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Wed Apr 24, 2019, 09:24 PM

 

Booker tax returns show income drop, high charitable giving

IOWA CITY, Iowa Democratic presidential candidate Cory Booker released 10 years of tax returns Wednesday, showing his income plunged last year but he remained generous toward charity.

Booker reported income of $152,715 in 2018 for his salary as a U.S. senator from New Jersey. He paid $22,781 in taxes and had an effective tax rate of 19 percent.

Booker donated $24,000 to charity in 2018 or more than 15 percent of his income. That contrasts with other Democratic presidential candidates who have reported giving much smaller percentages to charity in their tax returns, often 2 percent or less.

Booker, who is single and has no children, reported total charitable contributions of nearly $460,000 over the 10-year period. Slightly more than half of those donations came in 2013, when Booker faced criticism over his role founding the social media company Waywire and gave significant amounts of stock to Newark charities.

https://www.msn.com/en-us/news/politics/booker-tax-returns-show-income-drop-high-charitable-giving/ar-BBWg7j3?ocid=spartandhp
If I were to vote in a presidential
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Reply Booker tax returns show income drop, high charitable giving (Original post)
Yo_Mama_Been_Loggin Apr 2019 OP
still_one Apr 2019 #1
brer cat Apr 2019 #10
still_one Apr 2019 #11
Name removed Apr 2019 #2
pnwmom Apr 2019 #4
Name removed Apr 2019 #7
pnwmom Apr 2019 #8
Name removed Apr 2019 #9
pnwmom Apr 2019 #12
dsc Apr 2019 #3
pnwmom Apr 2019 #5
dsc Apr 2019 #6

Response to Yo_Mama_Been_Loggin (Original post)

Wed Apr 24, 2019, 09:30 PM

1. That does not surprise me at all

 

If I were to vote in a presidential
primary today, I would vote for:
Undecided

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Response to still_one (Reply #1)

Wed Apr 24, 2019, 10:12 PM

10. Nor me.

 

He is one who walks the walk. I don't understand why he isn't getting more attention.
If I were to vote in a presidential
primary today, I would vote for:
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Response to brer cat (Reply #10)

Wed Apr 24, 2019, 10:15 PM

11. I don't either

 

If I were to vote in a presidential
primary today, I would vote for:
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Response to Yo_Mama_Been_Loggin (Original post)


Response to Name removed (Reply #2)

Wed Apr 24, 2019, 09:39 PM

4. On your basis, no one from NJ or NY or CT could ever run for President, because too many

 

employees of banking or pharma sent donations (those states are centers of the banking industry and pharma).

No one from Texas could ever run because they get too many donations from employees of energy companies.

No one from Delaware could run because of donations from employees of the banking industry.

No one from Washington could run because of donations from employees at airplane related companies or Amazon.

No INDUSTRY or CORPORATION is allowed to donate to any campaign. But individuals who work at companies can. We shouldn't be penalizing candidates because they come from a state where there are a lot of employees at a particular industry -- unless we see votes that are against our principles.

Just to name one example, Alexandria Ocasio Cortez got a significant percent of donations from the banking industry -- because she represents an area where people have jobs at banks. That shouldn't be a reason she couldn't be Senator, Governor, or even President some day.
If I were to vote in a presidential
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Response to pnwmom (Reply #4)


Response to Name removed (Reply #7)

Wed Apr 24, 2019, 09:59 PM

8. Cory Booker gets donations from EMPLOYEES of pharmaceutical companies,

 

including $20 donations from file clerks and $30 donations from lab assistants.

You have no evidence Booker gets money from "the fat cat boardroom." There is a $2700 limit on any individual donation, and no one's going to buy a lot of influence with a $2700 donation.
If I were to vote in a presidential
primary today, I would vote for:
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Response to pnwmom (Reply #8)


Response to Name removed (Reply #9)

Wed Apr 24, 2019, 10:16 PM

12. He has rejected support from pacs. He can't stop them, though, thanks to

 

Citizens v. United.

From your link:

He joined with other Democrats and rejected corporate PAC money in February 2018. His campaign said they would not support super PACs spending money on his behalf, however the campaign cannot actually prevent outside groups from making independent expenditures.
If I were to vote in a presidential
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Response to Yo_Mama_Been_Loggin (Original post)

Wed Apr 24, 2019, 09:37 PM

3. Impressive giving

 

but in fairness to the other candidates who have kids being single and child free equals a much higher disposable income. But he still is giving an impressive amount.
If I were to vote in a presidential
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Pete Buttigieg

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Response to dsc (Reply #3)

Wed Apr 24, 2019, 09:40 PM

5. But Bernie and Joe are long past the time of spending a high fraction of income on child care.

 

And there's a huge difference between 2 or 3% and 15%.
If I were to vote in a presidential
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Response to pnwmom (Reply #5)

Wed Apr 24, 2019, 09:46 PM

6. Biden has had to help his children in recent years I am sure

 

and also made less money over all. But that is largely a fair point.
If I were to vote in a presidential
primary today, I would vote for:
Pete Buttigieg

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