Seeing through Obamanomics – The Boston Globe.
Taxation is not generosity, it is confiscation at gunpoint. Does Obama not understand the difference?
Perhaps he doesn’t. Eager though he may be to compel “neighborliness” in others, he has not been nearly so avid about demonstrating it himself. Barack and Michelle Obama’s tax returns show that from 2000 through 2004, when their adjusted gross income averaged nearly a quarter of a million dollars a year, their annual charitable donations amounted to just $2,154 – less than nine-tenths of 1 percent. Not until he entered the US Senate in 2005 and began to be spoken of as a presidential possibility did the Obamas’ “neighborliness” become more evident. (In 2005-2007, they gave 5.5 percent of their income to charity.)
Looks like another typical Democratic Presidential candidate, following in the great philanthropists Al Gore and John Kerry. They want to raise taxes on the “rich” yet they don’t walk the talk.
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