Axelrod: No plans for Obama to donate extra to defray deficit despite low tax rate
http://www.foxnews.com/politics/2012...efray-deficit/
"A top campaign adviser to President Obama made clear Sunday that the president has no plans to chip in extra money from his own income to defray the deficit -- and would insist that the tax system itself be changed so that the wealthy pay more.
Campaign strategist David Axelrod was asked on "Fox News Sunday" whether the president might contribute more to the U.S. Treasury after the release of his tax returns showed Obama paid a lower effective tax rate than his secretary. The president and first lady Michelle Obama paid an effective rate of 20.5 percent on gross income of $789,674, a lower rate than the president's secretary -- who earned less than $100,000.
The 20.5 percent rate is also less than the 30 percent Obama wants top earners to pay under the so-called "Buffett rule." "
I guess Barry isn't willing to put his money where is mouth is. I wonder how many of his followers realize he's one of the rich he constantly demonizes.
Yes. The president should contribute his own money to fix the deficit instead if adjusting the taxation system. I feel I should write to Cameron and complain that he hasn't donated any of his own money either.Originally Posted by C.Puffs
I guess Barry isn't willing to put his money where is mouth is. I wonder how many of his followers realize he's one of those rich c0cksuckers he constantly demonizes.
Why would anyone pay more in tax than they're obligated to?
If only we all knew the real numbers , and not only in US but true statistical numbers globally , but yet i think the people in power would use that against us classicaly
You don't think it a bit hypocritical that he castigates a portion of the population at every turn, when he is guilty of the very same thing?
After all in 2009 he gave 31% of his income to charities and 14% in 2010.
He's not unique in that. MANY rich people give to charities. Does he ever acknowledge that? Nope.
Wharever he did, he made over a million a year and there should be a tax law to make him pay more.
He should lead by example.
Agree. Either way he is already leading by example by releasing his tax return.
If his own tax bill goes up along with the rest of the richs then not really.
Look at you Puffs! Rich people giving more money when the country is in need?! Who the hell are you and where is the Puffs we know and love?
Not really leading by example if plenty of Presidents prior have done it. It's pretty much common to do.
Maybe we should critique his 48k in "gifts", half of which was given to his daughters. Lets just assume he did that because he cared and not to get away from paying taxes.
Oh come now.... We all know that in an election year, reality is warped and history is reinterpreted. Buffet rule, Reagan rule, etc., etc.,
You said lead by example.... So, I made a point that it's not really leading if they ALL have done it for quite some time.
Hey atleast 100k? of his book sales have gone to help wounded vets. Kudos.
Romney already released his. Good to see Obama following suit.
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