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President Obama’s Secretary Paid Higher Tax Rate Than He Did

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hypocritexposer

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President Obama today released his 2011 federal income tax, with he and his wife reporting an adjusted gross income of $789,674. The Obamas paid $162,074 in total tax – an effective federal income tax rate of 20.5%. The Obamas also reported donating approximately 22% of their income to charity — $172,130.

http://abcnews.go.com/blogs/politics/2012/04/president-obamas-secretary-paid-higher-tax-rate-than-he-did/
 

Tam

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Damn Not a bad investment for the Obama's, Barak pays $162,074 in Taxes and Michelle spents $10 million in vacations.

Expensive massages, top shelf vodka and five-star hotels: First Lady accused of spending $10m in public money on her vacations
By Daily Mail Reporter
Created 3:33 PM on 24th August 2011

The Obamas' summer break on Martha's Vineyard has already been branded a PR disaster after the couple arrived four hours apart on separate government jets.
But according to new reports, this is the least of their extravagances.
White House sources today claimed that the First Lady has spent $10million of U.S. taxpayers' money on vacations alone in the past year.


Read more: http://www.dailymail.co.uk/news/article-2029615/Michelle-Obama-accused-spending-10m-public-money-vacations.html#ixzz1ryTieY4s
 

hypocritexposer

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ANGUS327 said:
Those vacations should be a taxable benefit just like the $100 a year I get from my employer to buy work boots.


Funny eh? Even personal mileage on a company vehicle is a taxable benefit :???:
 

Tam

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This might be something you should ask each and every Democrat you speak to between now and fall.

Why when Obama doesn't make a million dollars a year does his wife feel she has the right to spent 10 times that amount on vacations each year. There is no way she could afford her lavish livestyle without the Tax Payers flipping the bill.
 

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