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Levin asked, “How stupid does the president think we are?” He said that the idea that the most left-wing president, who wants to fundamentally change America, invokes Ronald Reagan amazes him. “I have news for him, we’re not that stupid.”

U.S. taxpayers can now use their iPhone to compare how much different plans to tackle the federal deficit would cost them in their yearly income taxes. Debt Bomb — based on the U.S. tax code and publicly available data from the Congressional Budget Office and other government sources — allows users to project how a raise in taxes would cost in their personal income taxes over the years. In order to make a projection, users input basic income tax data — modeled after what a household pays in taxes — into the app. “Debt is going to be one of...

Wrapping the flag around big-government excess isn’t going to workVice President Joe Biden says paying higher taxes is patriotic. He must have forgotten that America was founded on a tax revolt. While pitching the Obama administration’s plan on Thursday to boost the burden on upper-income groups, Mr. Biden said, “Wealthy people are just as patriotic as middle-class people, as poor people, and they know they should be doing more.” This skewed take on patriotism was quickly retweeted by the White House. The message fits with the shameful class-warfare appeals that claim tax hikes are needed to keep firefighters on the...

No wonder President Obama is so keen on passing the Buffett Rule -- it wouldn't have affected his tax rate this year! Yes, that's right: the Obamas raked in less than $1 million this year. Therefore, in a "Buffett Rule" world, they wouldn't have to pay their "fair share." President Obama earned $789,674 in 2011, the White House announced on Friday. However, with this income, he does not even qualify for the so-called Buffett Rule that he has promoted relentlessly and the Senate will take up on Monday. The Buffett Rule calls for those making over $1 million a year...

President Obama’s Secretary Paid Higher Tax Rate Than He Did President Obama today released his 2011 federal income tax, with he and his wife reporting an adjusted gross income of $789,674. The Obamas paid $162,074 in total tax – an effective federal income tax rate of 20.5%. The Obamas also reported donating approximately 22% of their income to charity — $172,130. President Obama has been making a big political push for the “Buffett Rule,” which would require millionaires to pay a minimum of 30% of their income in taxes. To illustrate the point, the president has pointed out that billionaire...

Never on Sunday, apparently. So this year your income tax is due next Tuesday, April 17. Even if you pay none. And in fact, 41 percent of those filing last year, 2010, didn’t pay a dime in tax. But the government sent a good number of them checks for $105 billion...

President Barack Obama released tax forms on Friday that reveal he will probably pay a higher tax rate on lower income than likely Republican opponent Mitt Romney in 2011, adding fuel to a Democratic election-year effort to raise taxes on the wealthy. Obama paid an effective tax rate of 20.5 percent on income of $789,674 last year, the White House said. Romney has estimated he will pay a 15.4 percent tax rate on income of $20.9 million, though he has not filed his return yet. Obama and his fellow Democrats have spent much of the week touting the "Buffett Rule,"...

President Obama believes that his effective federal tax rate requires him to pay less than his fair share -- but the White House also believes it is inappropriate to ask the president to write a check making up the difference voluntarily. "People like the President should not be able to -- the tax code should not written in a way that allows for -- for the wealthiest Americans to pay taxes at a lower rate than middle-class Americans," White House Press Secretary Jay Carney told reporters today. Earlier this week, Carney impugned the "classiness" of people who propose that wealthy...

President Obama and his wife, Michelle, reported adjusted gross income of $789,674 in 2011 and paid just over 20 percent of it to the federal government in taxes. Their income declined nearly $1 million from the previous year, when the president was reaping larger amounts from sales of his bestselling books. The numbers were disclosed in the Obamas’ federal income tax return and gift-tax return, released Friday by the White House, along with those of Vice President Joseph R. Biden Jr. Mr. and Mrs. Obama paid $162,074 in income taxes, an effective tax rate of 20.5 percent. In a statement,...

WASHINGTON (AP) -- President Barack Obama and his family paid more than $160,000 in federal taxes last year on earnings of $789,674, the White House said Friday. The president's 2011 federal income tax return shows that about half of the first family's income is the president's salary. The rest comes from sales of Obama's books.

President Obama and Vice President Biden released their tax returns today, ahead of Tax Day, which is on April 16 this year (since April 15 falls on a Sunday). According to the White House, "Together, [the Bidens] reported adjusted gross income of $379,035. The Bidens paid $87,900 in total federal tax for 2011. They paid $13,843 in Delaware income tax and $3,614 in Virginia income tax. The Bidens contributed $5,540 to charity in 2011." In other words, the Bidens donated less than 1.5 percent of their adjusted gross income to charity. The president and his family were more charitable, giving...

Dear Friend, In this video commentary, I discuss how we are becoming a country of people who pay no taxes and don’t work. Welcome to Obama’s new America. Tune in!

So, is there anyone left who still doesn’t recognize the absurd upside-down priorities of government driven by political correctness and environmental extremism? If so, get a gander at this news out of San Franciso (where else?): (CNSNews.com) – The government spent at least $205,075 in 2010 to ‘translocate’ a single bush in San Francisco that stood in the path of a$1.045-billion highway-renovation project that was partially funded by the economic stimulus legislation President Barack Obama signed in 2009. Yeah, a couple hundred grand of your tax money to move a bush. “Why?” you might ask. . .

If you’ve ever bought anything on the Internet, over the phone, or from a catalog, you might have noticed that when you buy from some stores, you don’t pay any state sales tax, but if you buy from other stores, you do. That’s because a Supreme Court decision protected out-of-state businesses from revenue-hungry states. But a new bill working its way through Congress would change all that, turning every online retailer into a sales tax collector. And that’s legislation Congress should reject.

Yippee!!!

Has anyone else gotten this email from the WH. My gf sent this to me. I copied the link off the email. Looks like it'll track you if you click on the link.

We agree with President Barack Obama. If any millionaires or billionaires don’t feel they are paying enough in federal taxes, they should pay more. We don’t wish to see really rich people wallowing in guilt. Warren Buffett and friends, get out your checkbooks. Nothing’s stopping you. In what had all the trappings of a reelection stunt, the president this week lined up four “patriotic” millionaires and four of their less-wealthy assistants, who we are told pay a higher tax rate than do their rich bosses. These millionaires are “patriotic,” we were told, because they feel they should pay more in...

Stumping for his “Buffett Rule” tax increase in Florida today, President Barack Obama said the following: “For those people who make under $250,000 a year – like 98 percent of American families do – then your taxes don’t go up.” – Barack Obama, April 10, 2012 But since taking office, President Obama has signed into law at least seven new or higher taxes on families making less than $250,000 per year. President Barack Obama’s central campaign promise – a “firm pledge” against “any form of tax increase” on families making less than $250,000 per year – was shattered when he...

Obama and his rich pals think you are just another useful idiot like the Occupy (OWS) crowd. While Obama seeks to enact the “Buffett Rule” to place a higher tax burden on families/small businesses that make $250K per year or more, his Internal Revenue Service (IRS) is suing Warren Buffett. Obama’s pal just doesn’t want to pay his taxes… but he has no problem stumping for Obama and calling for a higher tax burden on families and small businesses. “Get this: Uncle Sam is suing Warren Buffett’s company over taxes. Yes, taxes. The US government, in a little-followed case in...

Today's Republicans might view Ronald Reagan as a "wild-eyed, socialist, tax-hiking class warrior," and the late conservative icon's views on taxes might have disqualified him from the party's nomination in 2012, President Barack Obama said Wednesday. Obama, defending his "Buffett Rule" call for higher taxes on the very rich, said in a speech that he was "not the first president to call for this idea that everybody has got to do their fair share." He went on to say: Some years ago, one of my predecessors traveled across the country pushing for the same concept. He gave a speech where...