Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obamas pay $98,169 in taxes on income of $481,098
http://www.washingtonpost.com/politics/obamas-pay-98169-in-taxes-on-income-of-481098/2014/04/11/9ba2 ^

Posted on 04/11/2014 12:05:41 PM PDT by Sub-Driver

Obamas pay $98,169 in taxes on income of $481,098

Associated Press 21 minutes ago

WASHINGTON (AP) — The White House says President Barack Obama and Michelle Obama paid just over $98,000 in taxes on income of nearly half a million dollars last year.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: obama; obama1040; obamapersonaltaxes; obamataxreturn
Navigation: use the links below to view more comments.
first 1-5051-55 next last
Hey, pay your fair share........
1 posted on 04/11/2014 12:05:41 PM PDT by Sub-Driver
[ Post Reply | Private Reply | View Replies]

To: Sub-Driver

How much of his stolen loot did he not report?


2 posted on 04/11/2014 12:06:54 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

20.4% is a nice tax bracket


3 posted on 04/11/2014 12:07:35 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

That is LESS than most people at that income level pay. What a hypocrite.


4 posted on 04/11/2014 12:08:29 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: driftdiver

yes - how come i’m subject to the AMT and he isn’t?


5 posted on 04/11/2014 12:08:46 PM PDT by jtal (Runnin' a World in Need with White Folks' Greed - since 1492)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Sub-Driver

Their taxes would pay for one day of their extravagant vacations.


6 posted on 04/11/2014 12:10:07 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

sheesh... less than 22 percent... must be nice to be ruler...


7 posted on 04/11/2014 12:11:07 PM PDT by latina4dubya (when i have money i buy books... if i have anything left, i buy 6-inch heels and a bottle of wine...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: driftdiver

What about the other S.S. numbers he has and what about his numerous offshore accounts.


8 posted on 04/11/2014 12:12:19 PM PDT by chiefqc
[ Post Reply | Private Reply | To 3 | View Replies]

To: All

Don’t forget the 100 million dependents.


9 posted on 04/11/2014 12:12:39 PM PDT by Peter ODonnell (It wasn't this cold before global warming)
[ Post Reply | Private Reply | To 7 | View Replies]

To: driftdiver

Just dang his eff rate is lower than mine.


10 posted on 04/11/2014 12:12:40 PM PDT by Principled (Obama: Unblemished by success.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: driftdiver

20.4 is slightly less than my 21. He must have a better CPA.


11 posted on 04/11/2014 12:12:41 PM PDT by dblshot (I am John Galt.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Opinionated Blowhard

I pay that much tax on about half that income.

He must own a lot of bonds OR the IRS just gives him a pass, as they are his bee-otches.


12 posted on 04/11/2014 12:13:25 PM PDT by SampleMan (Feral Humans are the refuse of socialism.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Sub-Driver

Not a very good job of distributing his own wealth.

Besides, they don’t really want to distribute wealth. Bill Clinton is worth over $100 million. You think they want to redistribute that wealth? No. They want to redistribute your INCOME. The wealthy Hollywood elite don’t want to redistribute their wealth either. You think George Clooney wants to redistribute any of his houses? No. He wants you to pay more income taxes.


13 posted on 04/11/2014 12:13:36 PM PDT by boycott
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

How much has the American taxpayer contributed for all these trips they are taking each year?


14 posted on 04/11/2014 12:15:03 PM PDT by McGruff (I wouldn't be surprised if Jeb Bush pulled a Charlie Crist)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver
How do these bastards get away with 20.5%?

I have a pretty good accountant and pay 25% for income a lot less than $481,098.

Something ain't right!

15 posted on 04/11/2014 12:18:53 PM PDT by The Cajun (tea party!!!, Sarah Palin, Mark Levin, Ted Cruz, Mike Lee, Louie Gohmert......Nuff said.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: The Cajun

perhaps he’s writing off vacation expenses as work related.


16 posted on 04/11/2014 12:25:49 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: driftdiver

which is a neat trick, since he didn’t pay for them….


17 posted on 04/11/2014 12:32:10 PM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Moonman62
Their taxes would pay for one day of their extravagant vacations . . .

Not counting the cost of flying them there in Air Force One.

18 posted on 04/11/2014 12:33:36 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 6 | View Replies]

To: driftdiver
perhaps he’s writing off vacation expenses as work related.

I think he would catch hell proving he worked, thus far, during his ongoing 5 year paid vacation.

19 posted on 04/11/2014 12:33:48 PM PDT by The Cajun (tea party!!!, Sarah Palin, Mark Levin, Ted Cruz, Mike Lee, Louie Gohmert......Nuff said.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: jtal

Correct, AMT says 28% of income minus charitable contributions and mortgage dediction, which he doesn’t have. Some modification for capital gains. Something doesn’t smell right.


20 posted on 04/11/2014 12:35:45 PM PDT by crusty old prospector
[ Post Reply | Private Reply | To 5 | View Replies]

To: driftdiver
perhaps he’s writing off vacation expenses as work related.

Yea, he earned $498K for the year and spent $650 million on travel and leisure. Very clever.

21 posted on 04/11/2014 12:36:54 PM PDT by Cementjungle
[ Post Reply | Private Reply | To 16 | View Replies]

To: Sub-Driver

It is nice to be king.


22 posted on 04/11/2014 12:38:11 PM PDT by dforest
[ Post Reply | Private Reply | To 1 | View Replies]

To: crusty old prospector

They should pay taxes on their government bennies


23 posted on 04/11/2014 12:38:27 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Sub-Driver

Living the good life

24 posted on 04/11/2014 12:38:34 PM PDT by Nachum (Obamacare: It's. The. Flaw.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver
I guess it is a good thing that he gets all those taxpayer funded vacations.

Now explain to me how 0bama's wealth went from peanuts to in excess of $12 Million in four years. I keep multiplying his "salary" and somehow, it just doesn't add up. Must be "Common Core" math.

25 posted on 04/11/2014 12:39:27 PM PDT by The Sons of Liberty (Who but a TYRANT shoves down another man's throat what he has exempted himself from?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: driftdiver

Probably paid less percentage wise than the White Hut janitor.


26 posted on 04/11/2014 12:40:20 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
[ Post Reply | Private Reply | To 3 | View Replies]

To: driftdiver

Joe Insurance Policy giving 5% to charity - NO WAY. He gave less than 1% last year.


27 posted on 04/11/2014 12:40:23 PM PDT by NTHockey (Rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Sub-Driver

If the $481,098 is GROSS income then the % calculation is misleading.

What was the NET TAXABLE income? That would raise the percentage but probably not by much.


28 posted on 04/11/2014 12:41:48 PM PDT by Fledermaus (I support Joe Carr in the TN GOP Primary against Lamar!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GeronL

It is pretty easy to donate $59,000 to charity as a deduction when the rest of us comrades are doing all of the heavy lifting for His Highness. Free lodging, assorted chefs, vacations, etc.


29 posted on 04/11/2014 12:43:03 PM PDT by crusty old prospector
[ Post Reply | Private Reply | To 23 | View Replies]

To: Sub-Driver

“Their largest charitable gift, $8,751, went to the Fisher House Foundation, which supports military families.”

That must have chaffed when they wrote that check.

Of course our military are being killed and wounded Obama ‘s “former” co-religionists.

Allah crapbar.


30 posted on 04/11/2014 12:45:16 PM PDT by Yehuda (Search youtube and listen to "Islams Not For Me".)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Well, I would imagine that they probably stashed away another billion behind the scenes. Tax-free.


31 posted on 04/11/2014 12:46:01 PM PDT by Cicero (Marcus Tullius)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Yehuda

It is very telling that their largest donation was not their tithe. I guess that since he is Caesar, he is rendering unto Himself.


32 posted on 04/11/2014 12:47:52 PM PDT by crusty old prospector
[ Post Reply | Private Reply | To 30 | View Replies]

To: Sub-Driver

Not counting any money held over in the Campaign to re-elect the President account.


33 posted on 04/11/2014 12:48:24 PM PDT by AU72
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver
Lifestyles of the Rich and famous photo: Lifestyles of the Liberal Rich and Famous Lifestyles.jpg I suppose we need Kathleen Parker to explain how all of this largesse is really OK, her being a conservative and all.
34 posted on 04/11/2014 12:50:01 PM PDT by tumblindice (Are all Democrats inveterate, habitual liars?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

One thing King Barry never has to worry about is an audit.


35 posted on 04/11/2014 12:50:03 PM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

I would like to see his entire tax return, not just parts of it. There are probably some K-1 income tied to tax shelters or something that would bring his effective tax rate down to about 20%. Something stinks.


36 posted on 04/11/2014 12:52:10 PM PDT by forgotten man
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cicero

You would be wrong. Their accounts off shore likely measure in the tens of billions.

look at the debt increase. Factor a measley 10% skim and you’ll be close


37 posted on 04/11/2014 12:53:12 PM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
[ Post Reply | Private Reply | To 31 | View Replies]

To: Yehuda

$8751?

Who writes a check to a charity for a random number like that?

I could see $8500, $9000, or even $8750. But $8751? That just seems odd.


38 posted on 04/11/2014 12:53:56 PM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
[ Post Reply | Private Reply | To 30 | View Replies]

To: forgotten man

With his income, he should be at the beloved 39.6% rate.
Guess he got to write the rules since he runs the IRS.
Bet he paid his taxes with other people’s money.

It’s good to be the Kenyan dictator.


39 posted on 04/11/2014 12:56:08 PM PDT by Texas resident (The democrat party is now the CPUSA)
[ Post Reply | Private Reply | To 36 | View Replies]

To: Nachum

SNORT!


40 posted on 04/11/2014 12:57:23 PM PDT by Sub-Driver (Proud member of the Republican wing of the Republican Party)
[ Post Reply | Private Reply | To 24 | View Replies]

To: Peter ODonnell
Don’t forget the 100 million dependents.

LOL! Too true!

41 posted on 04/11/2014 12:58:35 PM PDT by fwdude ( You cannot compromise with that which you must defeat.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: All

actually, the first thing I thought of when I saw the income total was, this is proof that he (and any president then), is just a puppet. do you really thing guys like Bloomberg or soros who are worth billions, would let a guy worth a relative piddling, run this world.


42 posted on 04/11/2014 1:00:14 PM PDT by willywill
[ Post Reply | Private Reply | To 7 | View Replies]

To: The Cajun

because you only pay the top tax rate for the amount over the threshold and not for the entire amount.


43 posted on 04/11/2014 1:04:05 PM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Sub-Driver

Thats our tax $$ we pay for him. The rest is gratis dineros so he can play around and have fun in the Peoples House.


44 posted on 04/11/2014 1:07:41 PM PDT by tflabo (Truth or Tyranny)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

40 Grand a month, plus all the benefits. Endless food, parties, golf, vacations.

I could live on that.


45 posted on 04/11/2014 1:18:25 PM PDT by lurk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

only 20% of their income???? Greedy bastards.

They had: free food, free boarding, free travel expenses, and STILL only paid 20% of their substantial income.

Think about that.

Of course, their BASE is also made up of a great many people who have their room and board paid for and pay 0% in taxes. Of course, they have no earned income either.


46 posted on 04/11/2014 1:25:41 PM PDT by SoFloFreeper
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sub-Driver

Sorry. I just had to add the “Crime” topic.

Every article having anything about nobama should use the crime topic.


47 posted on 04/11/2014 1:53:32 PM PDT by upchuck (Support ABLE, the Anybody But Lindsey Effort. Yes, we are the ABLE!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dblshot

He’ll never be audited!


48 posted on 04/11/2014 2:04:09 PM PDT by SgtHooper
[ Post Reply | Private Reply | To 11 | View Replies]

To: tumblindice

No way is it only 10 Mil for 17 trips. More like 100 million at a minimum.


49 posted on 04/11/2014 2:07:12 PM PDT by SgtHooper
[ Post Reply | Private Reply | To 34 | View Replies]

To: SgtHooper

I believe those numbers like I believe all those who have signed up for odumbocare have paid their “entry fee”.

Bastards will live about anything/everything to make themselves look good.


50 posted on 04/11/2014 2:09:59 PM PDT by DaveA37
[ Post Reply | Private Reply | To 49 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-55 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson