Just saw the latest post on the White House blog. As it’s tax season, and because of the Obama administration’s commitment to transparency and openness, they’ve released the Obamas’ tax… things – not sure if they’re forms or returns. Anyway, saw this and it made my jaw drop:
“The Obamas paid $855,323 in federal income tax.”
“The President and First Lady also released their Illinois income tax return and reported paying $77,883 in state income taxes.”
That’s a total of $933,206 in taxes. Which is frankly ridiculous – if ever there was a number that made me think that Ron Paul might be right, it was that one.
I also have a feeling that’s more money than I will ever see in my entire life.