Obama tax return shows 2011 earnings of $789,674

Apr 13, 2012 Full story: Peninsula Clarion 44

This handout image provided by the White House shows the front page of President Barack Obama and first lady Michelle Obama's tax return.

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CHECK SIX

North Port, FL

#1 Apr 13, 2012
LYING WEASEL FINK HYPOCRITE!..a True ONE PERCENTER!!..BUFFIT also OWES the INFERNAL TAX FREAKS MILLIONS in owed taxes!!DAM HYPOCRITES!!!

And OBAMA just spent BILLIONS of Stimulus $$$$ to hire MORE INFERNAL agents to come after us!!...WOW!...What CRAP!!

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.
Bringmedinner

San Jose, CA

#2 Apr 13, 2012
The incredible amount of Obama's income given to the Fisher House charity alone (the one helping injured vets and their families with houses and medical technologies) is the reason his tax rate was reduced. It is a mistake for those blindly looking for criticism of Obama to overlook this significant generosity.
Bringmedinner

San Jose, CA

#3 Apr 13, 2012
Wisdom dictates that criticism be based on something that can't come back to bite you on your ass.
CHECK SIX

North Port, FL

#4 Apr 13, 2012
He gave $172,130.to Charity.. President Obama and his wife, Michele, gave a total of $48,000 in tax-free gifts to their daughters, according to tax records made public on Friday.

The Obama’s untaxed gift to their daughters will leave American taxpayers to subsidize the college education of the children of the multi-millionaire Obamas.

Ironic the BUFFIT rule would not affect the Obamas this year...Book Sales off this year!These ONE PERCENTERS get aweay with paying their fair share..Leagly!...What with The Lawayers and Tax people he owns!

The Other WEASEL BIDEN,Bidens Donate 1.5 Percent of Income to Charity in 2011

This WORTHLESS BUCKET OF WARM SPIT gets income from the Federal Government in Rental Fees for the Bungalow the Secret Service there to protect his ASS...His Mouth however??? Is Beyond Protecting!

when that other WEASEL.HERMAN MUNSTER..KERRY was running,not a PEEP of inquiry as to his "BILLIONS!...Only when the Cheap Thieving SOB tried to beat paying taxas on his YACHT did some indication of his BS was known,,,

The Kennedys? Do Not Go There..It was all Illegal BOOTLEG money stashed in the Caribbean,,,DAM HYPOCRATS ALL!

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#5 Apr 13, 2012
CHECK SIX wrote:
LYING WEASEL FINK HYPOCRITE!..a True ONE PERCENTER!!..BUFFIT also OWES the INFERNAL TAX FREAKS MILLIONS in owed taxes!!DAM HYPOCRITES!!!
And OBAMA just spent BILLIONS of Stimulus $$$$ to hire MORE INFERNAL agents to come after us!!...WOW!...What CRAP!!
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.
So support Obama's effort to change the tax laws so he DOES pay a higher percentage in taxes than his secretary.

“The Commander-in-Chi ef”

Since: Jun 07

Always bet on Black

#6 Apr 13, 2012
Why won’t RINO Mitt Romney release the last 10 years of his tax returns? What is he trying to hide from the American people… he should at the very least follow his father’s and President Obama’s example; release those tax records NOW!
Sheik Yerbouti

Doylestown, PA

#7 Apr 13, 2012
I thought you right wing vermin were against 'punishing' the successful! That must only apply to white right wing billionaires!
lolol

Albuquerque, NM

#8 Apr 13, 2012
Marine Corp Pat wrote:
Why won’t RINO Mitt Romney release the last 10 years of his tax returns? What is he trying to hide from the American people… he should at the very least follow his father’s and President Obama’s example; release those tax records NOW!
.
yes because the transparent obama has yet to release a decade of tax records, real birth certificate and all the other past documents he has had a lock placed on. Gee, I wonder what's in all those hidded draft registration, passports, school transcripts etc etc lolol
brad

Manchester, CT

#9 Apr 13, 2012
Marine Corp Pat wrote:
Why won’t RINO Mitt Romney release the last 10 years of his tax returns? What is he trying to hide from the American people… he should at the very least follow his father’s and President Obama’s example; release those tax records NOW!
Yeah!
He should come clean with his records like Obama.
Makes sense

Dearborn, MI

#10 Apr 13, 2012
He too needs to pay according to the Buffet rule.

Obama: 20% taxes.

Romney: 13.9% taxes.

WTF?

Middle Class Americans who WORK for a living: 25-35% taxes.

“i hope we can change this!”

Since: Aug 08

usa

#14 Apr 13, 2012
Sheik Yerbouti wrote:
I thought you right wing vermin were against 'punishing' the successful! That must only apply to white right wing billionaires!
no, douchebag...it applies to hypocrites...

“The Commander-in-Chi ef”

Since: Jun 07

Always bet on Black

#15 Apr 13, 2012
wetwo wrote:
<quoted text>
Why dont you release your med records for the last 10 years so we can all see you penile enlargement results.
Not surprising that it is a male right-wing tea-bagger that is interested in knowing the size of another man’s penis.

“The Commander-in-Chi ef”

Since: Jun 07

Always bet on Black

#16 Apr 13, 2012
lolol wrote:
<quoted text>
.
yes because the transparent obama has yet to release a decade of tax records, real birth certificate.
Obviously you didn’t get the memo… the long form birth certificate is what got Donald Trump to STFU and embarrassingly slither away a year ago taking his name out of the prospect of running in 2012… and the President released 12 years worth of his tax returns today… LOL, NEXT!

“The Commander-in-Chi ef”

Since: Jun 07

Always bet on Black

#17 Apr 13, 2012
President Barack Obama's campaign re-released more than a decade of tax records Friday, a political maneuver designed to pressure the Republican presidential candidate to divulge tax records beyond two years and to stop "hiding" details of his huge personal wealth.
http://www.startribune.com/politics/national/...

LOL, your move Mitt.
drink the hive

New York, NY

#20 Apr 13, 2012
I'm Going 2 Impair Myself Recreationally After This BS 'News'...

http://lovelypackage.com/wp-content/uploads/2...
CHECK SIX

North Port, FL

#21 Apr 13, 2012
wetwo wrote:
<quoted text>
Too many assumptions on her tax return. Bet she itemizes. Could write off her school loan if she had one, kids commuting to school, mortgage interest etc. Anyone making 90k hires a pro to do their taxes. her rate is less than Obamas, believe me it is.
Wonder where his NOBEL prize money is.??......and who paid for OBAMA'S extensive education...????/Some body Had to Pay??..His Mother was a Sick Burned out hippy,His DRUNKEN father killed himself,the Other Father????Who knows...One of OBAMAS fathers went to HARVARD...HOW???....What Kid you know ,smart,would like to go to HARVARD??? Where will he get a SUGAR DADDY?...Makes Ya Wonder about OBAMAS BULL SHIT... the more Ya Stir,the STINKEIR it gets....

Meanwhile he already set up so his kids go to College on TAX PAYERS MONEY...Not His $$$ This ONE PERCENTER...But Ours!
DENG

Nanjing, China

#22 Apr 13, 2012
"Obama tax return shows 2011 earnings of $789,674"

THEN HE'S RICH.

“A BETTER AMERCIA”

Since: Feb 12

Utah

#23 Apr 13, 2012
I'll show mine when the housekeeper's finish them.
lololol

Albuquerque, NM

#24 Apr 13, 2012
Marine Corp Pat wrote:
<quoted text>
Obviously you didn’t get the memo… the long form birth certificate is what got Donald Trump to STFU and embarrassingly slither away a year ago taking his name out of the prospect of running in 2012… and the President released 12 years worth of his tax returns today… LOL, NEXT!
.
wrongo corpse patticake, the dem campaign wants all returns back to 1970 from romney, why should he when poser fake obama has ALL records under gubbmint seal ?
McQuan

Fishers, IN

#25 Apr 13, 2012
CHECK SIX wrote:
LYING WEASEL FINK HYPOCRITE!..a True ONE PERCENTER!!..BUFFIT also OWES the INFERNAL TAX FREAKS MILLIONS in owed taxes!!DAM HYPOCRITES!!!
And OBAMA just spent BILLIONS of Stimulus $$$$ to hire MORE INFERNAL agents to come after us!!...WOW!...What CRAP!!
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.
April foollllll 17th!!!;-00000000

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