Louis XIV of France |
The guest list for this shindig has not been released.
The People's House.
The Obama's are living the life of Louis XIV on the back of the taxpayers. And how much tax did Obama pay? Nolan Finley of the Detroit News tells us:
The same president whose re-election campaign savaged Mitt Romney for his effective tax rate of roughly 15 percent, paid a rate of just 18 percent himself in 2012. That's about half last year's top tax rate; Obama reduced his tax burden the same way Romney did, with hefty deductions.Technorati tags: Obama Barack Obama economy news politics government France française
Nothing stopped him from paying the 39.6 percent of income he declared in January is the "fair share" for wealthy folks like he and Michelle.
He could have voluntarily foregone his deductions, as the tax code allows, and put his money where his mouth is.
But Obama is not about setting examples.
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