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Obama may have paid less in taxes than his own secretary |
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Posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012 For a class warrior, 20 percent is pathetically low. Many will excuse him and cover for him, but when you live in a tax subsidized glass house ...http://www.whitehousedossier.com/2012/04/13/obama-pay-secretary/ |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 13:04:25 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. Obama gave away most of his salary to charity, which is why he wound up in a low "effective tax rate".Do the math. She paid %18.42 effective tax rate on federal taxes. It says Obama paid 20.5 but that's just his federeal(the article misleads by adding up her total tax burden compared to Obama's federal alone). |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 13:06:41 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. Class warfare does not apply to the generals. Remember, "All animals are created equal but some are more equal than others!" |
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| (931308) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by Chris R16/R2730 on Fri Apr 13 13:09:05 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 13:04:25 2012. No Republican presidential candidate with an identical tax return would get cut such slack. Romney is vilified for his 13 % tax rate because he gave a LOT more to charity and doesn't rely on a taxable salary for his primary income. IOW, everyone who pays taxes has options open to them that they take. Romney is an uncaring rich bastard. Warren Buffet is a hero. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 13:10:23 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 13:09:05 2012. Also, Romney is taxed differently because his income is investment income and not salary. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by bingbong on Fri Apr 13 13:10:44 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. That is probably right, and probably legal.He is going to change that. |
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| (931311) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 13:13:37 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by bingbong on Fri Apr 13 13:10:44 2012. Yeah he is going to change that 3 years ago when he controlled both houses of congress. Still waiting ! |
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| (931312) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 13:15:04 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 13:09:05 2012. Now it's "13%" for Romney? I thought it was "16%"? You're right that he gives money away to charity.I agree that it's all class warfare. But the article is misleading because it does not point out that Obama gives a lot of money away, and also adds up the total tax burden of the secretary instead of showing her federal burden, which is just over 18%. |
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| (931314) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 13:17:36 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Train Dude on Fri Apr 13 13:10:23 2012. Yup. Most people don't know what cap gains tax is about. |
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| (931317) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by bingbong on Fri Apr 13 13:23:48 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Train Dude on Fri Apr 13 13:13:37 2012. It's now more of an issue. The legislation is written. The question is, how accepting of fairness is the republican House?Having seen the (ahem) "budget" they recently passed, I'm inclined to answer very little. |
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| (931318) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by bingbong on Fri Apr 13 13:27:18 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. He paid at a higher rate than Rmoney. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by AlM on Fri Apr 13 13:29:05 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. False headline. $160,000 > $22,000, despite what you may think.Moronic conclusion. Please explain what you suggest he should have done differently. Lie on his income tax form so that he paid more in taxes? |
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| (931320) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 13:29:27 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 13:09:05 2012. also keep in mind, we're better better than they are. we're better people and we're real Americans. that's why this hit piece is sad. i want to have a real discussion about taxes. |
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| (931321) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 13:32:35 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by bingbong on Fri Apr 13 13:23:48 2012. You are a blithering idiot. I'll bet you even shit to the left. Call me when you can be honest. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by bingbong on Fri Apr 13 13:33:39 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 13:15:04 2012. It's 13%.Rmoney tithes to the Mormons. That's not really giving to charity, as those funds are used for activities and administration of that church that don't fall into the realm of "charitable work" such as real estate development, and other for profit investment. The charitable work they do is focused solely on their membership. They take care of their own but are completely insular about it. True charity comes as an act of giving, without an attached agenda. This..... not so much. |
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| (931323) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 13:34:53 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by bingbong on Fri Apr 13 13:27:18 2012. And that has been explained many many times. Are you too stupid to understand the reasons. Of course according to your husband you paid no corporate tax and got some good old corporate welfare but that's okay because its your snout deep in the trough. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 13:35:49 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by bingbong on Fri Apr 13 13:33:39 2012. BIGOT! |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Chris R16/R2730 on Fri Apr 13 13:40:44 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Train Dude on Fri Apr 13 13:10:23 2012. That's what I meant. That only defers the payment of tax until he cashes it out. |
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| (931327) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by bingbong on Fri Apr 13 13:42:18 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Train Dude on Fri Apr 13 13:34:53 2012. Doesn't change a fact stated without comment or attitude.You hateful prick. There's your attitude for the day. In fact,it's your attitude every day. 
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| (931330) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by bingbong on Fri Apr 13 13:59:08 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Train Dude on Fri Apr 13 13:35:49 2012. Get ye Hep. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by AlM on Fri Apr 13 14:17:01 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 13:09:05 2012. Romney isn't vilified because of his low tax rate. He is used as an example of why the current system is unfair. No one except wing nuts expects him to pay more taxes than he is required to, or to avoid using legal tax schemes. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by bingbong on Fri Apr 13 14:19:12 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by AlM on Fri Apr 13 14:17:01 2012. That's correct. His is an example of why this has to change. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 14:45:08 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by AlM on Fri Apr 13 14:17:01 2012. LOL @ "fair" and "schemes". Shows where you stand. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by AlM on Fri Apr 13 15:00:11 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 14:45:08 2012. ???I use legal tax schemes in order to minimize my taxes, just like Romney does. I'd be happy to give them up as long as he has to give them up too. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Fred G on Fri Apr 13 15:11:12 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by AlM on Fri Apr 13 15:00:11 2012. I do too.Your pal, Fred |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by JayZeeBMT on Fri Apr 13 15:19:50 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. You mean Obama may have paid less taxes as a fraction of his income, vs. his "secretary"? The President of the United States is currently paid $400,000/yr., and during his time in office, as per the Constitution, he may not "receive any other emolument from the United states, or any of them". If, assuming he kept his net, Obama paid $160K in total taxes (about 40%), and his secretary paid a greater fraction of her income in taxes, then yes, Obama did pay less tax than her. But somehow, I seriously doubt his secretary's tax--$22,000--is more that 40% of what the WH pays her. |
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| (931348) | |
Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 15:35:17 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by JayZeeBMT on Fri Apr 13 15:19:50 2012. How are you sir?Obama made closer to $800,000 last year. He has income beyond his job. Thanks for reading this post. Thanks for your math. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 15:36:18 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by JayZeeBMT on Fri Apr 13 15:19:50 2012. How are you sir?Obama made closer to $800,000 last year. He has income beyond his job. Thanks for reading this post. Thanks for your math. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 15:37:58 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by AlM on Fri Apr 13 15:00:11 2012. your choice of the word "scheme" was to make it sound wrong.You want to end tax deductions for charities? If the Treasury takes in less revenue after raising the cap gains tax to 23%, it may be "fair" but it's not smart. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Charles G on Fri Apr 13 15:45:27 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. He has huge charitable contributions from some of his books, where he donates the income to charity. If you back those out of income first then he tax rate is more normal. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by AlM on Fri Apr 13 15:45:55 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 15:37:58 2012. I make use of the charitable deduction, the deduction for state income and property tax, and the reduced rate for capital gains. I'd be happy if they all went away (along with the mortgage interest deduction, which I don't use) in return for the rates for each bracket being lowered. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 15:59:26 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by AlM on Fri Apr 13 15:45:55 2012. You said "schemes" to make it sound wrong. Illegal. It's not.You said "fair" because that's how the NY Times teachers you to think. It's about revenue. If the cap gains goes up to 23%, the Treasury could end up with less revenue, that's not fair to people on entitlements who need that money. Would you want to raise cap gains even if it means less revenues just to be "fair"? |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by SMAZ on Fri Apr 13 15:59:57 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. He has said multiple times that people like him shoud not be getting these tax breaks because they don't need them and it makes everyone else pay more.My President is leading by example as he always does. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 16:02:13 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by SMAZ on Fri Apr 13 15:59:57 2012. ?I don't remember Obama saying he wants to do away with charitable deductions. That's his biggest tax break. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 16:09:20 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by Charles G on Fri Apr 13 15:45:27 2012. ? What do you mean by "charitable contributions from his books"? Do you mean to say he has revenues from those books and then donates to charity, which reduces his tax burden?I agree that his tax rate is normal for someone in his bracket. People don't understand that the top bracket is around 35% starting at almost $400,000. So every dollar under that amount is taxed at a lower rate. People are also forgetting that Obama paid $30,000 or so in Illinois taxes. I wonder why Obama is still paying local taxes in Illinois? He's not a full-time DC resident? |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by AlM on Fri Apr 13 16:32:47 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 15:59:26 2012. I said "legal tax schemes." How can a legal tax scheme be illegal?I also said I'm OK with it if the revenue is evened out elsewhere. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 16:35:19 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by AlM on Fri Apr 13 16:32:47 2012. I also said I'm OK with it if the revenue is evened out elsewhere.And if revenues to the Treasury decreases when cap gains are raised, you're still be OK with it, because it's "fair". |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Charles G on Fri Apr 13 16:52:26 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 16:09:20 2012. Yes. He donates the profits from his books (not the revenue, just the profits, I believe, but I could be mistaken) to charity. The profits increase his income, but it is equally offset by his donation of those profits to charity.So his tax is calculated on his net income after the charitable contributions, but the "tax rate" calculation people are throwing around compares his tax paid to his gross income before donating to charity. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by AlM on Fri Apr 13 16:57:41 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 16:35:19 2012. No. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 16:59:05 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by AlM on Fri Apr 13 16:57:41 2012. I remember when Obama campaigned in 2008, he said it would be ok if cap gains revs and overall revs decreased after a tax hike on the rich, because it would be fair. |
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Re: Obama may have paid less in taxes than his own secretary |
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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. 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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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 17:06:53 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by bingbong on Fri Apr 13 13:59:08 2012. Please take your bigoted websites and your bigoted attitudes and put them in the far reaches of that big ass of yours. I'd rather behave like an American and respect all religions. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 17:10:29 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by bingbong on Fri Apr 13 13:42:18 2012. "You hateful prick."I guess you can pick the girl out of the gutter but you can't take the gutter out of the girl. All that changes nothing, though. You rail about others not paying their fair share while you pay nothing. I guess some pigs are more equal than others, after all.. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 17:12:15 2012, in response to Obama may have paid less in taxes than his own secretary, posted by Chris R16/R2730 on Fri Apr 13 12:55:56 2012. Now the story is all over."Obama paid lower tax rate than his secretary". I guess the media needs this kind of bullshit to coincide with tax day. They don't tell the whole story. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by Train Dude on Fri Apr 13 17:18:15 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 17:12:15 2012. I think what is just as interesting is that while Romney paid 13%, Big seldouche paid zero and now she's got her knickers in a knot because either her hypocrisy has been exposed or her husband let the cat out of the bag. tsk tsk tsk |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by GP38/R42 Chris on Fri Apr 13 17:19:12 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by bingbong on Fri Apr 13 13:10:44 2012. Hypocrite. He should have voluntarily given most of his income away, after all, he doesn't need it, so he should spread the wealth to those that do. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by GP38/R42 Chris on Fri Apr 13 17:20:07 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by SMAZ on Fri Apr 13 15:59:57 2012. Yes, he's leading by example.....that what he wants others to do doesn't apply to him. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by GP38/R42 Chris on Fri Apr 13 17:21:10 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by LuchAAA on Fri Apr 13 16:09:20 2012. Illinois is still his legal address if I am not mistaken. I assume Bush's was Texas. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by LuchAAA on Fri Apr 13 17:21:50 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by GP38/R42 Chris on Fri Apr 13 17:20:07 2012. Obama did the right thing this time. He gave some money to some very good charities. If he didn't, and paid a slightly higher tax rate, then everyone would be cunting that he does not give to charity. |
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Re: Obama may have paid less in taxes than his own secretary |
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Posted by GP38/R42 Chris on Fri Apr 13 17:22:10 2012, in response to Re: Obama may have paid less in taxes than his own secretary, posted by JayZeeBMT on Fri Apr 13 15:19:50 2012. ???????????????Obama has more income than just what he's paid as President. |
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