what does money have to do with running a country. seems like the more money you make the smarter?
(CNN) "? Joe Biden's newly released tax returns appear to confirm what the Democratic VP candidate has long contended "? he is among the poorest U.S. senators currently serving.
At least half the nation's senators are millionaires. But Biden and his wife Jill earned a relatively small $320,000 in 2006, paying about $66,000 in taxes. Over the last 10 years Biden and his wife earned just shy of $2.5 million "? an average income of roughly $245,000 per year.
The Obama campaign released the 10 years worth of documents earlier Friday, in part to pressure the McCain campaign to do the same with Sarah Palin and her husband Todd's returns.
"The last eight years have brought Americans' faith in their government to its lowest point in over thirty years," Obama spokesman Josh Earnest said. "The only answer is to change the way we do business in Washington. That starts with something as simple as transparency. That's why Senator Biden is releasing his tax returns for the last 10 years."
A McCain aide told CNN Friday the campaign would release Palin's documents, but on their "own timeframe."
The Bidens' returns do not specify the various sources of the income, but the Delaware Democrat earns $165,000 per year as a senator and draws roughly $20,000 annually from his visiting law professorship at Widener University. Jill Biden is a teacher in Delaware and draws a salary of about $66,000. The 2007 tax returns also indicate Biden earned $71,000 in royalties for his book "Promises to Keep."
Biden, who does not hold a second residence in Washington and commutes back to Delaware daily via Amtrak train, often jokes about his relatively poor financial standing on the campaign trail. His modes net worth is also touted by the Obama campaign as a sign Biden has not become a creature of Washington or a fixture on its cocktail circuit.
"I make a good salary, although I am listed as the second-poorest man in this Congress," Biden said in Missouri last week. "I'm not proud of it. I'm not proud of it. But that's what happens when you get elected when you're 29 years old."
The newly released tax returns also show the Bidens have given substantially less to charity as a proportion of their income than both Barack Obama and John McCain. In 2007, Biden donated $995 to charitable organizations, or 0.3 percent of his pre-taxed income. That compares to the 5.7 percent of income the Obamas donated to charity last year and the 26 percent John McCain gave away.
As a U.S. senator, Biden released a financial disclosure form earlier this year in which he valued his assets at between $59,000 and $360,000. He also reported liabilities of between $140,000 and $365,000.
"When the last listing came out, they listed my net worth as between 70 and 150,000 dollars and Rush Limbaugh said "?How can this guy manage our economy, he doesn't have any money?'" Biden also said at that Missouri campaign stop. "Well, I thought the deal was, when you went to work for the government you weren't supposed to make money!"
http://politicalticker.blogs.cnn.com...ed/#more-18293
what does money have to do with running a country. seems like the more money you make the smarter?
I am 100 times more open minded than most on here about the topics we talk about.-Raider13
Well that comment you just made was rich.WellBecause a politician like Biden makes that much and is the one of the poorest senators, it proves that he isnt in Washington for the money...unlike Mccain maybe, who is one of the richest persons in the Senate. A politician like Biden is more likely to be in tune with the issues of the US and also do a better job of representing the common man.
and yet he is running for vice president. nice find but probably not something that will change many minds on the forum.
I am 100 times more open minded than most on here about the topics we talk about.-Raider13
I dont think you can run for VP. He ran for President, but obviously didnt get the nomination and Obama picked him as his VP. Nothing I or anyone posts will change the narrow-minded ones on here.
im sorry chosen as vice president.
still confused to why this was posted
I am 100 times more open minded than most on here about the topics we talk about.-Raider13
So 250K per year makes him the common man . What does that make the 25-50K per year folks ?
Life is a grindstone . Whether it grinds us down or polishes us up , depends on what we are made of .
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: R13</div><div class="ubbcode-body">Nothing I or anyone posts will change the narrow-minded ones on here. </div></div>
I doubt that you've had enough life-experiences and personal interactions with the diversity of the population to determine what narrow-minded actually is. Come back and see me in 20-30 years (if I'm still around), and let's compare notes then. A determined mind is something much different than a narrow mind.
As for Biden, he must be a poor congressman if that's all the money he can come up with in that length of time. Wonder how much is hidden in secret international banks???[img]/LDPforum/ubbthreads/images/%%GRAEMLIN_URL%%/grin.gif[/img]
"Yes, there are two paths you can go by
But in the long run
There's still time to change the road you're on."
I doubt that you've had enough life-experiences and personal interactions with the diversity of the population to determine what narrow-minded actually is.
Bingo.
_________________________________________________________
HOW'S THAT HOPE AND CHANGE WORKING OUT FOR YA ??????
"New taxes on business to stimulate a slow economy??
Does the word STUPID come to mind?
HELLO ..................."
Straight from your mouth- "Read my lips-no new taxes" Ole Merle was right....did that song come out during Ray-gun? Shoot yeah ,I'd vote for the same 20 years of failed policy.
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