Obama pays lower tax rate than his secretary
April 13th, 2012
04:12 PM ET
2 years ago

Obama pays lower tax rate than his secretary

New York (CNNMoney) - Move over Warren Buffett.

The White House said Friday that President Obama has a lower effective tax rate than his secretary.

FULL STORY

Filed under: President Obama • Taxes • White House
soundoff (26 Responses)
  1. vic , nashville ,tn

    Raise the tax

    April 13, 2012 04:13 pm at 4:13 pm |
  2. The Greedy Old Pigs declared class war on US!

    Well, that's the way the GOBP wants our tax code to work, so lets see how many of our rightwing extremists come out and wholeheartedly support this outcome.

    April 13, 2012 04:16 pm at 4:16 pm |
  3. SUBS 4 VOTES

    the President knows that's not fair. What part of that equation don't republicans understand?
    LISTEN TO REAGAN!!!

    April 13, 2012 04:16 pm at 4:16 pm |
  4. The Real Truth and Nothing But the The Real Truth

    Lying, cheating, thieving 1%er!!! I KNEW IT!! Living off the rest of us. PAY YOUR FAIR SHARE MILLIONAIRE!!! (hahaha this is fun! I feel like an OWS slug!)

    April 13, 2012 04:18 pm at 4:18 pm |
  5. Dominican mama 4 Obama (the real one)

    Yes and Buffet pays a tax rate lower than HIS secretary. The President has been talking about addressing this "inequity" for qutie sometime. Try and catch up CNN.

    April 13, 2012 04:18 pm at 4:18 pm |
  6. kayla

    i too pay more taxes than my boss.

    April 13, 2012 04:21 pm at 4:21 pm |
  7. Chipster

    Well, Duh! Have any of you been paying attention at all? Isn't this exactly what the President has been talking about when he says people like him and Warren Buffet should not pay a lower percentage of their income than those earning less? Hey, Guys: it's the OTHER Party that wants to prevent people in the higher income brackets from paying their fair share! In fact, some of them think that people like Mitt Romney should pay nothing on the millions of dollars they receive from investment earnings. Think about that – if Romney gets millions of dollars from the work his money does, not the work HE does, they think he shouldn't have to pay tax on that income! I've heard this "job creator" nonsense until I want to puke! If it's "income," it should be taxed. I'd love to see a single percentage across the board – no deductions for anything or anyone.

    April 13, 2012 04:26 pm at 4:26 pm |
  8. joe_political_spectacle

    I too pay less tax than my secretary thanks to the GOP! I love the RINO – My country first! Big joke.... it is my pocket first!

    April 13, 2012 04:26 pm at 4:26 pm |
  9. Fair is Fair

    Well, I'm no fan, but as long as it's legal, I really don't care.

    April 13, 2012 04:27 pm at 4:27 pm |
  10. obama victim

    if Barry feels this is not fair....he is free to write an extra check......anyone think he will??

    April 13, 2012 04:28 pm at 4:28 pm |
  11. The Real Truth and Nothing But the The Real Truth

    YES!! Collect more taxes!! I hear the GSA folk have big vacation, ooops I mean educational opportunities, in Tahiti!! Thank you for your cooperation...

    April 13, 2012 04:31 pm at 4:31 pm |
  12. cali girl

    Real truth, my guess is you didn't read the entire article. Obama earned 700k range, and paid around 32%. We know Robmey paid 13.9% on 20 million.

    April 13, 2012 04:38 pm at 4:38 pm |
  13. The Real Truth and Nothing But the The Real Truth

    Doncha just love it when the looney left get tangled up in their own class warfare rhetoric?! Yeah, me too!!

    April 13, 2012 04:42 pm at 4:42 pm |
  14. American

    President Obama supports a better system where he pays a higher & fairer share.

    Romney is pushing for the Ryan scam, so Mitt will pay zero taxes on his capital income to make the unfair disparity in the tax codes even worse.

    April 13, 2012 04:47 pm at 4:47 pm |
  15. Lynda/Minnesota

    The general principle behind the rule is that millionaires and billionaires like investor Warren Buffett shouldn't pay a lower percentage of their income in federal taxes than middle-class households, and specifically their secretaries.

    Buffett first proposed the idea last August, and in January, Obama made it a centerpiece of his State of the Union address. Buffett's secretary, Debbie Bosanek, attended the speech as a guest of the White House.

    That proposal is expected to come up for a vote in the Senate next week, but has no chance of being approved by the Republican-controlled House
    ------------

    Am I correct in assuming that the fact that a secretary (even the secretary of the President of the United States) ends up paying a higher tax rate than a millionaire is exactly what ignited the "proposal that is expected to come up for a vote in the Senate next week, but has no chance of being approved by the Republican-controlled House"?

    Rather ingenious of the right to try and spin this as anything less than good for working moms holding down two jobs: motherhood and wage earner.

    April 13, 2012 04:47 pm at 4:47 pm |
  16. The Real Truth and Nothing But the The Real Truth

    The REAL injustice here is that Obama's secretary works MUCH HARDER than he does and doesn't get anywhere near the same number of vacations. I say we give her HIS salary and him HER salary and call it even. Besides, he's a millionaire and should even be collection a government pay check. Romney didn't collect HIS check when he wa sgovernor so Obama should be held to the same standard.

    April 13, 2012 04:56 pm at 4:56 pm |
  17. GI Joe

    Change the rules - make all the bosses pay a fair share. That's the point President Obama has been trying to make for 3 years. Don't sit there griping, write your senators and representatives. Don't have guts enough to do it, do you. I already have. Have a big file of their responses, too.

    April 13, 2012 05:00 pm at 5:00 pm |
  18. 100% ETHIO

    ..cause, you voted the poor guy who lived near by the Barbershop.
    We should ask how much that /?\ Barbie taxed.

    April 13, 2012 05:06 pm at 5:06 pm |
  19. NotFooledByDistractions

    "Obama pays lower tax rate than his secretary"

    Which is wrong, and which is also exactly why he's fighting for tax fairness.

    April 13, 2012 05:08 pm at 5:08 pm |
  20. pjoe

    So what's the secretary's name and how much is he/she making in? Is he/she a full-time employee? Does he/she get a pension? Average salary in DC is over 100,000 a year + benefits.

    Why doesn't Obama do the right thing and volunteer to pay more taxes ... at least as much as he thinks is fair?

    April 13, 2012 05:19 pm at 5:19 pm |
  21. SOUTHERN HOTTIE

    @air is Fair
    Well, I'm no fan, but as long as it's legal, I really don't care.

    April 13, 2012 04:27 pm at 4:27 pm |
    ********************************************************************************
    Yeah you do. That's why you post here just as much as I do. Hypocrite.

    April 13, 2012 05:23 pm at 5:23 pm |
  22. Mercyme

    @pjoe
    Obviously idiot, you either didn't read the story and/or didn't pay attention to it. He was making the point that he 'should' be paying more taxes than his secretary. Hence his trying to get the Buffet rule passed. You righties will try to spin anything.

    April 13, 2012 05:33 pm at 5:33 pm |
  23. The Real Truth and Nothing But the The Real Truth

    Did Obama declare all of these taxpayer paid for vacations for him and his family as income?

    April 13, 2012 05:37 pm at 5:37 pm |
  24. Gurgyl

    We love Obama. Raise taxes.

    April 13, 2012 05:42 pm at 5:42 pm |
  25. bill

    Isn't Buffett the guy who claims he should pay more taxes, yet owes close to a billion dollars in back taxes?

    April 13, 2012 05:42 pm at 5:42 pm |
1 2