A Comparison the Left Wing Media Won't Make
Dick Cheney gave orders-of-magnitude more to charity than Barack Obama did:
It's far easier to give away other people's money than your own, huh, Barry?
The Obamas got rich in 2005. Their income increased sevenfold from 2004 to 2005, mostly because of Mr. Obama’s book royalties, and stayed very high in 2006 for the same reason. In 2006, another wealthy political couple with significant book royalties was Mr. and Mrs. Cheney, who had a combined income of $8.8 million, largely due to Mrs. Cheney’s books and the couple’s investment income. Just how much did the Cheneys give to charity from their bonanza? A measly 78 percent of their income, or $6.9 million. (No, that is not a misprint.)
This last fact does not generally square with the well-cultivated liberal trope of the blackhearted Cheneys. Unless, that is, you believe that private charity is not an important value that defines one’s character, compared with government taxation and welfare spending (which Mr. Cheney generally opposes, despite the profligate ways of the Bush White House).
In 1996, the General Social Survey asked a large sample of Americans whether they agreed that, “The government has a responsibility to reduce income inequality.” Those who “disagreed strongly” with this statement gave an amazing twelve times more money to charity per year, on average, than those who “agreed strongly.” People disagreeing strongly also gave nine times more to secular causes than those agreeing strongly, and even gave more to traditionally progressive causes, such as the environment and the arts.
It's far easier to give away other people's money than your own, huh, Barry?
Labels: Politics
1 Comments:
I've read a bit on this and the liberal sentiment seems to be that Obama gave out of charity (hence his low percentage) and Chaney gave because for some kind of tax shelter.
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