How much does Romney and Obama give generously

In 2011, the Romneys donated about 29% of their income to charity – $4 million out of their total $13.7 million in income. For 2010,  they donated about 13.8% of their income, $2.98 million out of $21.6 million. Over a 20-year period, the Romneys gave to charity an average of 13.45% of their adjusted gross income, according to an accountants’ letter they provided on Friday.

The information released by the Romney camp Friday also made a point of noting that in combination the Romneys have paid close to 40% on average of their adjusted gross income to various taxes and charities. By any measure, that’s a big number.

Mr. Obama and wife Michelle gave $172,130, or roughly 21.8% of their income, to charity in 2011, and about 14.2% in 2010. That was up from 5.9% in 2009. The Obamas gave between 4.7% and 6.5% of their income to charity between 2005 and 2008. The Obamas’ income shrank in 2011, to about $790,000, compared to earlier years, helping to boost their percentage.

via Romney’s Taxes: A Window Into Charitable Giving – Washington Wire – WSJ.


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