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Bush more charitable than Obama

Through a Conservative Prism

Published: Thursday, January 13, 2011

Updated: Wednesday, January 19, 2011 19:01

Lynch

The Maroon

Patrick Lynch

Tax Chart

Patrick Lynch

Obama/Biden

Bush Tax Chart

Patrick Lynch

Bush

Cheney Tax

Patrick Lynch

Cheney

The liberals, including the current president and vice president, historically and continually talk about championing the cause of the poor. Additionally, as part of the liberals' efforts to exacerbate class conflict, which is polarizing the country, they paint the conservatives as exploiting the poor. In fact, Biden made the comment that it was patriotic for the wealthy to pay more taxes.

Well, critical thinking demands that we place these sound bites under the microscope. So, let's see who actually "puts his money where his mouth is" by comparing Barack Obama's and Joe Biden's tax returns with George Bush's and Dick Cheney's tax returns with particular focus on charitable donations.

The reader may recall from their own tax preparation efforts that charitable contributions include contributions to one's church. Since Bush left office on Jan. 19, 2009 and the filing date for his 2008 tax return was April 15, 2009, White House officials didn't release his 2008 tax return. So, I am using Bush's tax returns for the years 2005-2007 to contrast with Obama's and Biden's 2008 and 2009 returns.

The final chart reflects Cheney's tax returns for the tax years 2005-2007. Since he didn't release the schedule A returns, which enumerate the itemized deductions, I couldn't determine his charitable contributions for these years. However, in conducting my research, I discovered the April 11, 2008 Chicago Sun-Times article, "Vice President and Lynne Cheney 2008 income taxes" by Lynn Sweet. In the article, Sweet states that "the Cheneys donated $166,547 to charity in 2007. This brings the Cheneys' total charitable contributions during his Vice Presidency to $7,966,566."

As the reader will discern, Obama and Biden gave to charities, including their church, significantly less than 10 percent of their adjusted gross income. Bush contributed no less than 10 percent and as much as 17.93 percent of his adjusted gross income during the years examined. Furthermore, Cheney gave nearly eight million dollars to charities. I shall let the reader decide who truly is a "man for others." It is easy to champion the "poor" or any other cause when one does it with someone else's money—the taxpayers' money.

As an aside, I searched unsuccessfully for copies of tax returns for Nancy Pelosi, Harry Reid, and Chuck Schumer. I also called their offices in Washington, D.C. requesting copies of their tax returns for the past five years. However, their aides informed me that it is policy that these congressional representatives and senators only respond to their constituents. Since I am a resident of Louisiana, I fall outside of that category.

To say that I am appalled would be an understatement, as all congressional leaders make decisions that affect all U.S. citizens, not just those in their home state.

From these interactions and my inability to locate the aforementioned tax returns, it appears that they haven't made their returns public. Now the critical thinking that the Brothers of Scared Heart taught me at St. Aloysius High School makes me wonder what these "champions of the downtrodden" are hiding. I seem to recall Dr. Phil saying, "If you have nothing to hide, you hide nothing."

Patrick Lynch is an associate professor of accounting. He can be reached at pmlynch@loyno.edu

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5 comments

Alumnus '54
Sat Sep 8 2012 11:11
The adjusted gross income on the joint return of myself and my wife has never been over $85 k. During my working years it was never over $60k. I live in the same $125K home($40k when purchased) in which we raised our five kids.. The mortgage is paid off. My wife drives a six-year old mid-priced Ford Sedan. I drive a six-year-old Ford F-150 pickup. I have been retired for about 20. Our income from Social Security and a very small pension owned by my wife is more than matched by mandatory withdrawals from IRAs. No government agency and no political donor pays our expenses. Yet consistently we have contributed a larger percentage of our income to charities than either our President or Vice-President. You disposable income argument just doesn't wash. Neither Obama nor Biden are poor people. Many similar studies have been done elsewhere.. The truth is that liberal Democrats' concern for the poor is a concern for their votes. They don't help them with their own money.
Anonymous
Sun Sep 2 2012 10:16
to Alumni '10...when middle-class folks are contributing 5-7% towards charity, you'll need a much better excuse for defending tight-wads like, Biden, Gore, Kerry, Kennedy and Obama who have a tought time breaking the 1% barrier...
Anonymous
Fri Jan 14 2011 21:03
The Maroon did not publish my entire article. I would be happy to email it to you if you would supply your email address. Additonally, I would be happy to discuss any aspect of it with you after you have read it in its entirety.
PM Lynch
Anonymous
Fri Jan 14 2011 18:25
Aww snap.
Alumni '10
Fri Jan 14 2011 08:57
Ah, Dr. Lynch, this one is too easy. What's the net worth of these individuals? Since you appear so keen on doing research, this one should be easy for you.

As a accountant, you know quite well that it is possible to donate a larger percentage of one's yearly income when there is more disposable income to be had. Bush appears to be worth well over double compared to Obama, and the Biden-Cheney comparison is laughable.

There's much more to this story. It's a shame, because an actually well-researched and fairly presented argument would've been interesting.





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