Saturday, April 14, 2012

The Social Poets: From Obama, Tax Returns: Check Out How Your Personal Tax Dollars Spent On National Budget




The Social Poets: From Obama, Tax Returns: Check Out How Your Personal Tax Dollars Spent On National Budget: From Denny:  Today Prez Obama and VP Biden (and spouses) released their IRS tax returns.  Obama's was 48 pages long with an adjusted gross income of about $790,000.  Hey, those book sales add up over three years.  The Obamas also gave $172,000 to charities, about 22 percent of their income, much of it from a children's book.

Can you imagine paying $162,000 in taxes?  The President did.  The GE Corporation - and far too many other Wall Street folks - didn't even pay that much.  What's wrong with that picture?  Check out the links to their names above to go directly to the pdf files online for the Obamas and the Bidens if you want to see the actual returns and read the details.

What was interesting is the fun White House page where you can calculate how your federal tax dollars are used for the national budget.  OK, I wouldn't be inclined to put in personal information but there is a pull down menu of a few choices so you can get the idea.


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