Obama Tax Rate Near Romney's

Originally posted by sasquatch672
This is six months old, but it's 3 degrees outside, and I'm a little bored. Still more hypocrisy from the Left: remember when Obama slammed Romney for obeying the law and paying a 15% capital gains rate? As it would turn out:



Obama's tax rate is 18.4 percent. Is that too low for a millionaire?

The release of President Obama's tax returns la ...[text shortened]... pay in solidarity with government workers affected by the sequester), it’s probably not working.

Romney paid 13.9%, during the election year, I thought. Not 15%

Not that it matters. They are both crooks.

Originally posted by Hugh Glass
Obama has a job?,, could have fooled me,, what is his job description? Provide shovel ready jobs? Start an economic council, attend one meeting then disband it?
Lol,, I don't think he'll make the cut at golf or BB.. I think he should have kept his license to practice law updated..

Try reading the Constitution. The job description is there.

Originally posted by no1marauder
How is it "hypocrisy"? He, unlike Romney, has made proposals that would have increased taxes on individuals and families with incomes at his levels.

Team Obama took Romney apart on the tax rate he paid. Now Obama is paying a very similar rate. Come on. You're a very smart guy.

And, Obama's actually raised taxes on the middle class all kinds of ways. When is enough enough? How much money do you need to shovel in to the government maw?

Originally posted by sasquatch672
Team Obama took Romney apart on the tax rate he paid. Now Obama is paying a very similar rate. Come on. You're a very smart guy.

And, Obama's actually raised taxes on the middle class all kinds of ways. When is enough enough? How much money do you need to shovel in to the government maw?

I'm afraid you don't know what the word "hypocrisy" means.

Taxes have been cut for the middle class, not raised, under Obama.

Originally posted by no1marauder
I'm afraid you don't know what the word "hypocrisy" means.

Taxes have been cut for the middle class, not raised, under Obama.

You're allowed to think that.

Originally posted by sasquatch672
This is six months old, but it's 3 degrees outside, and I'm a little bored. Still more hypocrisy from the Left: remember when Obama slammed Romney for obeying the law and paying a 15% capital gains rate? As it would turn out:



Obama's tax rate is 18.4 percent. Is that too low for a millionaire?

The release of President Obama's tax returns la ...[text shortened]... pay in solidarity with government workers affected by the sequester), it’s probably not working.

Obama's tax rate 18.4%

Romney's rate 13.9%

So Romney paid 4.5% LESS in taxes while making about 30x More.

More over Obama donated almost a quarter of his income to charity. Romney's taxes are lowered in part through off shore accounts.

Originally posted by sasquatch672
Why do you sound so reasonable this week?

You're correct - the argument was over the rate that Romney paid; I never suggested otherwise. But the bee in my bonnet on this particular day is Obama has said, so many times, that "the rich should pay their fair share". Well, Obama's rich, and according to him, he's now not paying his fair share. It's just more hypocrisy from him. His stench - I can't bear it.

I always sound reasonable; perhaps you've just been absorbing some of my infinite wisdom, thus making me seem more reasonable than previously.

I don't see the hypocricy as long as Obama is saying that wealthy people should pay more taxes, which he is, although he hasn't really put his weight behind raising taxes for the wealthy (I would personally rate undertaxation of the wealthy as the number one problem of the US economy).

Originally posted by KazetNagorra
I always sound reasonable; perhaps you've just been absorbing some of my infinite wisdom, thus making me seem more reasonable than previously.

I don't see the hypocricy as long as Obama is saying that wealthy people should pay more taxes, which he is, although he hasn't really put his weight behind raising taxes for the wealthy (I would personally rate undertaxation of the wealthy as the number one problem of the US economy).

Mmm...I think there are lots of structural problems not just with the economy, but with society in general. Undertaxation of the wealthy - and believe me, I don't think that Wall Street has done America or the world any favors in the last thirty years - would rank low on my list.