"for God loves a Cheerful Giver"

 

 

The Cheerful Giver Correlation  

 

If you have $1,000,00 in assets, your cheerful giver share is $20,000 per year to charity

If you have $5,000,00 in assets, your cheerful giver share is $144,000 per year to charity

If you have $10,000,00 in assets, your cheerful giver share is $327,000 per year to charity

 

 

              

 

 

At the cheerful giving level our 20 richest Americans should have given 96.0 Billion

They gave 8.698 Billion

That makes them 9% cheerful!        ??  91%  self centered

 

Our Billionaires have failed our Country

 

 

 

Biden and Harris release 2019 tax returns ahead of first debate
By Grace Segers 
September 29, 2020 / 8:38 PM / CBS News 
Washington — Democratic nominee Joe Biden and running mate Senator Kamala Harris released their 2019 tax returns ahead of the
 first presidential debate on Tuesday, drawing attention to a New York Times report revealing that President Trump paid just $750 
in federal income tax in 2017, the year he entered the White House.
Biden's tax return shows that he and his wife, Jill, earned $944,737 in taxable wages in 2019 and paid $299,346 in total taxes, 
a rate of 31.6%. Biden listed his occupation as "executive," and Jill Biden wrote that she was a "teacher." Harris and her husband,
 Doug Emhoff, earned $3,018,127 in taxable income and paid $1,185,628 in total taxes, a rate of 39.2%, according to her return. 
Harris and Emhoff owed $432,205 in taxes, while the Bidens got a $46,858 refund.

 

 

Democratic presidential nominee Joe Biden and his running mate, Sen. Kamala Harris (D-Calif.), released their 2019 federal and state tax returns on Tuesday, hours before the former vice president meets face-to-face with President Trump in the first debate of the 2020 presidential race.
The release comes days after a bombshell New York Times investigation showed that Trump paid just $750 in federal income tax in both 2016 and 2017 and paid no taxes in 10 of the 15 previous years. The newspaper detailed questionable tactics that the president reportedly used to lower his tax bill over multiple years.
Biden and his wife reported an adjusted gross income of $985,233 and paid a total of $299,346 in taxes, for an effective tax rate of about 30 percent.
The former vice president's income in 2019, when he spent most of the year as a presidential candidate, was substantially less than it was in 2017 and 2018. He and his wife reported adjusted gross income of more than $11 million for 2017 and nearly $4.6 million for 2018.
The Bidens collected income from several sources, including the University of Pennsylvania, Northern Virginia Community College and S-corporations that the couple uses for their speaking and writing engagements.
The couple reported $14,700 in charitable contributions.
 

Kamala Harris’ tax returns show some $200,000 of giving since 2014, around 2% of earnings.  According to Fortune, Harris' net worth is thought to be around $6.3 million.

 

Joe Biden and his wife donated just $70,000 to charity in the two decades leading up to 2017, per their tax returns.

 

If Biden's net worth (less real estate) is around $5,000,000, then under the GLCG correlation, he should be giving around $144,000 per year to charity.

 

If Harris's net worth (less real estate) is around $6,300,000, then under the GLCG correlation, she should be giving around $189,000 per year to charity.

 

Trump claims to be a billionaire,  if this is true then his GLCG correlation says he should be giving around $58,700,000 per year to charity.  ??  very very doubtful!