Monday, April 15, 2013

Why is This man Laughing??



Could it be because he suckered you in?              
Played you for a fool?   

Remember all his ranting and raving about taxing the rich? "The rich must pay their fair share," he claimed. Well, under the guidelines the Obama's fall into that "wealthy" category, but their tax rate for 2012 was lower than most Americans in their tax bracket . Read More: President's Tax rate in the Teens

The president's 2012 income was $608,611. Workers with an income of $500K to $1 million are in the 20.6 percent rate. Obama's rate: 18.4%. He paid $112,214 in federal income taxes for 2012.

Is he paying his fair share? Just a thought.

If you remember higher personal tax rates for the wealthy was the central theme of his reelection bid last year for a second term.

The Obama's lowered their rate by giving about 1/3 to
charities which, to be fair, is notable. The president now wants the rich to pay even more, despite getting a tax hike placed on the wealthy during last year's fiscal cliff debacle. He now wants to tax them more by closing loopholes...is charitable giving one of them?


   By the Way....HAPPY TAX DAY !!








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