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Originally Posted by Origin
President just paid less taxes then his secretary.
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warren buffet's secretary also pays more taxes than him. he said himself that they needed to tax him more...
Quote:
Originally Posted by mantas
What? He is the one who proposes the tax hikes yet he did not pay diddly squat in taxes. He is one of the rich that does not contribute. Ron Paul would knock the president's salary to 40k something. Lead by example not by your word.
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this isn't obama's 'fault'.
it's not the fact that he's paying very little taxes, its the tax code that allows it. he probably has hired VERY aggressive tax accountants who looked into every loop hole to save him a buck...
My close friend nets $500k a year. that's NET- after taxes and expenses. he only had to pay around ~$30k in taxes.
his accountant was a previous IRS employee turned CPA for businesses. he obviously knows what he's doing, and is able to save my friend money. lots of money.
all these tax cuts and credits has allowed businesses to cheat the government out. can you guess where they make it up from????- the middle class and the poor. they are the ones to suffer.