Yet another lie from dear leader ...

[LWW]

Dear leader tells us that people like him want to pay more in taxes.

What does dear leader do in reality in 2009?

Use $514,819 in itemized deductions ... $9,732 in personal exemptions ... and use $1,696,390 in tax credits so that he could receive a refund of $8,287.

On income of $5,623,690 ... isn't it disingenuous to claim he wants to pay more, and then jump through all those hoops to get a refund of slightly more than 0.1%?

Ignoring all of his tax credits and deductions ... he only had $104,311 actually deducted in payroll taxes!

OH DEAR! (http://www.whitehouse.gov/sites/default/files/president-obama-2010-complete-return.pdf)

[LWW]

In 2010 (http://www.docstoc.com/docs/77018562/Obama-2010-Income-Tax-Returns) dear leader worked the system for a $12K+ refund.

Now, mind you, this isn't to criticize dear leader for minimizing his taxes ... this is to point out the lie that he wishes to pay more, and the dull minded folks who lick the spoon clean of such lies and beg for more.

[pooltchr]

Five and a half million in income...100K in taxes....

I don't have a calculator handy....what kind of effective tax rate is that????????????????????????????????


Steve

[LWW]

In his defense ... I'm confident the water and trash pickup was paid on time.