Saturday, April 14, 2012

Obama Family Tax Shelter

Obama Family Tax Shelter | Washington Free Beacon
The Obamas paid a total federal tax rate of 20.5 percent on a gross adjusted income $789,674, which would typically fall within the top federal rate of 35 percent.
 According to an analysis of the president’s tax return, he may have paid a lower rate than his secretary despite making more than eight times as much money as she did.

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