After reviewing Bernie’s taxes, it’s apparent he’s not exactly the socialist hero he’s been pegged as all these years.
If anything just the opposite is true.
Bernie is a pretty stingy guy, you might say he’s also tight with a buck when it comes to donating to charities. In fact, the millionaire socialist’s charitable contributions are less than 1% far below the average for someone within his income bracket.
Monday afternoon just before his “town hall” meeting aired on Fox, Sanders released 10-years worth of tax returns, showing that he earned on average almost $300,000 annually from 2009 through 2915. However, in 2016 Bernie’s income skyrocketed to $1,062,626 due to the sales of his new best-selling book, titled “Our Revolution.”
According to IRS data, Sanders reported a measly 10,600 dollars in charitable contributions for 2016, the first year he became a millionaire, which is slightly less than 1% of his reported income and much less than the average $21, 365 for someone within his bracket.
The spend-thrift self-avowed Democratic-socialist also has three homes and some lake-front property in his home state of Vermont worth in the neighborhood of around 600,000 dollars.
IRS figures show that Sanders income from 2009 through 2015 was roughly around $280, 975 annually, contributing 2.06% to charities.
Moreover in the years 2016 through 2018, Sanders income increased greatly to $918,615 while his charitable contributions increased slightly to 2.39%.
A campaign spokesperson for Sanders attempted to spin the news away from the fact that Sanders is a miser, which runs counter to his political persona that the rich (of which he’s one), should share their wealth, with those less fortunate.
“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,” Sanders’s campaign spokeswoman Arianna Jones said.
Adding, “In some years, they gave more than 3 or 4% 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.”
This brings us back to where it counts; Sanders socialistic policies which would bankrupt America if ever implemented. That same policy that Sanders is now totting at town halls almost bankrupted his home-state of Vermont when the state instituted a mirror image of what Sanders is now advocating “Medicare For All”…a 32 trillion dollar Ponzi scheme.
However, to implement his pie-in-the-sky policies, he would increase taxes across-the-board by 8% which would only generate about 12 trillion dollars in revenues. Sanders also advocates an additional 8% pay cut on all wages, however that would still only pay for about one third.
The dilemma for someone like Sanders who apparently believes that countries like Venezuela and Cuba are the templates that we should follow is finding the right combination to tweak this and fix that. However, at the end of the day, those countries inevitability always run out of other people’s money.
Moreover, Sanders seems to have already adopted those same lavish instincts as those leaders in Venezuela and Cuba, spending nearly $300,000 flying on private jets rather than flying commercial, this from someone who advocates AOC’s Green New Deal…I guess some things never change.