Does Obama Pay Less Taxes Than His Secretary?
Courtesy of the class division SWAT team, we already know all too well that Buffett had a lower tax rate than this secretary. We however have a question: according to just released data, the Obama's paid $789,674 in taxes in 2011...
- OBAMAS PAID 20.5% IN TAXES ON $789,674 IN 2011
From Bloomberg: "President Obama, wife Michelle had adjusted gross income of $789,674 in 2011, paid $162,074 in taxes, according to federal tax returns released by White House."
Source: White House
So... inquiring minds want to know if the Fairness Expert in Chief paid less than his secretary in 2011?