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Re: Obama may have paid less in taxes than his own secretary

Posted by LuchAAA on Fri Apr 13 17:03:41 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Charles G on Fri Apr 13 16:52:26 2012.

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Meanwhile, my friend who is a doorman paid 11.5% federal on about $44,500 income.

People don't know the difference between the "brackets" and "effective tax rate". He looked at his income and saw 25% bracket and assumes that's what he's paying to the Treasury and thinks it unfair that someone who makes more is paying 20% "effective".

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