Thursday, April 18, 2019

Charitable donations by Democrat candidates

Oh yes, the tax returns are coming out.  We have a taxpayers Bill of Rights and #7 says you can’t be forced to share your information. But they are running for 2020 White House.  Bernie is a millionaire and Beto gives a few dollars for charity—probably donated his old cowboy boots or a truck to Volunteers of America and took a donation.

This has been known for years--not about Sanders specifically, but Democrats, liberals, progressives, etc. are not generous with their own money, but love to give away and transfer your wealth. Usually when they throw their hat into the ring, they up the donations (Obama’s donations soared in 2007). About 60% of the federal budget goes for safety net programs, and there are about 123 wealth transfer programs, then there are the local and state taxes. So I can see Dems say "I gave at tax time," but instead they'd rather complain that Republicans are stingy and don't care about the poor. The top 20% of earners pay 84% of the taxes, but that doesn't keep the Democrats from demanding socialism for the middle class.

Nothing helps a poor man like a job, and President Trump has certainly helped the poor.  And I’m on a pension (which doesn’t go up or down) but my own investments made more the first quarter than I ever did while working.  We shouldn’t become complacent, however.  Recessions go around about every decade.  There have been 2 since I retired in 2000.  So don’t stop being charitable just because of changes in tax laws.  That’s not why we do it.

No comments: