Is Bernie Sanders a millionaire hoarding grinch?
That’s what many are wondering after a new report shows the measly amount of his income he has donated to charity.
Of course, the feel-good, inevitably government-expanding presidential contender should probably have been more hesitant to release his returns because it doesn’t take much sleuthing to figure out from them that the O’Rourkes made $370,412 in 2017 while giving a measly $1,166 of that income to charity.
As The Post noted, this makes Beto’s charitable giving less than one-third of 1 percent of his household income.
Bernie appeared on a Fox News town hall, where he attempted to explain why he donates so little to charity.
Watch the video:
Vermont Sen. and 2020 presidential candidate Bernie Sanders’s charitable contributions fell far under the average for his income bracket the first year he reported earning more than $1 million.
Sanders released 10 years of tax returns Monday, revealing that he earned an average of $280,975 per year from 2009 through 2015, and that his income skyrocketed to $1,062,626 in 2016 due to sales of his best-selling book, “Our Revolution.”
Sanders reported $10,600 in charitable contributions in 2016, making up slightly less than one percent of his reported income and falling under the $21,365 average charitable contribution for Americans who earned $250,000 or more that year, according to the latest available IRS data.
The following year, Sanders donated $36,300 of his adjusted gross income of $1,131,925 to charity.
|Year||Adjusted Gross Income||Charitable Gifts||Percent to Charity|
From 2009 through 2015, when Sanders was earning on average $280,975 per year, he contributed 2.06 percent to charity.
His charitable giving rose slightly to 2.39 percent of his income from 2016 through 2018, when his average income soared to $918,615 per year.
“My wife and I do give money to charity, and we’re proud to do what we did,” Sanders said at a Fox News town hall Monday.