posted on Apr, 12 2013 @ 07:49 PM
WASHINGTON—President Barack Obama and First Lady Michelle Obama paid $112,214 in federal income taxes in 2012 on adjusted gross income of
$608,611, an effective rate of 18.4%, the White House said Friday.
What Obama ? Your not paying your fair share!!!!!!
The first family's income declined from the $789,674 in adjusted gross income they reported in 2011. That year they paid total federal taxes of
$162,074, an effective rate of 20.5%. Their 2012 income continues a steep decline from 2010 when they reported $1.7 million in adjusted gross income,
the bulk of which was royalties from sales from books written by Mr. Obama.
What $1.7 million in 2010, and has consistently fallen?
Meanwhile, Vice President Joe Biden and wife Jill Biden reported adjusted gross income of $385,072 in 2012, the White House said. The Bidens paid
$87,851 in total federal tax for 2012, a further $13,531 in Delaware income tax and $3,593 in Virginia income tax. The Bidens contributed $7,190 to
charity in 2012.
Uh what Joe?
Your paying federal income tax,Virginia income tax, and Delware income tax?
So what about your boss Joe?
The Obamas paid $29,450 in state income tax to Illinois for 2012
Hmm Joe maybe need a learn a thing or two from your boss.
So shouldn't those two be practicing what they are preaching?
Pay your fair share might go a tad bite further if they actually did practice what they preached,.
Just my opinion tho.