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 obamas 2012 taxes

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Cu Bu
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Cu Bu


Favorite Fighter(s) : AXE MURDERER
Posts : 3648
Join date : 2009-07-15
Location : Norman oklahoma

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PostSubject: obamas 2012 taxes   obamas 2012 taxes EmptyFri Apr 12, 2013 11:11 pm

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KingsOwn19
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KingsOwn19


Favorite Fighter(s) : Lyoto Machida, BJ Penn, Anderson Silva,Dan Henderson, Emelianenko Fedor, Josh Barnett
Posts : 12421
Join date : 2009-07-16
Location : Northern California

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PostSubject: Re: obamas 2012 taxes   obamas 2012 taxes EmptySat Apr 13, 2013 12:04 am

what a money hoarding fat cat...we should exile him with Romney.
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Cu Bu
Black Belt
Black Belt
Cu Bu


Favorite Fighter(s) : AXE MURDERER
Posts : 3648
Join date : 2009-07-15
Location : Norman oklahoma

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PostSubject: Re: obamas 2012 taxes   obamas 2012 taxes EmptySat Apr 13, 2013 1:59 pm

I am sure alot of this is trust money hence a lower rate of taxes. I also understand our president wants to raise taxes on people in his tax bracket but it would go along way if some of these guys would cut a check to the IRS. Most of my income is taxable at more than double the rate he pays, seems wrong on many levels.
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captain organic
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captain organic


Posts : 7730
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Location : NJ

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PostSubject: Re: obamas 2012 taxes   obamas 2012 taxes EmptyWed Apr 17, 2013 10:08 am

Cu Bu wrote:
I am sure alot of this is trust money hence a lower rate of taxes. I also understand our president wants to raise taxes on people in his tax bracket but it would go along way if some of these guys would cut a check to the IRS. Most of my income is taxable at more than double the rate he pays, seems wrong on many levels.

I made $43K(including 8K in rental income) paid $4500 in taxes during the year, after writing off mortgage interest, school loans and property taxes I got back $2k. So $2500 in fed taxes. This does not include SS Medicare and the like, but overall I do not feel over taxed.

But as a politcal point Obama, and other wealthy lib politicians should cut a check to the IRS as if their tax desired rates were in place.
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Cu Bu
Black Belt
Black Belt
Cu Bu


Favorite Fighter(s) : AXE MURDERER
Posts : 3648
Join date : 2009-07-15
Location : Norman oklahoma

obamas 2012 taxes Empty
PostSubject: Re: obamas 2012 taxes   obamas 2012 taxes EmptyWed Apr 17, 2013 12:58 pm

captain organic wrote:
Cu Bu wrote:
I am sure alot of this is trust money hence a lower rate of taxes. I also understand our president wants to raise taxes on people in his tax bracket but it would go along way if some of these guys would cut a check to the IRS. Most of my income is taxable at more than double the rate he pays, seems wrong on many levels.

I made $43K(including 8K in rental income) paid $4500 in taxes during the year, after writing off mortgage interest, school loans and property taxes I got back $2k. So $2500 in fed taxes. This does not include SS Medicare and the like, but overall I do not feel over taxed.

But as a politcal point Obama, and other wealthy lib politicians should cut a check to the IRS as if their tax desired rates were in place.

I paid over 45k to fed not counting

short term taxes on my investments I made over 250 trades in 2012

captial gains on an investment i sold which i held more than 1 yr.

My daughters 529 was not deductible because its not an "oklahoma 529" fuck me for having USAA I was able to deduct mortgage interest but i only have 15 yr mortgage at like 3% so not much help(again glad I made sound investment but still disparaging)

I do feel heavily taxed but also blessed to be in the position to be taxed however I am struggling with the thought that my Government is a good steward of my tax dollars!
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