Obama to Americans: High Taxes for Thee, but NOT for Me
April 12, 2014 By Jennifer Burke
One thing we can say about Barack Obama is that his personal life gives fuel to the fire for those who call him a hypocrite. On Friday, information about Barack and Michelle Obama’s 2013 taxes was released. There was no press conference to sing Obama’s praises on this front. There was no tweet to influence the pop culture of the country. There was no speech with Obama chiding those that he says can afford to pay a little more and demanding that they pay their “fair share.”
No, there was none of that fanfare. There was only a blog post by Obama’s press secretary Jay Carney on the White House website. One quick read of the article and you understand why such little attention was brought to Obama’s tax returns. Barack and Michelle “Everyone Should Pay Their Fair Share” Obama’s effective tax rate was only 20.4%. But, don’t worry. Carney made sure to work in some information about how Obama is working to make the system more “fair.” After all, the hypocrisy that his boss displays seems to be a never-ending occurrence.
The President’s effective federal income tax rate is 20.4 percent. The President pushed for and signed into law legislation that makes the system more fair and helps the middle class by extending tax cuts to middle class and working families and asks the wealthiest Americans to pay their fair share. In 2013, as a result of his policies, the President was subject to limitations in tax preferences, as well as additional Medicare and investment income taxes, for high income earners.
Maybe someone needs to tell Barack that he could have very easily given more money in taxes. All he had to do was write a check. But, then again, how does that old saying go?
“Socialism is not for the Socialist.”
If there is one thing that has been on full display by the Obama family during his time in the White House, it’s that there are two sets of rules and expectations. One set for them and their cronies, and another for the rest of us.