So, given the info presented, it's quite possible that he did pay the 35% on the money that was taxed at that amount and had the total tax liability be 26%.
I don't think I am interested enough to go through his return:
Obamas Report $1.7 Million in Income for 2010 - Interactive Feature - NYTimes.com
But, I can tell that given the info provided, there's no reason to believe that he didn't pay the taxes that were due in a regular way.
I may be wrong.
Catawa is my favorite bleeding heart liberal.
Last edited by tacomancer; 04-23-11 at 03:34 PM.
Biden gave average of $369 to charity a year - USATODAY.com
Yet Democrats are so very generous.....when it comes to other people's money.....