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Does Obama Pay Less Taxes Than His Secretary?

Posted By yihan On April 13, 2012 @ 8:41 am In Featured Stories,U.S. News | Comments Disabled

Zero Hedge [1]
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 [2]

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


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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/does-obama-pay-less-taxes-his-secretary

[2] White House: http://www.whitehouse.gov/blog/2012/04/13/president-obama-and-vice-president-biden-s-2011-tax-returns

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