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Obama, Romney and income Taxes [Apr. 15th, 2012|06:48 am]

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[cloudchaser_s]
Earlier this year, Obama called on Congress to require the highest earners to pay at least 30 per cent of their income in taxes
http://www.smh.com.au/world/rich-should-pay-30-per-cent-tax-obama-20120125-1qgvx.html

Yet recently released documents show that in 2011, Obama paid 20.5% of his income in taxes
http://money.cnn.com/2012/04/13/news/economy/obama_tax_return/?source=cnn_bin
http://www.whitehouse.gov/blog/2011/04/18/president-obama-and-vice-president-biden-s-tax-returns-and-tax-receipts

Republican frontrunner Mitt Romney is even worse. Also recently Mitt Romney released tax returns showing that in 2010, he paid a 13.9 per cent tax rate in 2010 on $21.6 million in income. My income before taxes is 0.08425% of his and yet I still have to pay the same rate as he does? WTF?!
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