‘STILL lying his a*s off’: Obama tells vapid crowd he’s PROUD to pay 40 cents on every dollar in taxes, gets BUSTED by his tax return

Just Go Away Biden we don’t need you anymore please return to your Castle on the hill and feed the Moat Monsters

“The Obamas paid $81,472 in total tax. The President’s effective federal income tax rate is 18.7 percent.”

The statement above is deliberately deceptive. (As in, Sam J is a liar, and anyone who unquestioningly believes this sort of hogwash is being duped.) $81,472 is only the total of federal income taxes that the Obamas paid. Do state, county, local, and sales taxes not count as taxes? Do FICA taxes not count as taxes? They’ve sure as hell always been part of the total taxes that have come out of my pocket.

I’m not the least bit surprised that the Obamas paid 40 cents of every dollar of income in total taxes. Nor am I surprised that they paid over 10 times as much in federal income taxes as Donnie Boy.

@Greg: Why do they count for the only President awarded with lie of the year but not for Trump. so you knew you lied when you said 750 bucks.We know just property tax on Mara Largo is over a half million, that is just one property.

@Deplorable Me, #4:

We’re talking federal taxes.

That’s not what Lying Sam J said. He conflated total taxes with federal taxes. I saw him do it, like an unskilled two-bit grifter running a clumsy corner shell game:

“The Obamas paid $81,472 in total tax. The President’s effective federal income tax rate is 18.7 percent.”

What clever verbal sleight of hand! I am totally taken in! Was that the pea rolling across the sidewalk?

Obama never claimed to pay 40 cents of every dollar in federal taxes. He was talking total taxes. A family or individual’s tax burden includes everything, not just one thing or another. Our normal concern is what we have left to meet our expenses.

@Greg:

That’s not what Lying Sam J said. He conflated total taxes with federal taxes. I saw him do it, like an unskilled two-bit grifter running a clumsy corner shell game:

Did you miss this?
“The Obamas paid $81,472 in total tax. The President’s effective federal income tax rate is 18.7 percent.”

Even if you add up what the Obama’s paid in state income tax and property taxes, they paid a total of 29% in taxes.

But here’s the question; Obama’s AGI was $290,640.00 according to the tax return you provided for 2105. That is after allowable deductions. He paid 28% in federal taxes on the AGI. But here is the tax schedule for 2015:

Table 1. 2015 Taxable Income Brackets and Rates
Rate Single Filers Married Joint Filers Head of Household Filers
ons.
10% $0 to $9,225 $0 to $18,450 $0 to $13,150
15% $9,225 to $37,450 $18,450 to $74,900 $13,150 to $50,200
25% $37,450 to $90,750 $74,900 to $151,200 $50,200 to $129,600
28% $90,750 to $189,300 $151,200 to $230,450 $129,600 to $209,850
33% $189,300 to $411,500 $230,450 to $411,500 $209,850 to $411,500
35% $411,500 to $413,200 $411,500 to $464,850 $411,500 to $439,000
39.6% $413,200+ $464,850+ $439,000+

Why didn’t the Obama’s pay the 33% as per schedule?

@Greg:

The statement above is deliberately deceptive.

That describes everything you sh*theads say about Trump’s tax returns…and everything else.

Get bent.

@retire05, #9:

Did you miss this?

Obviously I didn’t miss it, because I quoted that particular deceptive paragraph word for word.

Did you look at the the Obamas’ linked tax return for the year in question? $81,472 on line 63 is the total FEDERAL taxes paid, not the the total of all taxes paid.

Even if you add up what the Obama’s paid in state income tax and property taxes, they paid a total of 29% in taxes.

WRONG.

The Obama’s live in Washington DC. In addition to federal income taxes, they pay a district income tax at a rate of 8.95%, a 6% sales tax, real estate taxes at a rate of 0.55%, and FICA taxes. If you want to get a rough idea of how that works out, plug their income of $394,454 into this tax estimate calculator for a married couple living in the District of Columbia for year 2019 and look at the results yourself. That will yield an effective tax rate of 32 percent, but this is without counting their real estate taxes or their 6 percent DC sales tax. As of 2012, annual property tax on their home at 2446 Belmont Rd NW in Washington was $34,700; that amount won’t have gone down since they purchased it.

Adding real estate taxes in pushes their total taxes paid to over 40 percent of their total income for the year, and that’s without including DC’s 6 percent sales tax.

I think that pretty much establishes that you don’t know what you’re talking about.

@Greg: But we aren’t adding up Trump’s income, state, sales, real estate or fees on disposable bottles, are we? Can you NEVER compare apples and apples? Can you NEVER discuss facts and truth? Why don’t you ask yourself why the left has to LIE about everything?

@Greg:

They got rich from the publication of several internationally best selling books, from many highly paid celebrity speaking engagements following their time in the White House, and from having wisely invested the proceeds.

Which no one but their cult following would bother buying or attending. They are corrupt liars, too.