Did Obama Pay a Lower Rate Than His Secretary?

disgraceful...





Did Obama Pay a Lower Rate Than His Secretary?

by KEITH KOFFLER on APRIL 13, 2012, 12:00 PM
Updated 1:10 pm ET
President Obama paid a total federal tax rate in 2011 on adjusted income of $789,674 that may be lower than that of his secretary, even though she earned substantially less.
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 extra 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.
Obama’s federal income tax rate was 20.5 percent. If you include the Medicare and Social Security taxes paid by Obama, his total federal tax liability is 21.8 percent, fully two percent less than that of his secretary even though his adjusted gross income was nearly nine times hers.
http://www.whitehousedossier.com/2012/04/13/obama-pay-secretary/

Yep. This dumbass needs to look at himself before throwing others under the bus...

Obongo...

I'm surprised he paid anything. He can help his corporate buddies pay 0%, he should be able to do the same for himself.

Oh, so now all of a sudden social security and medicare deductions are indeed counted into taxes paid and we are no longer focusing solely on income tax? Please keep this in mind the next time you shoud again about some people not paying any taxes.

Obama's percentage paid above also has those included as well... from the article:

Why doesn't Obama want to pay his fair share?

I'm certainly in favor of giving someone a choice if they want to participate in the Medicare/Social
Security.
People that don't pay taxes are sent a check (earned income credit)

A good question....

black people are cheap

it's science

You guys are idiots...he wants to raise his own taxes. If you all think they are too low you should support him. Mitt Romney wants to give him a tax cut.

Ask the Republicans, who already think he's paying too much..

What's the big deal with his tax returns, he paid the amount that was required by law no more, no less.

Could you be any more gullible? None of these regulations or laws are ever for the people in power in a corrupt government ran by the corporations.

Does he still have to pay SS / Medicare?

NM I joogled it

Disagree. I'd like to see Obama taxed at 99%; because then I can be sure that he would be taxed to the point he'd feel was too much. He seems to have no problem spending everyone else's money, so I'd like to see his own go out the window.

He also wants the Bush tax cuts on the top rates to go back to their rates during Clinton

Fab-o talking point

Barry hates America.

Uh.. Anyone with a REAL job knows this is all part of your taxes.

Why bother...

Who is surprised. Typical Liberal hypocrisy + Chicago Style Politics = Most Corrupt President To Ever Occupy The WH.

Time to vote this loser out.

Where are the actual figures? Taxes paid vs. taxes paid? Didn't see them. All I saw was some half bakes estimates.

It's fun to speculate!

True, but also problematic when you (Obama) spend most of your time demonizing the "rich" for not paying their "fair share." Obama should have cut a bigger check given that he is way above his own threshold for being wealthy (250K/year).

It's already up.
http://www.docstoc.com/docs/118680676/Obama-Taxes

How do you know he didn't?