Grilled by reporters about having given less than 1 percent of the $4 million he earned last year to charity, Dick Cheney said Tuesday the amount he gave was “appropriate,” The New York Times reported Sept. 6.
Cheney also questioned reporters’ math, saying that in addition to direct contributions, he should be credited for speaking fees he directed to charity and for corporate gifts that matched his own donations, The New York Times reported Sept. 6.
And Cheney disputed the idea that comparing his direct contributions of $209,832 over the last 10 years to his income of $20,677,742 is an accurate measure of his generosity, the Times said.
By that standard, he gave 1.01 percent of his income.
He also counted $89,500 in speaking fees and $142,820 in matching gifts.
Neither is a charitable contribution under federal tax laws, the Times said.
By Cheney’s standard, his giving equals 2.14 percent of his income.
For full story, go to The New York Times.