Why doesn't he set an example and pay the 30% he's advocating all the other wealthy people pay under the Buffet Rule?
WASHINGTON President Obama and his wife, Michelle, reported adjusted gross income of $789,674 in 2011 and paid just over 20 percent of it to the federal government in taxes.
Their income declined nearly $1 million from the previous year, when the president was reaping larger amounts from sales of his bestselling books. The numbers were disclosed in the Obamas federal income tax return and gift-tax return, released Friday by the White House, along with those of Vice President Joseph R. Biden Jr.
Mr. and Mrs. Obama paid $162,074 in income taxes, an effective tax rate of 20.5 percent. In a statement, the White House suggested that Mr. Obama believed that he should pay a higher rate, noting that his administration wants to reform the tax code and ask the wealthiest Americans to pay their fair share while protecting families making under $250,000.
Obama Releases His Tax Returns
Then pay it!! What's stopping you Mr. President?? Why don't you walk your talk?
People really fall for this shit?
He's not president, he follows the law. It's not his fault any more.
Yeah, Obama did not donate his paycheck like Trump.
-Geaux
Trump donated his paycheck?
You haven't heard about that?
-Geaux