Obamas Paid 20.4% in Taxes on $481,098 of Income in 2013 - Bloomberg
Clearly Obama is the most ineffective anti-colonial tyrant in the history of humanity: what a measly income for being the Dictator of America! I bet he doesn’t have even any lifesize gold statues, or a private zoo, or a full-size boat sitting in his garden.
President Barack Obama and his wife, Michelle, reported adjusted gross income of $481,098 for 2013, down 21 percent from last year, according to tax returns released today by the White House.
The Obamas paid $98,169 in federal taxes, including $2,310 imposed by the 2010 Affordable Care Act that he signed. That’s an effective income tax rate of 20.4 percent.
Meanwhile, Smokin’ Joe Biden and his wife Jill pulled in a little over $407,000 and paid out 23.7% in taxes. That’ll slow down those muscle car renovations Biden is alleged to enjoy. Jay Leno is quietly laughing in his garage.
[NOTE: Some sarcasm is contained in this report. Read and retweet with caution.]