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Does Obama Pay Less Taxes Than His Secretary?

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

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?


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