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president-obamas-secretary-paid-higher-tax-rate-than-he-did
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abcnews.go.com — 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.
President Obama has been making a big political push for the “Buffett Rule,” which would require millionaires to pay a minimum of 30% of their income in taxes. To illustrate the point, the president has pointed out that billionaire investor Warren Buffett pays a lower tax rate than does his secretary.
President Obama’s secretary, Anita Decker Breckenridge, makes $95,000 a year. White House spokeswoman Amy Brundage tells ABC News that Breckenridge “pays a slightly higher rate this year on her substantially lower income, which is exactly why we need to reform our tax code and ask the wealthiest to pay their fair share. ”
It should be noted that president would not be impacted by the Buffett Rule, though he would see his taxes go up if the so-called Bush tax cuts on higher income wage-earners were allowed to expire, as the president says he wants.

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Posted by lastbaldeagle
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More evidence that Obama's class warfare pandering is all a bunch of crapola?
Of course! Whenever his lips are moving he is lying!
70%
No, he really feels YOU need to be taxed more as does Warren Buffett. The Obama's are exempt because of all the hard work they do.
30%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
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