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DEBUNKING OBAMA'S TAX DEMAGOGERY
Dick Morris Report ^ | October 1, 2011 | Dick Morris & Eileen McGann

Posted on 10/01/2011 9:47:06 PM PDT by Sen Jack S. Fogbound

DEBUNKING OBAMA'S TAX DEMAGOGERY

By DICK MORRIS & EILEEN MCGANN

Published on DickMorris.com on October 1, 2011

When President Obama says that the rich don't pay their share of taxes, he is lying, distorting, and demagoging.

Here are the facts according to the IRS:

• Those making more than $1 million pay 24% of income in taxes • Those making $200,000 to $300,000 pay 17.5% • Those making $100,000 to $125,000 pay 9.9% • Those making $50,000 to $60,000 pay 6.3% • Those making $20,000 to $30,000 pay 2.5%

And what of millionaires who pay no taxes?


TOPICS: News/Current Events
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Very interesting facts!
1 posted on 10/01/2011 9:47:08 PM PDT by Sen Jack S. Fogbound
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To: Sen Jack S. Fogbound
If those figures are correct I must have a lousy tax accountant (me) I've paid a minimum of 15 to 17 % for forever, and that is as calculated by Turbo Tax.
2 posted on 10/01/2011 10:00:11 PM PDT by flyover
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To: flyover

Ok it is late and I read what the stats say in the wrong way.


3 posted on 10/01/2011 10:05:15 PM PDT by flyover
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To: flyover
I've paid a minimum of 15 to 17 % for forever, and that is as calculated by Turbo Tax. <<<

LMAO!...Turbo Tax???????...Good news and bad news....1st! u owe back taxes cause u didn't answer the questions honestly.....BUT..I think with your qualifications..I can get u a job as Secretary of the Treasury...Please forward your salary request to B.H Obama...

4 posted on 10/01/2011 10:29:39 PM PDT by M-cubed
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To: Sen Jack S. Fogbound

Those figures do not look right according to my annual tax return. I pay more than these stats say and that is with deductions. LOL!


5 posted on 10/02/2011 2:53:19 AM PDT by Sprite518
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To: flyover
If those figures are correct I must have a lousy tax accountant (me) I've paid a minimum of 15 to 17 % for forever, and that is as calculated by Turbo Tax.
6 posted on 10/02/2011 4:12:08 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: aflaak

Ping


7 posted on 10/02/2011 10:11:07 AM PDT by r-q-tek86 ("It doesn't matter how smart you are if you don't stop and think" - Dr. Sowell)
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