I read that President Obama, despite making over $600,000 last year, paid an effective federal tax rate of 18.4 percent.
I find that unbelievable; the president constantly harps that "the wealthiest Americans" need to pay their "fair share." Disgraceful.
The president paid a lower rate than those making $70,700, who fall in the 25 percent tax bracket.
What about the president's constant haranguing about the Buffett Rule?
If you are going to talk the talk, Mr. President, walk the walk.
When President Obama voluntarily pays a 35 percent tax rate, then maybe he will have my attention and respect.
Until then, I and many others will see President Obama simply as a hypocrite who places himself above the rules he wishes to impose others.
Andrew V. Kayes
100 Mahalani Street , Wailuku, HI 96793 | 808-242-6363