Obama Gave the Church Less Than One-Half Percent of $18 Million Income Over 12 Years
Are you kidding me?
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The president stopped donating to Wright’s church completely in 2008 when controversy grew over whether Wright’s black liberation theology had affected the president. Prior to that, the Obamas gave a total of $53,770 to Wright’s church over a three-year period from 2005 to 2007. The largest contribution was for $26,270 in 2007.
Tax records show that the Obamas saw a dramatic increase in income when he began to run for the U.S. Senate in 2004 and that charitable giving directly tracks the President’s Senate and White House campaigns.
In 2000 when the president was an up-and-coming law professor and soon-to-be State Senator, he and his wife, Michelle, who was a hospital administrator, had a combined adjusted gross income of $240,505. Their charitable gifts of $2,350 equaled just under 1 percent of their income.
In 2005, his first full year in the U.S. Senate, the Obamas reported an AGI of $1.6 million, a significant increase from their prior year’s income of $207,647, which was their lowest income during the 12-year period. That same year their total charitable giving increased from 1.2 percent to 4.7 percent.
However, the vast majority of their income since 2005 has come from sales of their books. Obama’s salary during his term in the U.S. Senate was around $155,000 and he now makes $400,000 annually as President.
Although the Obamas’ top income of $5.5 million came in 2009, the first full year of his presidency, they only gave 5.9 percent of their income to charity with $450.00 going to two different churches.
In 2010, the Obamas’ income dropped substantially to $1.7 million, however they reported no contributions to churches, but gave 14 percent of their income to charity, including a $131,000 donation to Fisher House.
“his uncle” under da bus at drop of a hat! hahaha……… bunch a losers…..