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I'm I missing something here

Tam

Well-known member
Pulled from Huffington Post article
President Obama and Michelle Obama Pay 20 Percent Tax Rate

In 2013, the President and the First Lady filed their income tax return jointly reporting an adjusted gross income of $481,098, according to a White House tax return disclosure. It appears that President Obama has his finances in order; the couple paid $98,169 in taxes at a rate just over 20 percent, and donated $59,251 (12.3 percent of their income) to 32 different charities. The Obamas also shared their state income tax return, which revealed that $23,328 of their tax bill went to the state of Illinois.

Ok the other day Eric Bolin said the Obama's are leaving the White House worth $24 million Obama was a community Organizer/Junior Senator before becoming President and there are stories of him and Michelle living off their Credit cards and having college debt and a mortgage for a very expensive home in Chicago, so he did not come from big money. If the President is responsible for the families expenses while in the White House and knowing the amount of money Michelle burned through on clothes, hair and makeup artists and traveling around the world with the girls and staff not to mention the cost of the girls private schooling in the last 8 years, where did that $24 million come from if they are jointly claiming a gross income that matches what a Presidents salary is? :???:
 

Steve

Well-known member
2007: Obama earns $3.3 million off book royalties from Random House and $816,000 from Dystel & Goderich Literary Management. He acquires a Northern Municipal Money Market Fund valued between $1 million and $5 million, in addition to U.S. Treasury notes valued between $500,000 and $1 million. For his daughters, he invests in two 529 college savings plans, each worth up to $250,000.
2008: When Obama is sworn in as president, he owns somewhere between $1 million and $5.1 million in U.S. Treasury bills.



back in 20012/13?
According to financial disclosure reports, President Obama has an estimated net worth of $7 million dollars.

Since he was worth $1.3 million in 2007, that makes the millionaire.

President Barack Obama and first lady Michelle Obama listed assets worth between $2 million and $7 million for 2013, of which $1 million to $5 million were in Treasury notes, according to financial disclosure forms released Thursday.

Hypocrisy isn't a stranger to the liberal elite. Michael Moore's fifty million dollar fortune came from creating documentaries that makes free enterprise look like the same as corporatism.

The activist left said Mitt Romney was too rich to be president, but had no problem supporting John “I'm Wealthier Than Romney” Kerry when he ran for the same post in 2004.



Barack Obama's Net Worth Is $12.2 million. Barack Obama, the 44th President of the United States and the former senator from Illinois, has a net worth of $12.2 million. (Source: “Barack Obama Net Worth,” Celebrity Net Worth, last accessed March 3, 2016.)


Michelle Obama Net Worth: Michelle Obama is an American lawyer, writer and First Lady of the United States who has a net worth of $11.8 million. She has three books to her name, “Believe in the Possibility,” “Michelle Obama” and “American Grown.”

books appear to be how democrats, (and republicans) get around the ethics laws.. write one,, some slobs buy a million copies and like magic the writer is rich.. more then likely more are bought then ever printed.. :roll: :???: :?


Another note worth knowing is that the 24 million wealth/assets came from a celebrity mag, and is inflated. I would imagine, speaking fees, and books will make their humble earnings grow.. after all it was several books written by an unknown who didn't do anything that made them rich to begin with. How else do you become a millionaire on a community organizers salary.
 

Tam

Well-known member
It's a novel concept not to destroy 33000 emails. that were requested by a Congressional hearing too.
 

iwannabeacowboy

Well-known member
Exactly what do you need to see in a tax return?

Does the IRS review returns or not?

If he submitted a fake return for the nation to see, what would you have to say?
 

Silver

Well-known member
iwannabeacowboy said:
Exactly what do you need to see in a tax return?

Does the IRS review returns or not?

If he submitted a fake return for the nation to see, what would you have to say?

So nothing to see on the Obama returns then? They should not have submitted them?
 

Steve

Well-known member
Silver said:
So nothing to see on the Obama returns then? They should not have submitted them?

Obama released his "because" he is a politician.. he "cleaned and tidied up" his ill gotten gains in treasuries to prevent anyone from criticizing him.. It is what politicians do.
 

Steve

Well-known member
House minority leader Nancy Pelosi (D-CA), Senate majority leader Harry Reid (D-NV) and Rep. Debbie Wasserman Schultz (D-FL), the chairwoman of the Democratic National Committee (DNC), have been some of the most vocal voices to have called on Mitt Romney to release his tax returns.

In stunning examples of hypocrisy, though, Pelosi, Reid, and Wasserman-Schultz all refused to release their tax returns

Facing questions about why she and other top Congressional officials won’t release their tax returns, House Minority Leader Nancy Pelosi (D-Calif.) downplayed her previous demands for presumptive GOP presidential nominee Mitt Romney to release his, calling the issue a distraction. -

As recently as Wednesday, Pelosi had strongly urged Romney to provide further disclosure of his tax returns. But today, while maintaining Romney should release more documents because of “custom” and “tradition,” Pelosi said the issue was trivial compared with economic issues.

“We spent too much time on that. We should be talking about middle-income tax cuts,” Pelosi said after answering two questions about the issue.


The Minority Leader faced questions about the issue after a McClatchy News report showed only 17 of 535 Members released their tax returns when asked.
- See more at: http://www.rollcall.com/news/nancy_pelosi_downplays_tax_return_demand-216283-1.html#sthash.tPrSRRZ1.dpuf

it only matters when the other side is looking for dirt...
 

Silver

Well-known member
Steve said:
it only matters when the other side is looking for dirt...

This in not partisan. Show the damn return. To me it matters regardless of political stripe. Tax returns are an important window into the makeup of the people representing us.
 

Faster horses

Well-known member
I am an American Citizen and I could care less about Trumps tax return.

What I do care about was all the Democraps that didn't pay their taxes; especially when they worked for the government.
 

Silver

Well-known member
Faster horses said:
I am an American Citizen and I could care less about Trumps tax return.

What I do care about was all the Democraps that didn't pay their taxes; especially when they worked for the government.

I find it very sad that by day two of a new gov't the highest standard the supporters can hold their party to is the lousy track record of the previous gov't. Totally shameful. When I vote conservative and they win I become the biggest critic I can of them. I expect them to perform at least as good as they promised and behave far better than the outgoing administration. It becomes quite obvious just by reading peoples opinions in forums such as these how it is our countries are falling to ruin.
 

Steve

Well-known member
Silver said:
Steve said:
it only matters when the other side is looking for dirt...

This in not partisan. Show the damn return. To me it matters regardless of political stripe. Tax returns are an important window into the makeup of the people representing us.

why does it matter now? he has already won the election.

I doubt we need any window to see into Trumps makeup.

the fact is it doesn't matter, a politician will make his return neat and not have anything that would hurt him,, anyone else would follow the law,, (ironically made by politicians) and like most of us pay as little taxes as possible. Trump complied with the federal disclosures and anything relevant is already public information.

https://www.nytimes.com/interactive/2016/05/18/us/politics/trump-financial-disclosure.html?_r=0

https://www.documentcloud.org/documents/2838696-Trump-2016-Financial-Disclosure.html
 

Tam

Well-known member
Forget Trump Anyone that can read the news knows he made his Billions in real estate development, It is not like he has been able to hide anything from the liberal media and Democrats, that have had to resort to making up crap about him to try derail his campaign. Let's see where all the career politicians make their money. How these people go into office broke and come out millionaires, should be the bigger concern for tax payers. Who are they selling access to and what stock trade info are they getting that the public is not.

None of them should be allowed to write a book until they have left office either, as what a great way to hide shady income. Announce you have a book for sale and somebody comes in, makes it a best seller over night by buying a few hundred thousand copies to heat their home for the winter and you have a legit looking transaction of book sales and what they have really bought was a BIG FAVOR. Let them wait to write their books until after they are off the tax payer dime and have no government access/influence left to sell.
 

Traveler

Well-known member
We have a new President that is trying aggressively to promote an agenda that we largely support......and it would be helpful to gouge him in the eye over tax returns at this point?
 

Steve

Well-known member
I find it very sad that by day two of a new gov't the highest standard the supporters can hold their party to is the lousy track record of the previous gov't. Totally shameful.

tax returns "might" have been a pre-election distraction, but the SIMPLE fact is we can't compare him to his opponent now..
that was our choice.. Hillery or trump.. tax returns, compared to a foundation that raked in millions?,.. did we get those tax returns?

awful ironic they are now closing it down..
POLITICS
Clinton Global Initiative to lay off employees, shut down amid dwindling donations

we had one choice.. so how is that shameful?
 

Steve

Well-known member
I find it very sad that by day two of a new gov't the highest standard the supporters can hold their party to is the lousy track record of the previous gov't. Totally shameful.

It isn't mostly his supporters who are doing the holding to a different standard, it is the media.. most supporters know Obama did a horrible job. for now all we can do is support Trump and pray he does a better job.


The time for criticism will soon come.. but shouldn't we wait UNTIL he does something we should be critical of?

care to explain how that is shameful?
 

Silver

Well-known member
Steve said:
I find it very sad that by day two of a new gov't the highest standard the supporters can hold their party to is the lousy track record of the previous gov't. Totally shameful.

It isn't mostly his supporters who are doing the holding to a different standard, it is the media.. most supporters know Obama did a horrible job. for now all we can do is support Trump and pray he does a better job.


The time for criticism will soon come.. but shouldn't we wait UNTIL he does something we should be critical of?

care to explain how that is shameful?

I hope he does such a great job as to get a well deserved second term. I really do. But if you can't see where you could be critical of Trumps words and actions to this point then you have proven my point for me.
 
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