The Obama’s probably have a lot more unreported income going straight from donors to the Caymans (or some muslim country) and that’s what the WH based its figures on.
The federal personal income tax system has failed. Time to abolish it.
Where's the problem?? Not the taxes....IT'S THAT SHE DIDN'T MAKE $790,000 !!!!!!!!!!!
Is the Obama Administration so delusional that it believes the American public doesn’t understand basic math?
YES, they are. What makes me so mad is that so called news agencies run with this BS without doing what you did.
If she’s married, has dependents, owns a home, gives to charity, or pays a substantial amount in State taxes, she could itemize her deductions using Schedule A, which would make her effective tax rate substantially less than the 18.4% I calculated here. What I am showing is her maximum possible effective tax rate.
Wait..the purple lipped prince made $800k...she made $95k...is he not supposed to give her approx $500k????
Ubama is a shameless, lying, piece of dog sh** and America will flush that turd down the toilet of history in November.
Absolutely.
His political base does not. Otherwise their heads would explode, if they understood the implications of 16 trillion$ in debt.
You’re right ... unless they included her payroll tax of $7K, which the left usually does.
It is their usual tactic when asked about 50% of the people paying zero taxes.
Just as the budget is quoted as $3.5T because they combine SSM with general budget items (even though they are funded by a separate payroll tax), they like to include all taxes a person paid, sometimes even adding in local sales taxes or whatever they need to make it look like those 50% are not freeloaders.
Can someone tell me why a secretary is making $95,000.00 ???And I’m sure she’s just one of several.
Something is puzzling me and perhaps you can help. The 0 and his wife—do they file one form together or do they each file a form? From what I have read they each gifted each of their daughters $12,000 for a total of $24,000 each or $48,000 altogether. It is my understanding that being first lady is an unpaid position so what was her source of income that she could make these gifts to her daughters? If she doesn’t have a separate source of income and the gifts were deducted from the form filed for the couple wouldn’t that be way over the legal limit they could deduct? I’m sorry if I am asking dumb questions but I have no idea how American income tax works.