Does Obama Pay Less Taxes Than His Secretary?

Zero Hedge
Friday, April 13, 2012

Courtesy of the class division SWAT team, we already know all too well that Buffett had a lower tax rate than this secretary. We however have a question: according to just released data, the Obama’s paid $789,674 in taxes in 2011…

• OBAMAS PAID 20.5% IN TAXES ON $789,674 IN 2011

From Bloomberg: “President Obama, wife Michelle had adjusted gross income of $789,674 in 2011, paid $162,074 in taxes, according to federal tax returns released by White House.”

Source: White House

So… inquiring minds want to know if the Fairness Expert in Chief paid less than his secretary in 2011?

 

This article was posted: Friday, April 13, 2012 at 8:41 am

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