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  1. #1

    Obamas tax return just published

    They earned $789,674 and paid $162K in taxes. Thats roughly 20%. What happened to the FAIR taxes paid. Thought he said it needed to be no where lower than 30%. He should write a check for the remaining 10% to be fair. Wonder if he will.

  2. #2
    Quote Originally Posted by tsjct View Post
    They earned $789,674 and paid $162K in taxes. Thats roughly 20%. What happened to the FAIR taxes paid. Thought he said it needed to be no where lower than 30%. He should write a check for the remaining 10% to be fair. Wonder if he will.
    I am not defending The President, but is this a law?

  3. #3
    Quote Originally Posted by tsjct View Post
    They earned $789,674 and paid $162K in taxes. Thats roughly 20%. What happened to the FAIR taxes paid. Thought he said it needed to be no where lower than 30%. He should write a check for the remaining 10% to be fair. Wonder if he will.
    That'd be a good political move for him. I actually think it's cool that he released them.
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  4. #4
    $789,674 for one year? isnt that weak? its alot of money, but president of the USA? i thought he would bring that in each month lol
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  5. #5
    Quote Originally Posted by Frantiic View Post
    $789,674 for one year? isnt that weak? its alot of money, but president of the USA? i thought he would bring that in each month lol
    That is a lot of money. You have to remember that they do not have to pay for food, transportation, housing and all the extra perks that they get.

  6. #6
    the US President is paid 400,000 US per year


    And why should he write a check back to them?

    I wouldnt...the Tax Law allows him to pay that amount and with certain tax breaks and credits.
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  7. #7
    We have to remember this is what he CLAIMED. I am sure there was a lot more money he did not claim. He was a Millionaire before he got into the White house.

  8. #8
    Quote Originally Posted by tsjct View Post
    We have to remember this is what he CLAIMED. I am sure there was a lot more money he did not claim. He was a Millionaire before he got into the White house.
    Just because someone is a millionaire doesn't mean they make a million a year. I would doubt there's much that's unclaimed on there, he understands the criticism he'd face if found out.
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  9. #9
    Quote Originally Posted by pghin08 View Post
    Just because someone is a millionaire doesn't mean they make a million a year. I would doubt there's much that's unclaimed on there, he understands the criticism he'd face if found out.
    my point was 762K to him is just chump change. If anyone thinks that 762K to Obama is alot of money they are fooling themselves.

  10. #10
    Quote Originally Posted by tsjct View Post
    They earned $789,674 and paid $162K in taxes. Thats roughly 20%. What happened to the FAIR taxes paid. Thought he said it needed to be no where lower than 30%. He should write a check for the remaining 10% to be fair. Wonder if he will.
    you're complaining about him paying what he owes under the current tax code? Even if he thinks the rich should pay more tax, if he's paying the amount that he owes under the current system I don't see the gripe outside of just finding something to gripe at.
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