President Obama’s taxes

As you may know, President Obama released his family’s 2012 tax return. He made $608,611 and paid $112,214 in taxes, so his effective federal income tax rate was 18.4%. He made a comment that he didn’t pay enough.

Here’s the question… if he is so concerned about “paying his fair share” as he’s always pitching and he said that he didn’t pay enough, what’s stopping him from writing a check to the U.S. Treasury so he’ll voluntarily pay “his fair share?”  Answer: nothing.

But will he? I seriously doubt it.

Paying “your fair share” only applies to other wealthier people so the general public gets a free ride from people who work hard and are successful.

Sad.