Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Bernie Sanders Donated 2.26% to Charity, Tax Returns Show

Published by Yahoo on Wed, 17 Apr 2019


Carlos Barria/ReutersSen. Bernie Sanders (I-VT) released a decade's worth of tax returns on Monday, detailing millions in income'2.26 percent of which he donated to charity.The documents show that over the years, Sanders' income ranged from $205,617 to $1.1 million, while his charitable giving ranged from less than 1 percent to just over 4 percent depending on the year.Last year, Sanders' total income was $566, 421 and he donated $18,950 or 3.35 percent. In 2017, his income was $1.1 million and he gave away $36,300 or 3.15 percent. The year before that he also made more than $1 million but donated $10,600 or less than 1 percent.His income peaked in 2016 and 2017 due to sales of his book, Our Revolution. Based on IRS data, Sanders' rate of giving was below the average for his income bracket in some years and or at or above in other years.Sanders had resisted releasing his tax returns during his last run for office, sparking speculation as to what would be in the records that could prove political problematic.The top line number shows that the Senator is among the millionaire class that he often bemoans. But the charitable giving also presents its own set of political vulnerabilities, which Sanders' team appeared to acknowledge in a statement on its website explaining that the tax returns do not include proceeds from one of his books, The Speech, 'which are donated directly to charity.''The Sanders do not take a tax deduction for those contributions, so they do not show up on their tax returns,' the statement read. 'The Sanders' donations have gone primarily to senior centers, low-income organizations, educational entities, and environmental and housing advocacy groups,' the statement said.Reached for additional comment, Sanders' campaign spokeswoman Arianna Jones noted that the senator's policy platform calls for a greater government footprint in areas that are currently struggling to survive on charitable largesse. 'Over the last decade, Bernie and Jane Sanders have donated more than $100,000 to charity. Their overall charitable giving rates have been roughly in line with the average rates in America as a whole,' the statement read.'In some years, they gave more than 3 or 4 percent of their income to charity. They have given to senior centers, low-income organizations, educational entities, and environmental and housing advocacy groups. They also believe that while voluntary charitable donations are commendable, they can never replace ongoing public investments in major social programs and services that improve people's lives.'Read more at The Daily Beast.
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  Nigeria Films  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Mashable  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs