President Obama clueless about teachers’ tax rates.

By: Moe Lane (Diary)  |  September 28th at 08:02 PM  | 

FactCheck puts it very succinctly: President Obama’s claim that he pays a lower tax rate than a teacher making $50,000 a year isn’t true. A single taxpayer with $50,000 of income would have paid 11.9 percent in federal income taxes for 2010, while the Obamas paid more than twice that rate — 25.3 percent (and higher rates than that in 2009 and 2008). And if | Read More »