment is reckless and unfair. Lemme guess, b/c they’re priests? Could I replace “republicans” w/”democrats” b/c most were male molesting boys? sounds silly doesn’t it? I comptemplated responding back w/something so rude and gross, but your comment shouldn’t be easily dismissed.
Posted by: Kim | September 12, 2008, 2:53 pm 2:53 pm
There were more Republican Officials indicted under bush than any other administration by over 10 times…. Hypocracy and corruption run wild.
McSame & Book Banning Caribou Barbie offers much of the same policies and people
Posted by: God Particle | September 12, 2008, 2:54 pm 2:54 pm
Goodness, where’s all the fairness in these comments. Sarah and her social views this and that, that and this… you should do more research. Too tired to explain.
Posted by: Aurora | September 12, 2008, 2:55 pm 2:55 pm
Steve, you might want to save your cheap shot critism of donations to charity until after Ms. Palin and her husband have released their tax returns. As candidates for public office they will be required to do so. Living in the part of the country the Bidens live in has a high cost of living base and $250,000.00 is not a lot of money. They are not considered wealthy by any means in that part of the US.
Posted by: sunny in tulsa | September 12, 2008, 2:56 pm 2:56 pm
Back off God Particle. Make your points in an respectful and intelligent manner. You are quickly loosing credibality with your ranting.
Posted by: sunny in tulsa | September 12, 2008, 3:02 pm 3:02 pm
Let me guess, GOP and backers, “Leave her alone, stop pressuring her to release her tax forms. This is so sexist, the media would never ask this of Obama’s cousin, wanh wanh wanh”
Republican campaign is A joke…open your eyes folks
Posted by: Dem-4-Life | September 12, 2008, 3:02 pm 3:02 pm
SARAH PALIN’S OWN WORDS: As for that VP talk all the time, I’ll tell you, I still can’t answer that question until somebody answers for me what is it exactly that the VP does every day?
Posted by: God Particle | September 12, 2008, 3:03 pm 3:03 pm
McCain’s Own Words:
“I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated.”
Posted by: God Particle | September 12, 2008, 3:04 pm 3:04 pm
Why is it the Warren Buffet and Bill Gates support Obama hands down… because they understand economics and know that McCain is more of the same trouble as Bush’s last 8 years
Obama-Biden -08
Posted by: God Particle | September 12, 2008, 3:08 pm 3:08 pm
$320,000 in income in 2007. Less than $1,000 to charity…
Thanks Joe!
Posted by: TexasLouie | September 12, 2008, 3:34 pm 3:34 pm
GEEEZZZZ godparticle..you got WAY too much time on your hands…CITE YOUR SOURCES IF YOU WANT TO BE TAKEN SERIOUSLY OTHERWISE YOUR JUST VOMITING LIBERAL FANTASIES AND LIES…….LOL
Posted by: curious indep | September 12, 2008, 3:48 pm 3:48 pm
God Particle posted Sep 12, 2008 3:08:28 PM
“Palin thinks dinos were here 4,000 years ago with people”
Hey, you might want to check http://unbearablebobness.typepad.com/my_weblog/2008/08/governor-sarah-palin-quotes.html
Some people believe everything they read, as long it is what they want to believe. I think you have just proven that Barnum was right.
Posted by: nohype | September 12, 2008, 3:52 pm 3:52 pm
Biden paid roughly 21% of his gross income in taxes. Sounds good to me. I don’t care what he donates to charity, its friggin’ charity. He doesn’t take a perdiem to live in his own damn house, unlike another VP candidate.
Posted by: Jason | September 12, 2008, 3:59 pm 3:59 pm
When is Biden going to release his resignation letter.
Babycakes has been begging for Hillary to please be VP.
He and Bill started the vetting process…they worked it out.
I hope Hillary says no!
Posted by: HP Boston | September 12, 2008, 4:13 pm 4:13 pm
This is exactly why I hate dispise both Rebublicans and Democrats! George Washington warned the American people about the detructive nature of political parties in his farewell address and YOU ALL are proof positive that he was correct.
Posted by: max | September 12, 2008, 4:16 pm 4:16 pm
http://www.womenagainstsarahpalin.blogspot.com
Posted by: Donna Hughes | September 12, 2008, 5:31 pm 5:31 pm
Republican Party to American Citizens:
YOU LOSE YOUR HOUSE,
YOU LOSE YOUR RIGHT TO VOTE
========================================
The chairman of the Republican Party in Macomb County Michigan, a key swing county in a key swing state, is planning to use a list of foreclosed homes to block people from voting in the upcoming election as part of the state GOP’s effort to challenge some voters on Election Day.
“We will have a list of foreclosed homes and will make sure people aren’t voting from those addresses,” party chairman James Carabelli told Michigan Messenger in a telephone interview earlier this week. He said the local party wanted to make sure that proper electoral procedures were followed.
=======================================
Now here’s the most outrageous aspect of this attempt on the part of the Republican Party to disenfranchise voters.
The GOP, THE VERY PARTY that did nothing to prevent the current housing crisis, that is doing nothing to help people affected by it, is going to use foreclosure lists in order to keep people from voting them out of office!
=====================================
THERE’S MORE:
In Ohio, Doug Preisse, director of elections in Franklin County, around Columbus, the chair of the local GOP, told The Columbus Dispatch that he
“has not ruled out challenging voters before the election due to foreclosure-related address issues.”
=====================================
The original article can be found at the “Michigan Messenger” – an Independent, non-partisan Michigan Newspaper.
http://www.michiganmessenger.com/4076/lose-your-house-lose-your-vote
Posted by: niccolo m@cchiavelli | September 12, 2008, 5:55 pm 5:55 pm
I hope Biden will show his law degree that he bribed out of Syracuse University thanks to daddy’s money.
LOL..what a putz
Posted by: MLBS | September 12, 2008, 6:33 pm 6:33 pm
Maybe first dude can bring copies of their returns when he shows up to testify at the troopergate hearings…next February.
Does anyone know if there are posted odds anywhere yet as to the Palins running out the clock on this stuff?
Posted by: ToastOnDayOne | September 12, 2008, 7:52 pm 7:52 pm
I hope Biden will show his law degree that he bribed out of Syracuse University thanks to daddy’s money.
—————————————
Bidens dad had money the way Palin has intellect.
Posted by: Leonard Peltier | September 12, 2008, 9:58 pm 9:58 pm
Not even any Katrina-related donations in 2005!
Don’t worry he, just like all Democrats, sent government money. I doubt he gave anything to charity, his tax preparer just took the deductions.
Posted by: Waggdogg | September 12, 2008, 11:16 pm 11:16 pm
While I am not surprised to see the Obamabots try to change the subject from the questionable activity of Old Joe Biden, we all need to know more about the 3rd most liberal, left-wing Senator from Delaware:
“A son of Democratic vice presidential candidate Joe Biden was paid an undisclosed amount of money as a consultant by MBNA, the largest employer in Delaware, during the years the senator supported legislation that was promoted by the credit card industry and opposed by consumer groups.
Barack Obama’s presidential campaign said Biden helped forge a bipartisan compromise on the measure, which is now law and makes it harder for consumers to obtain bankruptcy protection in the courts.
MBNA’s consulting payments to Hunter Biden, first reported by The New York Times, followed his departure in 2001 from the company, where he had been an executive.
Obama opposed the bankruptcy law, enacted in 2005, while Biden supported it.
David Wade, a spokesman for the Obama campaign, said that ‘after working in the Clinton administration in the Department of Commerce on Internet privacy and online commerce issues, Hunter consulted for five years as an expert on these very same issues at a time of enormous expansion in online banking.’
At the time Hunter Biden was receiving consulting payments from MBNA, he also was a Washington lobbyist at a firm he had co-founded.
‘He was not a lobbyist for MBNA, and his work had absolutely nothing to do with the bankruptcy bill. Zero. Nothing,’ said Wade.
Resurrecting Biden’s role in the bankruptcy legislation could undercut one of the Obama campaign’s lines of attack: That his Republican opponent, John McCain, is insensitive to the financial woes of middle-class Americans.
Consumer and civil rights groups and unions, as well as Democratic opponents, had argued that the bankruptcy legislation was unfair to low-income working people, single mothers, minorities and the elderly, and would remove a safety net for those who have lost their jobs or face mounting medical bills.
The financial services industry made the case that bankruptcy frequently is a refuge of gamblers, impulsive shoppers, divorced or separated fathers avoiding child support, and multimillionaires who buy mansions in states with liberal exemptions to shelter assets from creditors.
When the Senate Judiciary Committee approved the bill early in 2005, Biden, Dianne Feinstein of California and Herb Kohl of Wisconsin were the only Democrats to vote with the Republican majority. Biden also voted for the bill on final passage in the Senate, while Obama voted against it.
MBNA employees have poured more than $200,000 into Biden’s Senate campaigns over the past two decades, making donors working for the credit card company the senator’s largest source of campaign money.
In a separate matter in which Hunter Biden’s lobbying activities were referenced, he and Biden’s brother Jim have been sued for allegedly defrauding an ex-business partner.
In the lawsuit filed last year in state court in New York, Anthony Lotito says that he got a call from Jim Biden in early 2006 saying that Sen. Biden was concerned with the impact that Hunter’s lobbying activities might have on the senator’s expected campaign for the 2008 Democratic presidential nomination.
According to the lawsuit, Jim Biden said his brother had asked him to seek Lotito’s assistance in finding employment for Hunter in a non-lobbying capacity.
The lawsuit says that Lotito later was cut out of a business arrangement with Jim and Hunter Biden to purchase a Wall Street hedge fund. (AP)”
Posted by: Jayhawk | September 12, 2008, 11:27 pm 11:27 pm
Old Joe Biden’s tax returns?
How about a little more info on his mansion and estate:
Joe Biden likes to say he is the embodiment of the American dream — a middle-class kid who became one of the U.S. Senate’s most-respected members and, now, the Democratic nominee for vice president.
Though he’s considered one of the least wealthy senators — his net worth dwarfed by several multimillionaire attorneys and entrepreneurs — Biden is a wealthy man by ordinary standards — worth about $2 million but perhaps hundreds of thousand dollars more, a News Journal analysis found.
Like many Americans, Biden’s house is his most valuable asset.
First elected to the Senate 36 years ago, the former lawyer lives off Barley Mill Road in Greenville — northern Delaware’s priciest area — on a four-acre lakefront estate in a 7,000-square-foot custom home. Biden also owns a smaller carriage house on his property, where his widowed mother lives.
Local real estate agents said the Biden property is worth at least $2.5 million — $1.8 million more than the couple owes. In addition, his latest Senate financial disclosure — which lists assets and liabilities in wide ranges — shows that Biden’s net worth, excluding real estate holdings and mortgage debt, is between $381,000 and minus $55,000.
Biden and his wife, Jill, an English instructor at Delaware Technical & Community College, have combined salaries of $265,500 this year. Between 2005 and 2007, Biden also received a total of $225,000 in advances for his autobiography, “Promises to Keep.”
While their earnings probably would not be enough to purchase their Greenville estate today, the Bidens have managed to live in such splendor partly because of two financially rewarding real estate deals with political supporters.
In 1996, Biden sold a home in Greenville for the asking price of $1.2 million — more than six times what he paid two decades earlier — to John R. Cochran III, a top executive at the MBNA credit card bank that was a longtime political benefactor.
Using profits from that sale, Biden paid $350,000 cash to real estate executive and developer Keith D. Stoltz for 4.2 vacant acres — a long, narrow lot a few miles from Biden’s old home. Stoltz had bought that same lot five years earlier for the same price.
Stephen Pyle, who sold the land to Stoltz in 1991, said he was surprised that Stoltz, who lived on a neighboring estate, did not make any profit selling to Biden. “That doesn’t sound like Keith Stoltz,” Pyle, an artist who now lives in Texas, said of Stoltz, whose company recently proposed a $525 million project at nearby Barley Mill Plaza, a former DuPont Co. office campus.
Posted by: Jayhawk | September 12, 2008, 11:38 pm 11:38 pm
And, perhaps with all the Obama generated flap about the “Bridge to Nowhere,” we should learn a little more about Obama’s and Biden’s connection to the earmarks that would have paid for the bridge:
Before Team Obama continues its attacks on Sarah Palin for at one point voicing some general support for the Bridge to Nowhere, the presidential hopeful has some explaining to do.
Let the record show that Barack Obama himself voted for the bridge at least twice, as did his running mate Joe Biden.
If Team Obama is to continue to point out that Palin was for the bridge before she was against it, they either must explain why Obama and Biden never denounced the project or, on the other hand, describe why they were in error for supporting it.
At the moment the Obama campaign is playing a dangerous game of gotcha, since the record shows both Obama and Biden to be solidly behind the most visible symbol of wasteful spending in Washington.
The earmark for the Bridge to Nowhere originally appeared in the now-infamous highway bill of 2005.
That bill included $24 billion in pork-barrel earmarks and will end up costing taxpayers a reckless $286.5 billion over six years.
It passed on a 91-4 vote in the U.S. Senate on July 29, 2005, with Sen. John McCain standing in opposition along with three other lonely voices for fiscal responsibility.
Senators Barack Obama and Joe Biden both voted for the bill and its bridge of ill repute.
The Senate got another chance to stop the bridge on October 20, 2005, when it voted on an amendment offered by Oklahoma Sen. Tom Coburn that would have redirected the funds from the bridge to New Orleans for Hurricane Katrina relief.
By then the grassroots outrage against the bridge was beginning to take hold and there was a good amount of pressure on the Senate to adopt the amendment.
About a month later the Senate Appropriations Committee removed the earmarking language for the bridge from that year’s transportation appropriations bill, in effect leaving funding for the bridge intact but allowing the state of Alaska to decide whether or not to proceed with the project.
In an amendment sponsored by Rep. Mark Kirk of Illinois, the House passed strong language on June 7, 2006, that actually prohibited federal funds from being used on the bridge.
The Senate, however, never took up the matter, and the ball was passed to Alaska.
Frank Murkowski, the governor of Alaska at that time, was clear about his intentions.
He said through a spokesperson, “We don’t know what the next governor is going to do, but we believe it’s appropriate to move forward on the project.
It’s something we’ve been trying to get moved forward for the last four years.”
Murkowski’s last budget included a $91 million down-payment on the bridge, the most available to him under state-federal funding formulas.
This set the planning process in motion for the bridge and appeared to lock future Gov. Sarah Palin (who upended Murkowski in the Republican primary) into building the bridge.
A New York Times article on March 6, 2007, titled “Alaskan Bridge Projects Resist Earmarks Purge,” bemoaned the fact that the bridge would still likely be built because of Alaska pork-barrel politics.
The Times apparently assumed that Palin would buckle under pressure from Sen. Stevens, just as Obama, Biden, and most of the U.S. Senate had done.
The Times authors must have been surprised when Palin stood up to Stevens and pulled the plug on the bridge on September 20, 2007.
So the facts are plain. When it mattered, Gov. Palin stood up to Sen. Stevens and dealt the Bridge to Nowhere its death blow.
This is something the U.S. Congress and senators Obama and Biden failed to do on multiple occasions.
And while it’s true that John McCain, unlike his running mate, has always opposed pork-barrel earmarks, Sarah Palin, unlike Obama and Biden, did the right thing when it counted most and stopped an egregious example of earmark abuse.
And now, of course, Palin has joined McCain in calling for an end to earmarks.
Isn’t it better to come around to the right position than to keep on being wrong?
Anybody But Obama…
Posted by: Jayhawk | September 12, 2008, 11:49 pm 11:49 pm
TWO GOOD REASONS OBAMA AND JOE BIDEN SHOULD NOT BE ELECTED:
1. BARACK OBAMA IS A CONSTITUTIONAL SCHOLAR. HE KNOWS MORE ABOUT THE CONSTITUTION THAN ANY CANDIDATE FOR PRESIDENT THIS YEAR AND MORE THAN ANY PRESIDENT SHOULD EVER KNOW!
2. JOE BIDEN IS POOR. THERE IS NO WAY WE CAN RUN A FUNCTIONING GOVERNMENT WITH SOMEBODY OTHER THAN A FILTHY RICH MAN WHO AT LEAST OWNS MORE THAN ONE HOUSE!
THIS MESSAGE WAS PAID FOR BY BY THE LEAGUE-OF-RICH-WHITE-WARMONGERING-DRILL-BABY-DRILL-IDIOT-COMMITTEE!
Posted by: Levar | September 13, 2008, 1:03 am 1:03 am
TWO GOOD REASONS OBAMA AND JOE BIDEN SHOULD NOT BE ELECTED:
1. BARACK OBAMA IS A CONSTITUTIONAL SCHOLAR. HE KNOWS MORE ABOUT THE CONSTITUTION THAN ANY CANDIDATE FOR PRESIDENT THIS YEAR AND MORE THAN ANY PRESIDENT SHOULD EVER KNOW!
2. JOE BIDEN IS POOR. THERE IS NO WAY WE CAN RUN A FUNCTIONING GOVERNMENT WITH SOMEBODY OTHER THAN A FILTHY RICH MAN WHO AT LEAST OWNS MORE THAN ONE HOUSE!
THIS MESSAGE WAS PAID FOR BY BY THE LEAGUE-OF-RICH-WHITE-WARMONGERING-DRILL-BABY-DRILL-IDIOT-COMMITTEE!
Posted by: Levar | September 13, 2008, 1:04 am 1:04 am
Unfortunately, a good man will have to sink with the boat of His Nothingness, because Biden is too heavy for it.
Posted by: d0 | September 13, 2008, 5:10 am 5:10 am
What’s in Gov. Palin’s tax returns? Did she report her and her family’s travel allowances correctly?
Posted by: dauphin101 | September 13, 2008, 4:19 pm 4:19 pm
We have a saying for guys like Senator Joe Biden in Texas “All hat no cattle”. Senator Biden tax returns tell me that probably spends more than he makes. The clue is No dividends, capital gains and very little interest income on his tax returns for 10 years. All his money is going to servicing his debt on his house which looks to be a variable rate or the Senator has a HELOC that he is tapping looking at the interest paid:
• 1998 $52,065
• 1999 $35,875
• 2000 $38,123
• 2001 $38,753
• 2002 $37,373
• 2003 $39,790
• 2004 $32,036
• 2005 $35,629
• 2006 $38,724
• 2007 $38,712
Most home loans the interest goes down the following year because you owe less were the Senator’s jumps all around with some pretty big swings. Senator Joe Biden sucks with his own money why would you want to vote for him as VP. Senator Obama’s tax returns also show someone that isn’t very good with his own money ie lots money being spent on house and very little in savings. Senator Obama’s tax returns also show very little dividends, capital gains and interest income on his tax returns for 10 years for the amount of money he and his wife made
We have a saying for guys like Senator Joe Biden in Texas “All hat no cattle”. Senator Biden tax returns tell me that probably spends more than he makes. The clue is No dividends, capital gains and very little interest income on his tax returns for 10 years. All his money is going to servicing his debt on his house which looks to be a variable rate or the Senator has a HELOC that he is tapping looking at the interest paid:
• 1998 $52,065
• 1999 $35,875
• 2000 $38,123
• 2001 $38,753
• 2002 $37,373
• 2003 $39,790
• 2004 $32,036
• 2005 $35,629
• 2006 $38,724
• 2007 $38,712
Most home loans the interest goes down the following year because you owe less were the Senator’s jumps all around with some pretty big swings. Senator Joe Biden sucks with his own money why would you want to vote for him as VP. Senator Obama’s tax returns also show someone that isn’t very good with his own money ie lots money being spent on house and very little in savings. Senator Obama’s tax returns also show very little dividends, capital gains and interest income on his tax returns for 10 years for the amount of money he and his wife made
Posted by: TXAggie93 | September 13, 2008, 9:00 pm 9:00 pm
obama and biden have both released tax returns back to year 2000. palin will release hers “on our time table.” the mccain camp says if biden wants transparency he will “release his earmarks in his time in the senate.” aren’t these public record? is the mccain team too lazy to look it up and report it for us or are they just addicted to the power of innuendo? if you don’t believe this is just an execrable, dishonest diversion, then i’ve got a bridge to nowhere to sell you.
Posted by: peter | September 14, 2008, 2:18 am 2:18 am
In the past 10 years the good Senator gave as much as 0.31% of his AGI to charity… that’s zero point three-one percent or 3 cents every ten dollars.
According to the IRS the ave giving for persons in his tax bracket is ten times that amount at around 3%.
It’s easy spending other peoples taxes dollars for worthy causes isn’t it.
Posted by: diamond lou | September 14, 2008, 3:39 am 3:39 am
How much money did YOU give to your Mother, sister or neighbor in need, DIAMOND LOU, much less to a Charity?
Charitable people usually DON’T give to Charities as they give everyday without counting the cost.
I am pretty sure the Bidens have given out of pocket contributions to so many individuals that it would be hard to summarize.
I myself have never given to a CHARITY, but there are children I have sent to school, old people I have fed, bus fares produced, gas money given, contributions made to my fellow man without adding it all up. That is my duty and I am happy to do it. I don’t need YOUR approval, and I don’t need a tax rebate.
Posted by: Fiona | September 15, 2008, 5:22 am 5:22 am
Sorry Fiona but even gifts to the church are tax deductible. Face it, the party that’s all about giving to the poor…doesn’t currently give to ANYONE (out of the goodness of their heart), while the ones they claim are cold seem to give to everyone, McCain giving 3x tithe for heaven’s sake (guess he’s making up for his Democratic counterparts – lol).
2007 was a 15% year for my wife and I, 2008 we’ve been hit pretty hard by companies closing, job loss, and medical bills, so I’ve only been able to contribute about 5%, but apparently that still bests Biden, and ties me with Obama…PATHETIC.
Guess their rule is, “if you force people to give, then it’s charity and good, but if it’s out of the goodness of your heart, then you really shouldn’t have to”.
Posted by: Shawn | September 29, 2008, 12:13 pm 12:13 pm