Monday, October 06, 2008

Sarah Palin tax returns and financial statement

Here. My take:

1. Charitable giving is a bit low at 1.5-3% for 2006 and 2007, but it's (ahem) better by far than Joe Biden's, and comparable to superior to Barack Obama's--at least prior to Obama's book-writing.

2. Mortgage interest is reasonable at about $10k/year, and declining, not increasing. The Palins do not appear to be using their home as a bank account. The interest also suggests that they have significant (well over 50%) equity in their home.

3. Unlike Obama and Biden, the Palins do show consistent interest, dividend, and capital gains income.

4. Very unlike Obama and Biden, the Palins show very significant savings, including a number of mutual funds, Todd Palin's business, and more.

Overall, except for the charitable giving aspect, I give the Palins an A- on their financials, vs. an A for McCain, a D for Obama, and an F for Biden. We can probably trust her near a three trillion dollar budget.

1 comment:

Gabrielle Eden said...

I do trust her!