Site for Free Markets and Free People

Tuesday, January 24, 2012

How Much Do Obama and Clintons Pay in Taxes?

I wouldn't expect the media to ever focus on this, so I'll bring it up:

Obama paid 23% tax rate last year. Romney's will be 15%. Of course Obama gets more in salary (taxed at a higher rate) and Romney has more investment income (lower rate) and more charitable contributions. As a side note, Obama's charitable contributions were pretty miserly - practically nil before he decided to run for president. (Again, don't expect the media to make any comparisons with Romney here).

The Clinton's from 1992 to 1999 paid a 19.8% tax rate. I don't ever remember anyone asking, and I don't remember anyone caring. Seems to be an issue now that Romney is running.