Thanks to Erika Johnsen at HotAir for teasing out some important details in Mitt Romney’s just-released tax returns.
This past year, he gave $4,020,772 of his $13,696,951 in (“mostly investment”) income to charity. That’s 29.65%. Interestingly, “The Romneys [only] claimed a deduction for $2.25 million of those charitable contributions.”
Romney also provided details on his past 20 years of tax returns, indicating that he paid taxes in each of those years. Do wonder if Harry Reid will now apologize for slurring the good man from Massachusetts. And “Over the entire 20-year period, the Romneys gave to charity an average of 13.45% of their adjusted gross income.”
By contrast in the ten years prior to his nomination to be the Democratic candidate for Vice President of the United States, Joe Biden gave 0.15% of his income to charity. (UPDATE: For comparison purposes, in the 20 years prior to his current bid for the White House, Mitt Romney gave ninety times as much of his income to charitable institutions as did Joe Biden in the 10 years prior to his nomination as the Democratic candidate for Vice President.)
Sounds like Mitt Romney is a most generous man, an empathetic individual.
UPDATE: John Podhoretz looked more closely at the returns than did I and caught this:
As a member of the Mormon church, Romney is instructed to tithe 10 percent of his income. That’s in keeping with most charitable giving: Religious institutions get about one-third of all contributions, according to The American magazine.
In 2011, his tithe would have been $1.4 million — which means in that year alone he gave more than twice as much to other charities through his own foundation and through other means.
Via Instapundit. Romney gave more than his church required him to tithe–and gave to groups other than his church.