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Did Obama Pay a Lower Rate Than His Secretary?
LoP Guest
lop guest
User ID: 88087
04-15-2012 08:47 AM

 



Post: #1
deal Did Obama Pay a Lower Rate Than His Secretary?
On a $90,000 salary, she would pay $16,578 in federal taxes, $3,780 to Social Security, and $1,305 in Medicare taxes.

That adds up to a total federal tax burden of $21,663 on $90,000 in adjusted gross income, or a tax rate of 24 percent.

Obama’s federal income tax rate was 20.5 percent. If you include the Medicare and Social Security taxes paid by Obama, his total federal tax liability is 21.8 percent, fully two percent less than that of his secretary even though his adjusted gross income was nearly nine times hers.

in full http://www.whitehousedossier.com/2012/04...secretary/
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LoP Guest
lop guest
User ID: 88087
04-15-2012 10:25 AM

 



Post: #2
RE: Did Obama Pay a Lower Rate Than His Secretary?
OBAMA FAMILY TAX SHELTER
FIRST FAMILY TRANSFERS WEALTH, AVOIDS TAXES

http://freebeacon.com/obama-family-tax-shelter/
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Anonymous Carrot
lop guest
User ID: 3531
04-15-2012 10:32 AM

 



Post: #3
RE: Did Obama Pay a Lower Rate Than His Secretary?
Mitt Romney paid even less.
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LoP Guest
lop guest
User ID: 88087
04-15-2012 10:50 AM

 



Post: #4
RE: Did Obama Pay a Lower Rate Than His Secretary?
Anonymous Carrot  Wrote:
Mitt Romney paid even less.

Romney isn't the one calling for the buffet rule and he isn't the president. Funny thing about that buffet rule it won't affect buffet because he like all the really wealthy hide their money in tax exempt foundations, warren buffet keeps his in the same tax exempt foundation as bill gates.

Therefore obama's buffet rule is just smoke and mirrors if he really wanted his rich backers like buffet to pay more taxes he would call for them to close the existing tax loopholes. Buffet got a lot of money from us in the bailout just like so many of the 1%'ers that back obama.

BAILOUT BABY
MILLIONAIRE WHO SUPPORTS HIGHER TAXES INVESTED IN COMPANIES THAT RECEIVED BILLIONS IN TAXPAYER MONEY

http://freebeacon.com/bailout-baby/
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LoP Guest
lop guest
User ID: 14880
04-15-2012 12:36 PM

 



Post: #5
RE: Did Obama Pay a Lower Rate Than His Secretary?
Well, that's rich. The democrats and Obama want to fix the tax system so big players pay their fair share. They want to end subsidies for Big Oil. The republicans block that, since they block everything, or because they like loopholes.
And you here are saying it is Obama who perpetuates the low tax thing for rich people. C'mon, you can only say one of the two, or he is doing class warfare and wealthredistribution by calling to close the loopholes, or you say he is perpetuating it himself, you cannot blame him both ways.
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