Crush Liberalism

Liberalism: Why think when you can “feel”?

Oh my! Did Obama pay a lower tax rate than his secretary?

Why does Obama hate women?  😆

President Obama paid a total federal tax rate of 20.5 percent on a gross adjusted income $789,674, a rate that may come in below that of his secretary.

Obama has spent the past week touting the Buffett Rule, which calls on those who make $1 million – just a little more than Obama made – to pay at federal tax rate of at least 30 percent. The rule was inspired by Buffett’s comment that he paid a lower tax rate than his secretary.

The most recent information about salary regarding Obama’s secretary is for his former secretary, Katie Johnson, who is listed by the White House as having made $90,000 in 2010.

According to Wikipedia, Johnson is 31 years old and now attends Harvard Law School. I don’t know about her personal life or what her deductions would be, so I can’t assume any children or deductions.

On a $90,000 salary, she would pay $16,578 in federal taxes, $3,780 to Social Security, and $1,305 in Medicare taxes.

That adds up to a total federal tax burden of $21,663 on $90,000 in adjusted gross income, or a tax rate of 24 percent, well above Obama’s rate of 20.5 percent, even though Obama’s 2011 salary was nearly nine times the 2010 salary of his secretary.

That blasted 1%-er! LOL!  😆

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April 13, 2012 - Posted by | economic ignorance, hypocrisy, Obama, taxes

5 Comments »

  1. Wow…I don’t understand why Obama didn’t scream for a tax hike on those making $750,000 a year or more?!?!? Hmm, that would have included himself!
    Just a crazy, nutty coencidence I suppose………..

    Comment by Kevin | April 13, 2012

  2. His non-adjusted income was well over $1.5 million. I wonder if Moochelle is now ready to give up “HER piece of the pie”. 1% indeed!
    I’d sure like to know what “charities” they gave to.

    Comment by Kanaka Girl | April 13, 2012

  3. I’m sure he took advantage of every loophole he could get.

    Comment by Steve | April 14, 2012

  4. Is Moochelle finally prood of her country for only the 2nd time? Hmm?

    Comment by tnjack | April 15, 2012

  5. “Adjusted income”….just tink about that term, anyway……………..

    Comment by Kevin | April 16, 2012


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