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If his tax returns tell the story accurately, the representative Beto O'Rourke, D-Texas, is a skinflint.
In 2017, he and his wife claimed a total income of $ 370,412, according to the tax returns they published this week for a period of 10 years. In the same year, which is the last available deposit, the O'Rourkes reported only $ 1,166 in charitable deductions. The former congressman and presidential candidate of 2020 donated a third of 1% of his total revenues to charities. In simpler terms, O'Rourke is a very expensive stooge.
He does not see it that way, though. You see, running for the office is O'Rourke explained this week.
I do not invent it.
The hope of the White House was asked Tuesday night during an election campaign in Charlottesville, Virginia, to explain his meager charitable donations. The interviewer mentioned that his sister gave a lot more despite a much lower income.
"I have been in post since 2005. I do my best to contribute to the success of my community, my state and now my country. There are ways to measure the things I do … We give to charities that we have registered and listed – others we have donated to that we do not have. the former congressman said.
He added, "But I'm going to tell you that I'm doing everything I can now, spending this time with you, not with our children, nor at my home in El Paso, because I want to sacrifice everything so that we meet this moment of truth with all we have. Therefore, if you have not read these statements, you can view them online. Just know this: I will continue to try to be as transparent and available as possible by answering your questions and posting this financial information online. "
Boy, it's big of him.
Oh, too, it seems the O'Rourkes are underpaying their 2013 and 2014 taxes of over $ 4,000 because of the way they reported their medical bills, according to the Wall Street Journal.
"They took deductions for these costs without taking into account the limit that allowed only this break for medical and dental expenses exceeding 10% of the income of people of their age," notes journalist Richard Rubin. "If they had not taken the medical deductions of nearly $ 16,000, their taxable income would have been higher. During those years, he would likely have been subject to the rates he was paying under the alternative minimum tax. "
For no reason, I want to mention that O 'Rourke is married to billionaire money. I'm not saying it adds to the flavor of politeness we get from his charitable giving, or his apparent absence. But I am not do not saying that either. I just thought you would like to know.
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