The Hypocrite in Chief … After Demonizing the Rich, President Obama only Pays Effective Tax Rate of 18.4% for 2012
LION LYING KING: There has been no greater hypocrite to ever grace the White House than President Barack Hussein Obama … The following is subtitles. Taxes for thee, not for me.
President Barack Obama is about class warfare, he is about dividing America and now he is about hypocrisy. During the 2012 Presidential campaign Obama railed on the 1%’ers and called all those rich people who paid less than their secretaries the evil rich. Obama harped on the so-called Buffett Rule, which would require millionaires to pay at least 30% of their income in taxes. Of course this came about because the evil rich were making most of their money from investments as opposed to income, that are taxed at a different rate. During the 2012 presidential election Obama played class warfare and went after his GOP opponent Mitt Romney who paid about 14% on his income. Obama made political hay lying to the American public and using the issue that ultra-rich Warren Buffett paid less in his tax rate than did his secretary. However, in 2011 the hypocrite that resides in the White House also paid a lower effective tax rate than his secretary.
What, You thought the 30% tax for the rich was meant for me?
Guess what, Obama is even more of a hypocrite in 2012 than he was in 2011.
According the WSJ, President Barack Obama paid an effective tax rate of only 18.4%. Yup America, that’s it. For all his whining, for all his rhetoric, for all his class warfare and the rich should pay 30% … OBAMA ONLY PAID 18%. I guess this is more of the shared sacrifice that Obama talks about. Obama tells other rich folks that they are evil because they pay a low tax effective rate, yet he takes advantage of the same deductions and loop holes that everyone else does. If he was a true leader and really had the convictions of his beliefs, he would have told his accountants not to take the deductions and make it that his effective rate came to 30% for 2012. However, he did not do so because like every liberal, he wants others to pay the money, not themselves.
President Barack Obama and first lady Michelle Obama paid $112,214 in federal income taxes for 2012 on adjusted gross income of $608,611, an effective rate of 18.4%, the White House said.
The first family’s adjusted gross income—the amount after certain deductions and exemptions—was down from $789,674 the Obamas reported in 2011, when they paid total federal taxes of $162,074, an effective rate of 20.5%.
The decline was due primarily to falling royalties from sales of books Mr. Obama has written, according to tax returns released Friday. The president’s book-related earnings peaked in 2009 when he garnered about $5.6 million from two publications, “The Audacity of Hope” and “Dreams From My Father.” The royalties have fallen over time, to just under $274,000 in 2012.
The Obamas paid $29,450 in state income tax to Illinois for 2012.
Obama is truly a disgrace as President. Where is the MSM calling Obama out on his double standard hypocrisy? Personally, I do not believe in the “Buffett Rule”, but if one did and actually wanted to make it a law, one would think that they would lead by example. Not this president.
BET Founder Bob Johnson Says “This Country Would Never Tolerate White Unemployment at 14 or 15 Percent” … Blacks Growing Restless With Obama’s Failed Policies
BARACK OBAMA HAS BEEN AN EPIC FAILURE FOR THE BLACK COMMUNITY … BLACK AMERICA, HOW’S THAT HOPEY-CHANGEY STUFF WORKING OUT FOR YOU?
Blacks should wonder why with the first black president, blacks are even more worse off than before … Can they handle the truth? Have they just figured out that Barack Obama has been an complete an epic failure as president? Obama has promised job growth and none nothing but make matters worse, increase the federal debt and increase costs.
As reported by CNS News, Black Entertainment Television (BET) founder Bob Johnson said earlier this week .at the National Press Club that the United States would “never tolerate white unemployment at 14 or 15%”. He went on to say that the unemployment for the black community has been double that of white Americans for over 50 years. Obviously Obama has no issue with the high black unemployment rate as he has made matters worse during his regime. Its also many black leaders are finally making their voices heard after 4 years of silence during Obama’s first term. As per Town Hall, political leaders from the Congressional Black Caucus to the NAACP have begun to open fire on the White House. To be perfectly honest, I am not sure why anyone would tolerate the present national average of unemployment, no matter what one’s skin color is. Obama’s economic policies have been a disaster for all people of any color.
This country would never tolerate white unemployment at 14 and 15 percent. No one would ever stay in office at 14 or 15 percent unemployment in this nation, but we’ve had that double unemployment for over 50 years,” Johnson said while speaking at the National Press Club about the gap between whites and blacks in America.
“The national average is 7.7 percent, and African-American unemployment is 13.8 percent. To be honest, it’s probably greater than that when you count the number of African-Americans who have simply given up on finding employment,” said Johnson, who is also founder and chairman of The RLJ Companies.
However, does Bob Johnson want the truth to his questions, or just more excuses that have been the cause that have kept black unemployment percentages high?
Under President Barack Obama, unemployment for blacks has been abysmal. Males, females and teens have all seen their unemployment numbers skyrocket under Obama. But I thought he cared about them? How does a segment of the population support a president with 95% of the vote and still get nothing in return. And by getting something I do not mean for food stamps, unemployment and Obama phones.
As reported at Vibe, Dr. Benjamin Carson criticizes President Obama on Black unemployment, “If President Obama wants to be a hero in the African-American community, he should do something to alleviate the “abominable” Black unemployment rate in America”.
“I think the best thing that he (President Obama) can possibly do that will help minorities is to enact policies that allow for growth of the economy,” said Carson. “Because when you look at the employment rate for instance in the African American community, it’s abominable. And the policies that have been enacted have only made it worse. They have not made it better. So if he really wanted to be a hero in that community, let’s start doing some things that make sense economically and get the money flowing.”
Barack Obama’s failed job policies are facing bitter criticism from African-American leaders who say black unemployment has grown worse under his presidency.
After four years of holding their tongues and remaining quiet in the face of sharply rising black unemployment and record poverty, political leaders from the Congressional Black Caucus to the NAACP have begun to open fire on the White House.
Unemployment for both women and African-Americans is higher today than it was when President Barack Obama first took office in 2009, according to federal government data.
Despite an economy that has technically been in recovery since June of 2009, many economic indicators are the same or worse than when President Obama gave his first address to a Joint Session of Congress in February 2009.
“We will rebuild, we will recover, and the United States of America will emerge stronger than before,” Obama said in that speech.
However, employment for African-Americans and women has not recovered and, in fact, is worse today than it was when Obama said those words.
MAKING PEOPLE DEPENDENT UPON GOVERNMENT TO GET THEIR VOTE WILL NEVER FIX THE PROBLEM.
President Barack Hussein Obama stated, “I am not a dictator. I am the president.” Really? It’s been my experience in life when ever some one has to tell you who they are not, they usually are.
Isn’t it dictators who disregard the will of the people and cram their agenda down the throats of those they rule, such like Obamacare? Isn’t it dictators like Nicolae Ceausescu, Saddam Hussein, and Fidel Castro who also released criminal prisoners? Isn’t it dictators who play class warfare and keep its citizens at each others throats so that they can rule by fiat? Isn’t it a dictator who threatens the media to keep them in line so that they will operate as their propaganda tool? Isn’t it a dictator who wants to keep the people dependent upon the government and food stamps, and cause individuals to struggle as median incomes fall? Isn’t it a dictator who makes false promises to their people to keep them in line when they knew all along it was a lie? Isn’t it a dictator who would consistently show contempt for the US Constitution whose sole purpose was to define federal authority and the rights of the People?
Isn’t it a dictator who would watch millions of Americans struggle, lose their jobs, homes and businesses while they go on vacations, weekly gold outings and live the life of Riley? All the while they say they care, but do nothing but keep the citizenry at conflict with one another. Isn’t it a dictator who would over-regulate business in order to control and suppress the economy? Isn’t it a dictator who blames everyone one else for the ills of society, when they are the one who is in control? Isn’t it a dictator who would want to control an individuals entire life from birth to death? All in all, I would say you are a dictator.
Sorry, I know tyranny when I see it.
”I am not a dictator. I am the president.” “So, ultimately, if Mitch McConnell or John Boehner say that we need to go to catch a plane, I can’t have Secret Service block the door way, right?”
Hey America, how’s that hopey-changey Obama payroll tax increase treating ya?
America, so you thought that Barack Obama and Democrats were just looking to raise taxes on the rich, eh? This past Friday when you received your pay check you realized otherwise. So many jealous and envious people were so caught up in Obama’s class warfare in taxing and punishing the so-called rich with a tax increase that they did not even consider that Obama was going to raise taxes on them too. Don’t say you were not warned.
Obama is laughing at the fact he was able to divert the attention of Americans away from the Obama payroll tax increase
As reported at Yahoo.com, say hello to the Obama payroll tax hike and goodbye to your hard earned money to the government. According to the Tax Policy Center, about 160 million workers pay this expired payroll tax that President Barack Obama cared little to extend during a terrible economic down turn. The increase will cost the average worker about $700 a year. The joke of a fiscal cliff bill contained no provisions to help the middle class avoid this 2% tax increase.
Americans are beginning to feel the pinch from Washington’s decision to embrace austerity measures aimed at bringing down the nation’s budget deficit.
Paychecks across the country have shrunk over the last week due to higher federal tax rates, and workers are already cutting back on spending, which will drag on the economy this year.
In Warren, Rhode Island, Ben DeCastro got his first paycheck on Friday in which taxes on his wages rose by 2 percentage points. That works out to about $30 a week.
“You sit back and do the calculation, and that’s $30 I’m not going to spend at a restaurant,” said DeCastro.
He said he worries that people hit by higher taxes will spend less at the chain of furniture stores where he works as a marketing manager.
Economists estimate the payroll tax hike will reduce household incomes by a collective $125 billion this year. Some households could reduce contributions to retirement accounts or other savings, but most are also expected to cut back on spending.
That alone could reduce economic growth this year by about 0.6 percentage point, said Michael Feroli, an economist at JPMorgan in New York City.
“The headwind to growth should be noticeable,” he said.
60% of Americans Want Controversial Obamacare Law Repealed, Yet 66% of AZ Voters in Favor of Arizona Immigration Law
Is a law really controversial when more than 6 in 10 voters are in favor of it? Or should a law be considered controversial when 6 in 10 voters are opposed to it instead. The misrepresentation of Barack Obama, the Democrats and the Arizona Immigration law.
What’s up with the Arizona Immigration law being referred to as a “CONTRAVERSIAL” law by the MSM? Even FOX NEWS uses the adjective when describing it. Is a law really controversial when 66% of Arizona voters favor that law, while 24% oppose it as those in favor have ranged from 64% to 71%? Nationally, 58% of voters favor Arizona’s immigration law in their own state.
Now compare that to the Obamacare law that was passed along a partisan Democrat vote which an overwhelming majority of Americas are strongly opposed to.
Barack Hussein Obama, Harry Reid, Nancy Pelosi and the Democrats thought that over time the demand to repeal Obama would subside and be forgot by the American people. Once again the Three Stooges were wrong and according to the most recent Rasmussen poll, 60% of Americans want Obamacare repealed. Only 36% are against repealing the government take over of health care.
Sixty percent (60%) of voters nationwide favor repeal of the recently passed health care law, including 49% who Strongly Favor repeal.
A new Rasmussen Reports national telephone survey finds that 36% oppose repeal. That figure includes 24% who are Strongly Opposed.
Forty-three percent (43%) believe repeal would be good for the nation’s economy. Twenty-seven percent (27%) believe repeal would be bad for the economy, while 20% say it would have no impact. Political Class voters strongly believe repeal would be bad for the economy, while most Mainstream Americans think repeal would help the economy.
This marks an 8% increase of those in favor of repealing the Obamacare bill that will increase the cost of health care and add to the federal deficit. Two items that Obama and Democrats falsely stated would not happen in the lead up to the partisan vote on Obamacare. However, just 41% believe the law is even somewhat likely to be repealed while 45% say repeal is unlikely. This is why it is your job America to make the repeal of Obamacare a reality. If you truly want it repealed then you must vote the Democrats out of office in 2010 in the US House and Senate and Obama out in 2012. There is no other way to accomplish this task.
Barack Hussein Obama Says,”I’d Rather be a Really Good One-Term President than a Mediocre Two-Term President”
THE ONE WILL BE ONE AND DONE!!!
The arrogance and denial of Barack Hussein Obama is among the worst this country has ever seen in the White House. Barack Obama is on the verge of becoming one of the worst Presidents America has ever had the misfortune to suffer through, yet he has the audacity of dope to say the following:
“I’d rather be a really good one-term president than a mediocre two-term president,” he told ABC’s “World News” anchor Diane Sawyer in an exclusive interview today.
Obama sat down with Sawyer two days before he will deliver a State of the Union speech to a joint session of Congress, and he acknowledged the political setbacks of his first year in office.
There is one lucid moment from this interview. Barack Obama already has it in his mind that he is a one termer.
Because all great one term Presidents have 10% unemployment, record level federal deficits and put an issue like health care and the government control of Americans health care ahead of jobs. Supposedly, Obama is now going to talk JOBS at his State of the Union speech. Funny, it took Obama and the Democrats being handed their hats in Massachusetts for Obama to focus on jobs? So are we supposed to assume that if Democrats had won Massachusetts that Obama would have continued to ignore and go against WE THE PEOPLE?
NEWS FLASH to the delusional Obamamessiah, name me a really good one term President that did not meet an unfortunate end that ended their Presidency sooner than expected? The fact that a President does not get elected for a second term means that he is a failure in their first term. That is except in the mind of Barack Obama.
Obama was elected on the campaign promise that he would change Washington politics. Of course that did not mean by substituting Chicago-style politics in their place. In less than one year America has so rejected Obama’s liberal agenda in making such statements the the governor elections in Virginia, New Jersey and the most recent election of Scott Brown, Senator-elect from blue, blue Massachusetts.