Friday, September 12, 2008

Joe Biden's tax returns

show that he's not the best Catholic in more ways than one:

Oh ye of little faith.

Professor Caron also notes:
Independent Sector reports that 89% of American households contribute to charity, with an average contribution of $1,620 -- 3.1% of income.

IRS statistics reveal that the average taxpayer with AGI over $200,000 makes over $20,000 of charitable contributions:

  • $15,000-$30,000 AGI: $1,916 average charitable deduction
  • $30,000-$50,000 AGI: $2,158 average charitable deduction
  • $50,000-$100,000 AGI: $2,703 average charitable deduction
  • $100,000-$200,000 AGI: $4,057 average charitable deduction
  • $200,000 or more of AGI: $20,434 average charitable deduction
UPDATE: Mark Perry has a great chart:

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