Obama and Biden release tax returns. Sheriff Joe makes $379,035 in 2011 and gives a whopping $5K to charity or 1.5%
President Obama and Vice President Biden released their tax returns today, ahead of Tax Day, which is on April 16 this year (since April 15 falls on a Sunday).
According to the White House, "Together, [the Bidens] reported adjusted gross income of $379,035. The Bidens paid $87,900 in total federal tax for 2011. They paid $13,843 in Delaware income tax and $3,614 in Virginia income tax. The Bidens contributed $5,540 to charity in 2011."
In other words, the Bidens donated less than 1.5 percent of their adjusted gross income to charity.
The president and his family were more charitable, giving nearly 22 percent of their adjusted gross income in 2011 to charitable causes.
According to the White House, "[Obama] and the First Lady filed their income tax returns jointly and reported adjusted gross income of $789,674. ... The President and First Lady also reported donating $172,130 – or about 22% of their adjusted gross income – to 39 different charities