When it comes to charity, President Biden and Vice President Harris have fallen short compared to their fellow Americans, a review of their tax returns shows.
President and First Lady Jill Biden declared income of $610,702 for 2021 and paid $183,925 in federal and state income taxes. The couple donated $17,394 to charity, or about 2.8%. That’s about 0.3% less than the average charitable deduction for Americans earning between $500,000 and $2 million, according to 2016 data from the nonpartisan Tax Policy Center.
In Harris’ case, the disparity was worse. The vice president and her husband, Second Gentleman Doug Emhoff, earned $1,655,563 in 2021 and paid $523,371 in federal income tax. The couple donated $22,100 – or 1.3% – to charity. This figure is considerably lower than the average 3.1% given by those earning between $500,000 and $2 million.
The donation disparity between the Biden and Harris families was first reported by Fox News. Data from the Tax Policy Center showed that the poorest Americans were by far the most generous, with those earning less than $50,000 and itemizing charitable deductions giving 8.4%.
Biden’s largest charitable donation in 2021 was a $5,000 donation to the Beau Biden Foundation, named for his son who died of cancer in 2015. The Bidens were considerably more generous in 2020, donating $30,704 of their income to charity, or about 5%. .
The Beau Biden Foundation is officially dedicated to protecting children from abuse, but unofficially has long served as a clearinghouse for Biden cronies to collect big paychecks.
The organization’s executive director, Patricia Dailey Lewis, served as Delaware’s deputy attorney general while Beau Biden was AG. She pocketed $150,660 in 2020, including a bonus of $3,500, records show. Joshua Alcorn, another longtime Biden political consultant, earned $131,437 as chief operating officer, though he has since stepped down. Council members included President Biden’s troubled son, Hunter, as well as Beau’s widow, Hallie Biden.
The charity has only spent 58% of its raised funds on its stated mission – well below top-rated philanthropic organisations, industry experts have said.
“A 58% program ratio does not reflect a high level of financial efficiency,” Laurie Styron, executive director of CharityWatch, told The Post.
New York Post