The Taxman Cometh for the Obamas and Bidens As Well
ABC News’ Jake Tapper and Karen Travers report:
President and first lady Obama released their 2008 federal income tax returns today.
The Obamas filed their income tax returns jointly and reported an adjusted gross income of $2,656,902, paying $855,323 in federal income taxes and 77,883 in state income taxes.
By clicking on these links, you can see the Obamas’ 1040 form, their 709 form, and their Illinois State Income Tax Return form.
The vast majority of the family’s 2008 income comes from proceeds from the sale of the president’s books, Dreams From My Father and The Audacity of Hope.
The president and first lady donated $172,050 –- or about 6.5 percent of their adjusted gross income -– to 37 different charities.
The biggest donations were $25,000 contributions to CARE and the United Negro College Fund, but other charities included AIDS Alliance for Children Youth & Families, American Red Cross, Apostolic Church of God, Book Worm Angels, Boys and Girls Club, Bread for the City, Brookland Baptist, Brown A.M.E. Church, Catholic Relief Services, Central Illinois Food Bank, Chicago Coalition for the Homeless, Citizens United for Research in Epilepsy, the president’s alma mater Columbia University, Crusade of Mercy, Direct Relief International, First Lutheran Church, Greater Chicago Food Depository, Haiti Foundation of Hope, Illinois Coalition Against Sexual Assault, Illinois Head Start Association, Illinois Reading Council, Juvenile Diabetes Research Foundation, Martin Luther King National Memorial Project, Midtown Educational Foundation, Mujeres Latinas En Accion, National Coalition for Homeless Veterans, National Congress of Black Women, National MS Society, New Orleans Areas Habitat for Humanity, Ovarian Cancer National Alliance, Rochelle Lee/Boundless Readers, St. Leo’s Residence for Veterans, St. Luke’s united Methodist Church, The Christopher House, United Negro College Fund and United Way of Galveston.
Vice President and Dr. Jill Biden reported an income of $269,256 last year — after taxes that comes to $183,315. They paid $46,952 in federal income taxes and $11,164 in Delaware state income taxes.
Click on the following links to see their federal returns and their Delaware State returns.
The Bidens donated $1,885 to charity, or about 0.7 percent of their adjusted gross income.
Getting ahead of the criticism that may come because of that, the VP’s office says: “The charitable donations claimed by the Bidens on their tax returns are not the sum of their annual contributions to charity. They donate to their church, and they contribute to their favorite causes with their time, as well as their checkbooks.”
Last September, Biden released 10 years of tax returns and reported a total of $3,690 in charitable donations — or 0.2 percent of their income over the decade. Biden campaign spokesman David Wade had a similar response at the time, noting that the Bidens’ donated their time to their favorite charities including ones that support military families and Gulf Coast recovery efforts.
– Jake Tapper and Karen Travers

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For once, I am speechless.
Posted by: DontGet818OnMeNow | April 15, 2009, 5:34 pm 5:34 pm
File this under: Oh that Joe Number 1,345,569.
Posted by: Martha | April 15, 2009, 5:49 pm 5:49 pm
I wonder if the Messiah hated to write his check for the taxes.
Posted by: Joy | April 15, 2009, 5:49 pm 5:49 pm
I would say that the Bidens are CHEAP for not donating more to charities, but then they are DEMS so that figures. He doesn’t want to help anyone, but expects the GOVT, to have all of these entitlements for whoever they think needs it. HE DOESN’T PAY HIS SHARE, WE ALL DO. NOT FAIR AT ALL.
Posted by: Ronnie | April 15, 2009, 5:51 pm 5:51 pm
Why aren;t you covering the Tax Tea Parties??? Are you afraid of what the American public really thinks??
Posted by: Tracy | April 15, 2009, 5:59 pm 5:59 pm
It would appear that tax cheat Tim G. prepared Biden’s taxes. Something looks fishy.
Posted by: Hmm | April 15, 2009, 6:02 pm 6:02 pm
Okay since when do the President/Vice President tax returns become accessable to the public? I mean so what they made a mere 2.5 million from book deals. Obama is the first non-exceedingly rich president we have ever had. All the others before him were multi-millionaires, trust fund babies or business men who made a couple deals that paid off handsomely. I never heard anything about Bush’s income or Clinton, why is it so important to know now? Stop bating and stop giving the haters of the Obama’s something to continue to crow about, which is a bunch of nothing.
Posted by: so what! | April 15, 2009, 6:03 pm 6:03 pm
Okay teabaggers, all those who paid over $855,000 in taxes this year (not to mention over $77,000 in state income taxes) plus donated over $170,000 to charity, please raise your hands!
That’s what I thought.
Posted by: Dee | April 15, 2009, 6:05 pm 6:05 pm
How much time and to what charities doe the Bidens contribute? Not listed of course, because then some one could check on the veracity of Joey.
Posted by: jim | April 15, 2009, 6:05 pm 6:05 pm
Yes, the Biden’s charitable contributions are downright shocking but what is more shocking is that they do not have one penney, not on penney in the stock market. Is that a vote of confidence from the VP? Does he know something about Obama that we don’t?
Posted by: jim | April 15, 2009, 6:08 pm 6:08 pm
Why aren;t you covering the Tax Tea Parties??? Are you afraid of what the American public really thinks??
***************************************
What that Obama is a Fascist? That our Government is Bad? That we should be ruled by the minority? I do not think so.
Posted by: Thinking | April 15, 2009, 6:10 pm 6:10 pm
hey dee, you know you can look up what barry contributed to charity BEFORE he started running for pres. i will let you get back to me on that one. i bet you also didn’t know that satan himself glen beck gives 20% of his income every year regardless of what he makes. darn i bet that really gets you huh?
Posted by: stickman | April 15, 2009, 6:11 pm 6:11 pm
Bingo. The rich’s getting richer; the poor poorer. Ironically, not the way Mr. Obama has envisioned for America.
Posted by: young_voter | April 15, 2009, 6:12 pm 6:12 pm
How many of you voted, how many have volunteered in one form or the other, these wages don’t seem to far out of line. I would love to make $200,000 a year would even be happy with $40,000.
Posted by: oldNugly1 | April 15, 2009, 6:14 pm 6:14 pm
Must be nice!
Posted by: LongT | April 15, 2009, 6:15 pm 6:15 pm
so what!: You are uninformed. I can’t tell you how many years now that public officials tax returns are made public. Its all part of the job. Mr Bush, Clinton, Father Bush, Mr. Reagan, etc had all of their returns released to the public.
Posted by: FS | April 15, 2009, 6:16 pm 6:16 pm
I didn’t think the Obama administration had to pay taxes.
Posted by: tyler | April 15, 2009, 6:17 pm 6:17 pm
What does your response have to do with what was posted? It still does not make okay that this information was released but it is okay because it just shows that he understand the middle/working class. He worked his way up the food chain, unlike others who had it handed it to them.
Posted by: uh duh | April 15, 2009, 6:18 pm 6:18 pm
I think President Obama can forfeit his first year’s salary to help the budget crisis.
Posted by: larry | April 15, 2009, 6:18 pm 6:18 pm
I wonder how many citizens would like to have this scrutiny and unforgiving analysis of their every move. A lot of times my husband and I donate money to charities without putting in for a deduction. We also sometimes help to support other family members, as I belive the Bidens have also done from time to time. Based on the kind and generous people that they both appear to be, I am more than willing to give them the benefit of any doubt about charitable contributions. This is just a reason to pick at and disparage the new administration.
Posted by: phoenix lady | April 15, 2009, 6:18 pm 6:18 pm
Biden is a cheapskate – and I am guessing if you someone were able to do a study– Dems would always come out on the low $$$ side……oh yeah – - they give of their time….. – -so do the rest of us – but we fork over too
Posted by: few | April 15, 2009, 6:18 pm 6:18 pm
I am waiting to how much money the President and VP give to the poor under their wealth redistribution plan!
Posted by: 312Capri | April 15, 2009, 6:20 pm 6:20 pm
I agree with Hmmm… fishy?? What tax rate is Joe Biden getting away with? My
husband earned less but has a much higher Federal tax bill… why aren’t the Bidens being taxed at the highest tax rate like ordinary hard-working folks, who can look forward to paying even more in the future? Great way to kill incentives to work hard. I’d like to know their tax attorney/accountant.. we’d like the lower rate too please.
Posted by: suzen | April 15, 2009, 6:22 pm 6:22 pm
Good for him — this is America — the land of opportunity — we should all be so lucky………………My only problem — yesterday, when Obama talked about raising taxes on the wealthiest of Americans, he said, because people like him can afford it. The problem — he wants to start taxing people making over $250,000 — those families aren’t like him!!! There is a BIG gap between President Obama and those families. Yes — $250k might be nice — but the families that I know at that income level — are working — you might call them working wealthy — they get up everyday and put in long hours – they don’t have silver spoons in their mouths. They went to college on loans — paid them off — and are trying to save for their own kids’ college now. Yes, they lead good lives — but they already pay higher taxes then the average person. Today’s tea parties are trying to make that argument. Yes, everyone should pay taxes — but not everyone can absorb a tax increase like President Obama can — because many people that will be affected by his tax increase aren’t millionaires like the Obamas.
Posted by: jj | April 15, 2009, 6:24 pm 6:24 pm
Obama and Biden don’t need to be very charitable.
They let the taxpayers fund their social programs.
Isn’t that why they passed the stimulus bill/earmarks?
Posted by: ross | April 15, 2009, 6:25 pm 6:25 pm
>Why aren;t you covering the Tax Tea Parties??? Are you afraid of what the American public really thinks??
Maybe because at this moment they are not news worthy. It was quickly deduced that the Tea Parties were organized by many extreme right-wingers which suddenly was subtly co-sponsored by FOXNews (a major reason why most media is shirking away, and finally embraced by the Republican Party. What started as a non-partisan effort (and really could have made an impact)quickly became another mechanism employed by a party without a clue. First Palin-no! Then Michael Steele–no no!!! Now, the Tea Parties..NOPE! Three strikes! You’re out!!!
Posted by: FS | April 15, 2009, 6:27 pm 6:27 pm
Nothing wrong with making bucks off a bestseller.
Conservatives had no problem with bush and his family millions, so their trashing of Obama’s income is just sick.
Posted by: matt | April 15, 2009, 6:27 pm 6:27 pm
“Why aren;t you covering the Tax Tea Parties???”
He has see the left hand frame for other blog entries.
There are currently 3 blog entries related to the tea parties.
Maybe you missed it in your rush to look like a fool.
“Are you afraid of what the American public really thinks??”
The tea parties are not the American public.
They are a small slice of conservatives and FoxNews viewers.
Posted by: Ryan C | April 15, 2009, 6:28 pm 6:28 pm
Could we go one day without hearing about these folks? Please?
Posted by: cg | April 15, 2009, 6:29 pm 6:29 pm
Talk about the “Bushies” calling the kettle black.
Posted by: Johnathan Schoening | April 15, 2009, 6:33 pm 6:33 pm
Where is the line on the tax return that shows the extra taxes sent in voluntarily by the Obamas and Bidens?
There is nothing to prevent them from being extra patriotic.
Posted by: mad | April 15, 2009, 6:33 pm 6:33 pm
What does your response have to do with what was posted? It still does not make okay that this information was released but it is okay because it just shows that he understand the middle/working class. He worked his way up the food chain, unlike others who had it handed it to them.
right on
Posted by: oldNugly1 | April 15, 2009, 6:35 pm 6:35 pm
FS and Tracy, the tea parties have been covered today, by ABC, on this site, and many others. Where have you been? One of the posts on the message board for ABC’s story on the subject was even picked up to be highlighted on the news home page. Do any of you ever bother to scroll down the site?
Evidently not.
Obama’s income is not of line for someone whose two books have been on the New York Times Bestseller List for quite a long time now, one of them since before he started running for President. And how many of the rest of you have given so much to charity?
As for “socialism,” I must point out that taxes are all about the “redistribution of wealth,” and they always have been. That’s the point of them. I must say I’m amused by the way the criticisms of President Obama echo those of President Roosevelt in the 1930′s. The only real difference is that he was excoriated as a “traitor to his class.” That can’t be said of Obama.
Posted by: Eleonora27 | April 15, 2009, 6:36 pm 6:36 pm
How sweet that the poor Obama’s paid $48,000 for their precious daughter’s education. No wonder they could not get a mutt like he promised. Only the best dog and swing set will do for those two!
Posted by: BarryG | April 15, 2009, 6:37 pm 6:37 pm
I went to the tea bag fiasco and I was impressed by what was not said, none of those buggers said anything that they did to ruin this economy, they only speak with forked tongue. They never referred to the past atrocities of this government. The buggers of the past raped and stole and butchered our Constitution they created it and are unwilling to resolve it, at the very least the sitting President has had the foresight to press forward and make an attempt to heal what went on in the last administration. I am a conservative Democrat there should be no rewards for not working, and at least this guy is working towards a goal, kind of changed a bit from the campaign but not total changes as seen by past administrations both Rep and Dem. So his meager $2,500,000 is not a bad wage.
Posted by: oldNugly1 | April 15, 2009, 6:40 pm 6:40 pm
Who cares what they made? Geez, get a real story printed.
Posted by: Get Real | April 15, 2009, 6:40 pm 6:40 pm
cg, yeah like we’ve gone one day without
hearing about the Obama’s new dog?
Posted by: notanobamafan | April 15, 2009, 6:42 pm 6:42 pm
I wonder how many citizens would like to have this scrutiny and unforgiving analysis of their every move. A lot of times my husband and I donate money to charities without putting in for a deduction. We also sometimes help to support other family members, as I belive the Bidens have also done from time to time. Based on the kind and generous people that they both appear to be, I am more than willing to give them the benefit of any doubt about charitable contributions. This is just a reason to pick at and disparage the new administration.
Ever hear of public records?
Posted by: oldNugly1 | April 15, 2009, 6:43 pm 6:43 pm
Even after deducting his charitable deductions, Obama’s only paid 34.4% in Fed taxes but current tax rate is 36% for his “class”. Since Obama wants the “rich” to pay their fair share then he needs to pay the 39% he’s trying to make them pay.
Posted by: Tabtwo | April 15, 2009, 6:44 pm 6:44 pm
Eleonora27: Of course, I’m quite aware that the tea parties have appropriate received news coverage. However, it is quite clear from Tracy (and another poster) here that the coveage should have been much more intense. I posted just to let them know “why” the event has not received more intense news coverage that they so desired. For all practical purposes, the Tea Parties were a bust (and that’s being kind.) Better luck July 4th!
Posted by: FS | April 15, 2009, 6:45 pm 6:45 pm
Eleonora27:”As for “socialism,” I must point out that taxes are all about the “redistribution of wealth,” and they always have been.”
That has not been their objective (and still isn’t). The tax policies are decided by those who have power in society – the wealthy – to a great extent. Those who have the most wealth have the most to lose from instability. And a progressive tax structure is the best way they’ve found to maintain a stable society (sure beats the Colosseum in my opinion!). Progressive taxation is not warfare on the wealthy, it is a mutually beneficial tool developed by the wealthy to protect their assets while aiding the less wealthy in bettering their own lot.
Posted by: jhw539 | April 15, 2009, 6:48 pm 6:48 pm
The president said today that he had provided tax cuts for 95% of Americans. Which taxes did he cut for the 43% who pay no income taxes at all?
Was the president lying?
Somebody, please–if you love your man Obama, you’ll name us just one of those peoples’ taxes that have been cut. Come on, you can do it!
Posted by: Fascist Hyena | April 15, 2009, 6:50 pm 6:50 pm
Tabtwo:”Even after deducting his charitable deductions, Obama’s only paid 34.4% in Fed taxes but current tax rate is 36% for his “class”. Since Obama wants the “rich” to pay their fair share then he needs to pay the 39% he’s trying to make them pay.”
That makes no sense. The MARGINAL rate – 39% – is very different from the overall rate. Warren Buffet famously pointed out he pays under 18%. Obama has such low capital gains, most of his income is earned, he is actually paying tax at a far higher rate than most in his tax bracket. Remember the capital gains rate was slashed lower than ever in modern history under Bush, which greatly helps those who have a million or ten earning interest in a fund somewhere. If all the “rich” paid 34% in taxes the budget would be balanced tomorrow!
Posted by: jhw539 | April 15, 2009, 6:53 pm 6:53 pm
LOSERS…. LOSERS….LOSERS…. LOSERS…. LOSERS….
Posted by: Lumberman_63 | April 15, 2009, 6:54 pm 6:54 pm
Ignorance is bliss. Those who feel the President worked his way up from the bottom are really naive. Private school in Hawaii, Ivy League college education on a scholarship and contacts with all of the movers and shakers in Chicago. Please, get as grip on the bull about being one of us.
Posted by: William | April 15, 2009, 6:54 pm 6:54 pm
Mr Biden has some explaining to do. Does he not believe this economy is going to turn around? He has no money invested in the stock market! Is there something he’s not telling us?
Posted by: Troy | April 15, 2009, 6:55 pm 6:55 pm
Fascist Hyena:”The president said today that he had provided tax cuts for 95% of Americans. Which taxes did he cut for the 43% who pay no income taxes at all?
Was the president lying?
Somebody, please–if you love your man Obama, you’ll name us just one of those peoples’ taxes that have been cut. Come on, you can do it!”
He has stated that the tax credit will help offset payroll taxes for those WORKING families who do not have an income tax liability.
I answered your questions, now since you have a history of exagerating the President’s words, could you please provide the EXACT QUOTE of what he said?
Posted by: jhw539 | April 15, 2009, 6:56 pm 6:56 pm
I think the Bidens are surely lacking in the charitable contributions area. Not good role models.
Posted by: internet marketing outsourcing | April 15, 2009, 6:58 pm 6:58 pm
All this focus on the distraction dog does bring up an interesting point. Obama paid more for his dog than Biden gave to charities last year. Kind of puts the caring nature of the VP in perspective.
Posted by: Jeffrey | April 15, 2009, 6:58 pm 6:58 pm
Posted by: BarryG | Apr 15, 2009 6:37:14 PM
“How sweet that the poor Obama’s paid $48,000 for their precious daughter’s education.”
BarryG, your post has the tone of bitterness and jealousy. Here’s the good news: even if you can’t afford $48,000 for your kids education, they can go to school for free, work hard, go to college (even with federal support!), write bestselling books, and make a lot of money too. It’s called American opportunity.
Posted by: Center One | April 15, 2009, 6:59 pm 6:59 pm
Center One, only problem is Obama is taking away that opportunity otherwise I would agree with you.
Posted by: Marte | April 15, 2009, 7:01 pm 7:01 pm
I guess it’s the internet and information so readily available but I just find it hard to believe the awful comments people make and what a short memory they have to why we are in this fix to begin with.
I hope that people say awful things just for the shock value, because it is frightening how hateful people are.
Posted by: WOW | April 15, 2009, 7:02 pm 7:02 pm
Pres. Obama, you keep allowing God to use you in this office, and God will make your enemies your footstool.
Posted by: Zion | April 15, 2009, 7:03 pm 7:03 pm
“Obama paid more for his dog than Biden gave to charities last year.” Jeffery, the dog was a free gift. Go back to the basement.
Posted by: Austin | April 15, 2009, 7:05 pm 7:05 pm
Isn’t it amazing . . . not a word on ABC site about tax protests – T.E.A Parties! You guys should remove the name news from your organization.
Posted by: NUMBERS29 | April 15, 2009, 7:05 pm 7:05 pm
“He has stated that the tax credit will help offset payroll taxes for those WORKING families…”
It won’t reduce their payroll tax at all; it will just be money given to them. It would equally true to say that it will help offset their liquor bill, or their cigarette tax, or their gambling losses. Why say it will offset payroll taxes?
Posted by: Fascist Hyena | April 15, 2009, 7:05 pm 7:05 pm
@WOW
You sound ridiculous. Remember, schools are based on taxes, something that you people do not want to pay. Republicans fought for education to be reduced in the stimulus package. I bet you the Republicans children are getting the same sort of education that both Sasha/Malia are getting. I bet you their children are not attending the same public schools that you refuse to fund. Aren’t Republicans embarrassed?
Posted by: Zion | April 15, 2009, 7:07 pm 7:07 pm
President Obama needs to put his money where his mouth is. He needs to pay in 39% (minimum) as well as not taking a deduction for charity contributions.
President, Pay Up! Spread that wealth!
Posted by: PMC | April 15, 2009, 7:08 pm 7:08 pm
Fascist Hyena:”It won’t reduce their payroll tax at all; it will just be money given to them. It would equally true to say that it will help offset their liquor bill, or their cigarette tax, or their gambling losses. Why say it will offset payroll taxes? ”
If you can’t see how getting a $500 refund after paying in $1,100 in payroll taxes can be considered a reduction in taxes, fine.
Now can you please provide the actual quote of what Obama stated? I’m pretty sure you’re not just making this one up, but I’m curious how much you are exaggerating it.
Posted by: jhw539 | April 15, 2009, 7:09 pm 7:09 pm
Joe Biden: The gift that just keeps on giving.
Posted by: Joe | April 15, 2009, 7:10 pm 7:10 pm
PMC:”President Obama needs to put his money where his mouth is. He needs to pay in 39% (minimum) as well as not taking a deduction for charity contributions.
President, Pay Up! Spread that wealth!”
Another right winger making up lies about the President’s agenda (and another one with an embarrassingly poor understanding of how tax brackets work).
Posted by: jhw539 | April 15, 2009, 7:10 pm 7:10 pm
“I think the Bidens are surely lacking in the charitable contributions area. Not good role models.” Posted by internet marketing outsourcing @ 6:58:05
In 2009, after 36 years of service in the United States Senate, Joe Biden was listed by US News and World Report as the poorest of the 99 Senators. That, sir, is the best role model one could have. Maybe the current 99 Senators, including John (I don’t know how many houses I own.) McCain.
Posted by: JustTheTruth | April 15, 2009, 7:11 pm 7:11 pm
NUMBERS29:”Isn’t it amazing . . . not a word on ABC site about tax protests – T.E.A Parties!”
It was on the front page most of the day and is now prominently featured under the politics tab. Please try to make up better lies in the future.
Posted by: jhw539 | April 15, 2009, 7:12 pm 7:12 pm
Posted by: Marte | Apr 15, 2009 7:01:05 PM
“Center One, only problem is Obama is taking away that opportunity otherwise I would agree with you.”
Not in my state where unemployment is 12%. We’ll be using upcoming federal money to help build healthy new tax payers by investing in school districts, summer jobs for low-income teens, training and community college scholarships.
Check on your state’s web site to see how stimulus money is being used. Whether we like it or not it’s coming. Demand the money is spent to improve your kids’ long term American opportunities.
Posted by: Center One | April 15, 2009, 7:13 pm 7:13 pm
Just how bad are Chicago schools that the Obama’s had to pay more money than the average person makes in a year just to educate their daughters?
Posted by: JYR | April 15, 2009, 7:13 pm 7:13 pm
>Those who feel the President worked his way up from the bottom are really naive. Private school in Hawaii, Ivy League college education on a scholarship and contacts with all of the movers and shakers in Chicago. Please, get as grip on the bull about being one of us.<
You see, this is what "gets" to me about the naysayers. (I refrain from using conservative or republican because there is NOTHING wrong with having those beliefs.) Both of the Obama's worked their way up through the system. There are many parents who value education and the opportunity offered by education and this country. My father and his parents were sharecropprs yet he worked hard and sent my brother and myself to private schooling. This done by a man who did not finish high school! I won't call many of you racists or bigots (although your posts support that type of conclusion) but clearly you are jealous of the success the Obama's have achieved. You work hard, you get scholorships. You work hard, opportunities come to you. That's the simple story folks! The Obamas story is one that happens more often than we think in the USA. I know of a person who came to this country with only $200 in his pocket. He worked, and works hard and now commands over six figures. Anyone can do it and our country affords the environment for that to happen. Instead of whining and complaining, take stock of yourself and determine what you have to do to get yours! Its not just financial either. I know people who are happy making very little but have a passion for what they do and believe in.
Posted by: FS | April 15, 2009, 7:14 pm 7:14 pm
I hope they save the release of tax cheat Tim’s tax return until tomorrow. They’ll have to buy a pony for the Whitehouse to pull the wool over the media’s eyes for that one.
Posted by: GregR | April 15, 2009, 7:16 pm 7:16 pm
Good for them. This is the USA and nothing wrong making it honestly.
Posted by: CAW | April 15, 2009, 7:16 pm 7:16 pm
So, let me get this….Obama gave 6% back in the form of charity, but wants us to give a greater percent to government? He is sooooo cheap! Out of my love for others I give way over 10% each and every year. We are a one income family with three children and still give more that the Obamas! Guess it is hard to let go of YOUR own money.
Catch a clue Prez. NOTHING belongs to you only what the LORD gives you to borrow. IT IS ALL HIS!
Posted by: Girl Friday | April 15, 2009, 7:20 pm 7:20 pm
For those criticizing the Obamas for paying for education.
LOL. How can you be so stupid? Go criticize your neighbors for paying their kids way through college.
No wonder China and India are taking over the world.
Posted by: jiml1956 | April 15, 2009, 7:22 pm 7:22 pm
Girl Friday: “So, let me get this….Obama gave 6% back in the form of charity, but wants us to give a greater percent to government?
…
Catch a clue Prez. NOTHING belongs to you only what the LORD gives you to borrow. IT IS ALL HIS!”
I seem to recall the authority in this area personally weighing in on the tax issue a couple millenia or so ago…
Posted by: jhw539 | April 15, 2009, 7:26 pm 7:26 pm
You can tell a lot about a person from how they spend their money. I wonder how the Biden’s can say they give of their time so that is good enough. It would be interesting to see exactly how much time they donated. Probably a whole hour.
Posted by: thetruthhurts | April 15, 2009, 7:27 pm 7:27 pm
“Isn’t it amazing . . . not a word on ABC site about tax protests – T.E.A Parties! You guys should remove the name news from your organization.”
This has to be the new right wing spam as this keeps getting posted even though there are 3 articles dealing with the tea parties today on political punch alone.
There are also 3 articles on the Note blog, an article in the Numbers section and a general summary in the politics section.
The lesson as always? Right winger lie.
Posted by: Ryan C | April 15, 2009, 7:28 pm 7:28 pm
Republicans continue to bash Obama on every single thing he does. Good or bad. And dont hand me that you bashed Bush for eight years. When Bush was in office 100 days I certainly was not bashing him. After 9-11 the whole country stood with Bush. Is that what has to happen for the country to get behind and stand with Obama? Bush has gotten a lot of heat and some uncalled for. Bush was the type of man that snuck on Airforce 1 and flew to Iraq to visit the troops on Thanksgiving Day im 2003. No one new about this trip but Bush and 3 or 4 other people. Bush had a good heart but made the mistake of surrounding himself with bad people including yes Cheney. He became so tunnel visioned with the war on terror and Iraq he forgot about everything else and his cabinet and VP edged him on to either making mistakes, possibly lying and forgetting his other Presidential responsibilities. Even most the Rep party abandoned him. Give Obama a chance, he deserves at least that.
Posted by: CAW | April 15, 2009, 7:29 pm 7:29 pm
WOW, somebody in Obama’s administration alledgedly paid taxes… This should be a Headline story!!!
Posted by: hmn | April 15, 2009, 7:31 pm 7:31 pm
I kind of see a pattern with the Obama family – want, want, want.
Posted by: brad | April 15, 2009, 7:33 pm 7:33 pm
Girl Friday,
Do you not truly believe in the Lord?
I give 90% of my income to the Lord.
Posted by: jiml1956 | April 15, 2009, 7:34 pm 7:34 pm
Dear IRS,
I am sorry to inform you that I will not be able to pay taxes owed
April 15, but all is not lost.
I have paid these taxes: accounts receivable tax, building permit tax,
CDL tax, cigarette tax, corporate income tax, dog license tax, federal
income tax, unemployment tax, gasoline tax, hunting license tax,
fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax,
liquor tax, luxury tax, Medicare tax, city, school and county property tax
(up 33 percent last 4 years), real estate tax, social security tax, road
usage tax, toll road tax, state and city sales tax, recreational
vehicle tax, state franchise tax, state unemployment tax, telephone federal
excise tax, telephone federal state and local surcharge tax, telephone
minimum usage surcharge tax, telephone state and local tax, utility
tax, vehicle license registration tax, capitol gains tax, lease severance
tax, oil and gas assessment tax, Colorado property tax, Texas,
Colorado, Wyoming, Oklahoma and New Mexico sales tax, and many more that I can’t
recall but I have run out of space and money.
When you do not receive my check April 15, just know that it is an
honest mistake. Please treat me the same way you treated Congressmen Charles Rangle, Chris Dodd, Barney Frank and ex-Congressman Tom
Dashelle and, of course, your boss Timothy Geithner. No penalties and no interest.
Sincerely,
Posted by: CAW | April 15, 2009, 7:37 pm 7:37 pm
CAW:”Please treat me the same way you treated Congressmen Charles Rangle, Chris Dodd, Barney Frank and ex-Congressman Tom
Dashelle and, of course, your boss Timothy Geithner. No penalties and no interest. ”
Dear CAW,
All the people you cited were required to pay full interest, although since premeditation was not seen they were not charged punitive fines. As you are clearly on record as deliberately and with intent shirking your duty to pay for our armed forces, infrastructure, legal system, and general trappings of a first world nation, you are liable for both the full interest penalties paid by the aforementioned luminaries and civil penalties including fines and imprisonment.
Sincerely,
Posted by: jhw539 | April 15, 2009, 7:40 pm 7:40 pm
Yes. ABC where is your coverage of the protests going on ALL OVER THE COUNTRY???? Why no coverage? What is behind the negligence?
P.S. Obama’s made double in the previous year. I guess Michele’s position was quite lucrative. See their 2007 earnings.
Posted by: bpower | April 15, 2009, 7:41 pm 7:41 pm
JHW539,
You may be embarrased! Talk to the charities and experts about Obama’s proposed tax plan (actually hopes, as this will never pass Congress)regarding the loss of tax deductions for charitable contibutions. You need to get the facts. And Just FYI, I am now an Indepedent. That is a “change” from voting Dem my entire life. And yes, Pres. Obama has done plenty of talking about spreading the wealth. And NO, he is not following his own words and his own agenda as to what he thinks should be the percentage of taxable income as well as deductions. And Joe Biden actually talked about not paying in more taxes as being “unpatriotic.” Well, he is right there with Pres. Obama and paid taxes AFTER deductions (adjustments). Noone is forced to take any deductions. That is a choice. But they wanted to pay in the least that they could. Just like the rest of us. So yes, I say Pres. Obama talks the talk but he did not walk the walk on this one.
Posted by: PMC | April 15, 2009, 7:41 pm 7:41 pm
Girl Friday,
Do you not truly believe in the Lord?
I give 90% of my income to the Lord.
Posted by: jiml1956
————————I hope you are kidding and if you are not you must be really brainwashed. Chances are the Lord does not have a bank account and you are giving it to a man or woman that has you snookered. When I see statements like that I thank God I am athiest. Did you catch that? :)
Posted by: CAW | April 15, 2009, 7:41 pm 7:41 pm
jhw539, they only paid their interest & penalties AFTER they got a promotion!
Posted by: penney | April 15, 2009, 7:43 pm 7:43 pm
Dear CAW,
All the people you cited were required to pay full interest, although since premeditation was not seen they were not charged punitive fines. As you are clearly on record as deliberately and with intent shirking your duty to pay for our armed forces, infrastructure, legal system, and general trappings of a first world nation, you are liable for both the full interest penalties paid by the aforementioned luminaries and civil penalties including fines and imprisonment.
Sincerely,
Posted by: jhw539 ————–Please lighten up. It was just a funny post I found. I pay my dues every year and as a 30 yr retired Master Chief I make sure not to ever do anything against the military. Smile it will make you feel better.
Posted by: CAW | April 15, 2009, 7:45 pm 7:45 pm
One can only wonder what new drama will come from Obama tomorrow. Does it ever end?
Posted by: Janet | April 15, 2009, 7:46 pm 7:46 pm
“Yes. ABC where is your coverage of the protests going on ALL OVER THE COUNTRY???? Why no coverage? What is behind the negligence?”
This has to be the new right wing spam as this keeps getting posted even though there are 3 articles dealing with the tea parties today on political punch alone.
There are also 3 articles on the Note blog, an article in the Numbers section and a general summary in the politics section.
The lesson as always? Right winger lie.
Posted by: Ryan C | April 15, 2009, 7:47 pm 7:47 pm
I don’t think ABC is giving those who post here much credit, there is no story here, we have known for many, many years Politicians are very wealthy, don’t pay taxes and get away with about anything, including murder.
You can’t get in to Politics without lying, cheating and stepping all over the voters who put you in office.
I thought about that a few minutes ago after filing my Business taxes by 8:00.
I thought we were to see Change that would help the smaller business owners….imagine that…my taxes I paid every month AND Quarter were just not enough.
Where is the coverage on the Tax Parties?????
Posted by: gatornation1957 | April 15, 2009, 7:59 pm 7:59 pm
“Yes. ABC where is your coverage of the protests going on ALL OVER THE COUNTRY???? Why no coverage?————————–It is posted and even if it were not, why would ABC promote FOX, Hannity, Rush, Savage, and Newt. Thats all the Tea Party gimmick was. A promotion to start bashing Obama early on and well before the next election. After all isnt that the only way Republicans know how to win an election. Spend 90 percent of the time smearing the other guy and 10 percent talking about what they would do to help the country. Just take our recent past election as an example. Nice to see the party is really trying to fix itself. The rudderless ship carries on.
Posted by: CAW | April 15, 2009, 7:59 pm 7:59 pm
Janet:”One can only wonder what new drama will come from Obama tomorrow. Does it ever end?”
Releasing tax returns is now drama?
Posted by: jhw539 | April 15, 2009, 8:02 pm 8:02 pm
You know when Obama has a 72 percent approval rating on what he is doing with his tax plan doesnt the 28 percent against it have to atleast wonder if its maybe themselves that are wrong. I certainly would if that many more Americans thought he was right.
Posted by: CAW | April 15, 2009, 8:03 pm 8:03 pm
Janet,
Do you not know what today is? Do you think Obama randomly picked this day to publish his tax returns?
Posted by: jiml1956 | April 15, 2009, 8:04 pm 8:04 pm
It is really interesting that a hugh group really don’t get the life issue.
Give to the gov’t what is theirs and to the Lord what is his. God really doesn’t care because God already has everything. He wants your heart. If you love, you will give.
BTW, I don’t have “some pastor” getting my money and living the high life. That is not what giving to the Lord is about. Sadly, some “pastors” do this (Al Sharpton come to mind?).
Come to think of it, my religion supports mission work worldwide and can document that it was one of the first relief organizations to the Tsumani, Katrina,etc. NOT the government with all its tax money redistributed.
Give a little more from the heart and see the rewards (tangible and intangible) you will reap.
Posted by: Girl Friday | April 15, 2009, 8:05 pm 8:05 pm
CAW,
:)
Posted by: jiml1956 | April 15, 2009, 8:05 pm 8:05 pm
Umm, seems like people are jealous because the obamas are giving people. I guess you gotta say something bad about them since most people are miserable in their own lives.
Posted by: liz | April 15, 2009, 8:06 pm 8:06 pm
Maybe one day when their children are older they’ll explain to mommy and daddy that it was pretty weird to insist that other people give what they are not willing to give.
Posted by: Maybe one day | April 15, 2009, 8:08 pm 8:08 pm
Posted by: brad | Apr 15, 2009 7:33:36 PM
“I kind of see a pattern with the Obama family – want, want, want.”
Well Brad, we kind of see a pattern with you – whine, whine, whine.
Posted by: Austin | April 15, 2009, 8:08 pm 8:08 pm
LOL!!!!! These Tea Parties were SUCH A BUST, you ave the aliens posting here BEGGING for coverage!!! (Knock) (knock) the event received the appropriate coverage warranted! It was non-event! It was quickly deduced that the Tea Parties were organized by many extreme right-wingers which suddenly was subtly co-sponsored by FOXNews (a major reason why most media are shirking away, and finally embraced by the Republican Party. What started as a non-partisan effort (and really could have made an impact)quickly became another mechanism employed by a party without a clue. First, Palin-no! Then, Michael Steele–no no!!! Now, the Tea Parties..NOPE! Three strikes! You’re out!!! You are now banaished back to Back to FOX News (?) (LOL!!!)
Posted by: FS | April 15, 2009, 8:09 pm 8:09 pm
For all those who say Obama has raised their taxes, will you please give one instance of this happening to you personally? Thank you.
Posted by: Kay Ramsey | April 15, 2009, 8:12 pm 8:12 pm
No wonder Biden thinks paying taxes is patriotic, because he does not believe in charity giving…what a guy!!!
By the way, Obamas were not charitable much before he announcement he was running for president. Check it out. He became more charitable when he knew people are going to look closely in his tax filings.
Posted by: Frieda | April 15, 2009, 8:22 pm 8:22 pm
Quick everyone focus on your tv – they’re about to parade distraction dog accross the yard. Whew, that should buy them another day or two.
Posted by: Ryan | April 15, 2009, 8:28 pm 8:28 pm
Frieda, cite your sources. You ask us to check it out, But check it out where? Since your kind are absolutely notorious for misinterpreting, convoluting, and just plain making up things..oh yes, and lying… I would be quite interested in reading your source or sources.
Posted by: FS | April 15, 2009, 8:30 pm 8:30 pm
Frieda:”He became more charitable when he knew people are going to look closely in his tax filings.”
It also corresponds pretty closely to when he and his wife finished paying off their school loans and he hit the NY Times bestseller list paydirt.
Posted by: jhw539 | April 15, 2009, 8:33 pm 8:33 pm
jhw539,
How many books have you written lately?
How many copies did they sell?
Posted by: jiml1956 | April 15, 2009, 8:33 pm 8:33 pm
Ryan! LOL!!! That was rather funny!!! …”distraction dog!” Very clever! Well, I guess you people do need something else because your Tea Parties did not capture the nations attention! So… now your kind will usurp the Obama’s dog to use in your vitriol?
Posted by: FS | April 15, 2009, 8:34 pm 8:34 pm
“By the way, Obamas were not charitable much before he announcement he was running for president. Check it out. He became more charitable when he knew people are going to look closely in his tax filings.”
ROFLMAO!
You mean in 2005 when his book royalties began rolling in and the joint income of the Obama’s went from $207K to $1.6M?
Posted by: Ryan C | April 15, 2009, 8:37 pm 8:37 pm
Tea party? What tea party? Should we bring crumpets?
Posted by: annette | April 15, 2009, 8:38 pm 8:38 pm
jiml1956:”jhw539,
How many books have you written lately?
How many copies did they sell?”
Note quite sure where you’re going with that. I’ve written a few articles for technical journals with a distribution of about 50,000 people and am working on a handbook section, but as an engineer writing isn’t my forte. It clearly is Obama’s – the sales of his books really sky rocketed since his premiere speech for obvious reasons.
Posted by: jhw539 | April 15, 2009, 8:42 pm 8:42 pm
“Tea party? What tea party? Should we bring crumpets?”
Please do as its my un-birthday today.
Posted by: Ryan C | April 15, 2009, 8:48 pm 8:48 pm
Oh Ryan C, I was always hoping you would give it a rest on your birthday. You proved me wrong.
Posted by: Jane | April 15, 2009, 8:52 pm 8:52 pm
jhw539,
My apologies. I obviously meant to ask that question of someone else.
Someone had brought up Blago or Ayers or Rezko, or some other nonsense.
Man, we need standards for commenting software. Poster’s name should always be on top, or bottom.
Posted by: jiml1956 | April 15, 2009, 8:52 pm 8:52 pm
“Oh Ryan C, I was always hoping you would give it a rest on your birthday. You proved me wrong.”
Someone please buy Jane a clue since the un-birthday reference sailed clear over her head.
Posted by: Ryan C | April 15, 2009, 8:54 pm 8:54 pm
That’s really not that much. It’s nice they’re willing to pay more in tax due to their ability to do so.
Posted by: Eric | April 15, 2009, 9:03 pm 9:03 pm
jiml1956:”My apologies. I obviously meant to ask that question of someone else.”
No problem – as my frequent typos attest, I don’t expect too much formality and proofreading in this sort of place!
Posted by: jhw539 | April 15, 2009, 9:08 pm 9:08 pm
Eric,
Let’s demand a government web site where every congressman and senator posts their tax returns.
Then we can judge their generosity compared to theirs.
Remember when Cindy McCain would release hers?
Posted by: jiml1956 | April 15, 2009, 9:11 pm 9:11 pm
Damm and this guy can put Mccain in a hell hole during the election about how many houses Mccain has? and of course the most ignorance kind of people of all human nature(Americans) were so into Obama bashing Mccain could not see all this. Well not a damm thing we can do, now it’s our turn to hope. Hope to get this guy out of office. No tea party coverage, that reminds me of a communist country. They will never show the bad side of their own.
Posted by: vegas | April 15, 2009, 9:16 pm 9:16 pm
“Let’s demand a government web site where every congressman and senator posts their tax returns”
That’s a good idea.
Currently you can access financial disclosure forms on all members of Congress that can be viewed either at opensecrets or the Washington Posts Congress Votes database but that’s not tax returns.
Posted by: Ryan C | April 15, 2009, 9:17 pm 9:17 pm
“Damm and this guy can put Mccain in a hell hole during the election about how many houses Mccain has?”
McCain put himself in that hole by not being able to answer a question that is pretty simple.
“No tea party coverage, that reminds me of a communist country.”
Yeah no coverage except for the 3 articles on this political punch blog, 3 articles on the Note blog and regular network coverage.
The lesson as always? Right wingers lie.
Posted by: Ryan C | April 15, 2009, 9:21 pm 9:21 pm
“…since you have a history of exagerating the President’s words, could you please provide the EXACT QUOTE of what he said?”
October 2, 2008:
“‘Here is what I can tell the American people: 95 percent of you will get a tax cut,’ Obama said during last week’s debate.”
Posted by: Fascist Hyena | April 15, 2009, 9:22 pm 9:22 pm
Why do I hear crickets every time I visit this blog?
Posted by: JLB | April 15, 2009, 9:22 pm 9:22 pm
It pays to have an education and be able to write. God Bless America!
Posted by: rakko | April 15, 2009, 9:26 pm 9:26 pm
I wonder if Obama checked with Biden before he made his declaration at the last presser about how changing deductions won’t alter how much people give to charity.
Obama gave about the same amount when he made in the same range.
Perhaps it’s a nice clue about why people are protesting today. Obama has decided a certain part of our population will be able to pay for all of his programs, but we can all see it simply isn’t true. Even his VP is too stretched to contribute much to charity or invest in the stock market.
Posted by: MayBee | April 15, 2009, 9:27 pm 9:27 pm
“He has stated that the tax credit will help offset payroll taxes for those WORKING families who do not have an income tax liability.”
In what sense does it “offset” their payroll taxes any more than it offsets their liquor bills? It is money given to them (it doesn’t reduce their payroll tax at all). They can use it for anything they want, including buying a dog or playing the lottery. It is not a tax cut, and he depends of fools to sell it as one.
Posted by: Fascist Hyena | April 15, 2009, 9:28 pm 9:28 pm
Accepting bids for mobile shreadding project in Chicago.
Please submit bids to ObamaNation.
Posted by: Rasputin3.14 | April 15, 2009, 9:28 pm 9:28 pm
You know, it really bugs me that campaign donations don’t have to be treated as business income.
These guys flew all over the country, all over Europe, to Hawaii, all on free money.
It should be taxable.
Posted by: MayBee | April 15, 2009, 9:30 pm 9:30 pm
“In what sense does it “offset” their payroll taxes any more than it offsets their liquor bills”
The working class as a bunch of drunks….
The right wing is doing the Democrats job for them come 2010.
Posted by: Ryan C | April 15, 2009, 9:32 pm 9:32 pm
“These guys flew all over the country, all over Europe, to Hawaii, all on free money.
It should be taxable.”
Or just make elections publicly financed.
Posted by: Ryan C | April 15, 2009, 9:33 pm 9:33 pm
They told me that if I voted for McCain we’d have a government that would demonize its political opponents and threaten their privacy and civil liberties, and they were right:
“The top House Democrat overseeing the Department of Homeland Security is demanding that officials there explain how and why they wrote and released a controversial report identifying veterans as potential terrorist threats.
“Rep. Bennie G. Thompson of Mississippi, chairman of the House Homeland Security Committee, said in a letter to DHS Secretary Janet Napolitano that he was ‘dumbfounded’ such a report would be issued.
“‘This report appears to raise significant issues involving the privacy and civil liberties of many Americans — including war veterans,’ Mr. Thompson said in the letter sent Tuesday.”
Posted by: Fascist Hyena | April 15, 2009, 9:36 pm 9:36 pm
Or just make elections publicly financed.
=======
Hmmm….I seem to remember one candidate this election backing out of his pledge to go with the public financing option.
I don’t see why campaign donations shouldn’t be taxed.
Posted by: MayBee | April 15, 2009, 9:37 pm 9:37 pm
Please keep in mind people that he has written books that have sold very well. He made honest money and he has paid his taxes. Now filing a tax return for 2.6 million dollars is one thing. Losing track of how many houses you have is completely different.
Posted by: Andrew | April 15, 2009, 9:38 pm 9:38 pm
“The working class as a bunch of drunks….”
Notice how energetically Ryan C avoids answering the question. He doesn’t answer it because he can’t: He knows that what Obama is calling a “tax cut” is really just a gift of money that can be used for any purpose at all.
Posted by: Fascist Hyena | April 15, 2009, 9:39 pm 9:39 pm
“They told me that if I voted for McCain we’d have a government that would demonize its political opponents and threaten their privacy and civil liberties, and they were right:”
Because there are no right wing extremists so stop saying that!
Mon., July 28, 2008
KNOXVILLE, Tenn. – An out-of-work truck driver accused of opening fire at a Unitarian church, killing two people, left behind a note suggesting that he targeted the congregation out of hatred for its liberal policies, including its acceptance of gays, authorities said Monday.
A four-page letter found in Jim D. Adkisson’s small SUV indicated he intentionally targeted the Tennessee Valley Unitarian Universalist Church because, the police chief said, “he hated the liberal movement” and was upset with “liberals in general as well as gays.”
I wonder what his free republic handle was.
Posted by: Ryan C | April 15, 2009, 9:42 pm 9:42 pm
“He knows that what Obama is calling a “tax cut” is really just a gift of money that can be used for any purpose at all.”
OMG Obama is gonna let people spend their tax cut as they see fit!
As opposed to other tax cuts where the government tells you how to spend it!
ROFLMAO!
Posted by: Ryan C | April 15, 2009, 9:43 pm 9:43 pm
“For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase ‘tax credit’… You can receive these checks even if you have no income-tax liability. In other words, they are an income transfer — a federal check — from taxpayers to nontaxpayers. Once upon a time we called this ‘welfare,’ or in George McGovern’s 1972 campaign a ‘Demogrant.’ Mr. Obama’s genius is to call it a tax cut… There’s another catch: Because Mr. Obama’s tax credits are phased out as incomes rise, they impose a huge ‘marginal’ tax rate increase on low-income workers… Some families with an income of $40,000 could lose up to 40 cents in vanishing credits for every additional dollar earned from working overtime or taking a new job.”
If you’re in favor of these welfare payments, gather up your courage and go right ahead and say so. But don’t debase the language by calling them “tax cuts.”
Posted by: Fascist Hyena | April 15, 2009, 9:43 pm 9:43 pm
“Obama is gonna let people spend their tax cut as they see fit!”
No, he’s gonna let them spend their welfare check as they see fit, which is as it should be. Provided that you think they should get those welfare checks, and provided that you identify them as such instead of pretending they are “tax cuts.”
Posted by: Fascist Hyena | April 15, 2009, 9:45 pm 9:45 pm
“Hmmm….I seem to remember one candidate this election backing out of his pledge to go with the public financing option”
Actually there were two candidates.
McCain signed up for public financing during the primary to keep his campaign afloat, then unilaterally backed out of any spending restrictions while using the early promise of FEC funds to secure loans.
Obama left a carefully worded statement that sought to address 3rd party ads as well as the candidates.
Obama promised to negotiate with his opponent but there seems to have been very little of that.
Posted by: Ryan C | April 15, 2009, 9:46 pm 9:46 pm
“‘This report appears to raise significant issues involving the privacy and civil liberties of many Americans — including war veterans,’ Mr. Thompson said in the letter sent Tuesday.”
Is Rep. Thompson a right-wing extremeist?
Posted by: Fascist Hyena | April 15, 2009, 9:48 pm 9:48 pm
“For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase ‘tax credit’”
Here’s some of those “welfare” credits.
A $500 tax credit ($1,000 a couple) to “make work pay” that phases out at income of $75,000 for individuals and $150,000 per couple.
- A $4,000 tax credit for college tuition.
- A 10% mortgage interest tax credit (on top of the existing mortgage interest deduction and other housing subsidies).
- A “savings” tax credit of 50% up to $1,000.
- An expansion of the earned-income tax credit that would allow single workers to receive as much as $555 a year, up from $175 now, and give these workers up to $1,110 if they are paying child support.
- A child care credit of 50% up to $6,000 of expenses a year.
- A “clean car” tax credit of up to $7,000 on the purchase of certain vehicles.
But hey keeping calling working American freeloader and drunks.
2010 is gonna be a breeze.
Posted by: Ryan C | April 15, 2009, 9:49 pm 9:49 pm
“Obama left a carefully worded statement…,” i.e. a Clintonesque statement. Too bad he isn’t as careful with his use of the term “tax cut.”
Posted by: Fascist Hyena | April 15, 2009, 9:50 pm 9:50 pm
“I don’t see why campaign donations shouldn’t be taxed.”
Should speech be taxed?
I ask that rhetorically of course but I am referring to the problem that buggers public financing as well as your tax plan and that is Supreme Court rulings making money equal to speech.
Posted by: Ryan C | April 15, 2009, 9:50 pm 9:50 pm
“Here’s some of those ‘welfare’ credits.”
For people who pay no taxes, what are they credits against? Why are you unable to acknowledge that they are just gifts? Does that inescapable fact embarrass you?
Posted by: Fascist Hyena | April 15, 2009, 9:52 pm 9:52 pm
From the Business Glossary:
“Tax Credit
“Reduction in taxes payable to the Internal Revenue Service or local government. A tax credit is more beneficial to the taxpayer than an itemized deduction because it reduces taxes on a dollarfor- dollar basis.”
Mr. Obama is lying.
Posted by: Fascist Hyena | April 15, 2009, 9:55 pm 9:55 pm
From InvestorWords.com:
“Tax Credit
Definition
“The direct dollar-for-dollar reduction of an individual’s tax liability; compare with tax deduction, which reduces an individual’s tax liability only in proportion to his/her tax bracket.”
Mr. Obama is lying.
Posted by: Fascist Hyena | April 15, 2009, 9:58 pm 9:58 pm
“For people who pay no taxes, what are they credits against”
ROFLMAO!
You really think people who pay no taxes are gonna buy a hybrid because of the tax credit or claim $4000 for college?
And again you bring in the lie that these people are not taxpayers when they pay payroll taxes if not net income taxes.
Posted by: Ryan C | April 15, 2009, 9:59 pm 9:59 pm
Should speech be taxed?
====
Of course it already is. Those campaign ads cost money, and the people that earn the money either from the production or the airing of the ad make money and have to pay taxes on it.
The one getting the free ride is the candidate. He’s like a businessman that has to pay no taxes at all on his business income.
Posted by: MayBee | April 15, 2009, 9:59 pm 9:59 pm
Thinking, you asked why aren’t the cover the teabag foolishness. I agree with Dee. Most of the people at the teabag rally don’t even pay taxes they get refunds. Most don’t even know what they protesting except Fox News and King Rush told them to do so. Why didn’t they teabag against Bush.
Posted by: Tonya | April 15, 2009, 9:59 pm 9:59 pm
From the Free Dictionary online:
“Tax credit – a direct reduction in tax liability (not dependent on the taxpayer’s tax bracket).”
Mr. Obama is lying.
Posted by: Fascist Hyena | April 15, 2009, 10:02 pm 10:02 pm
“And again you bring in the lie that these people are not taxpayers when they pay payroll taxes.”
I do not. I describe them as people who pay no income tax. They are not getting credits against their payroll taxes; they will continue to pay the exact same taxes except they will get a check in the mail. That is not a tax credit at all. It is a transfer payment, also known as a welfare check.
Posted by: Fascist Hyena | April 15, 2009, 10:06 pm 10:06 pm
“Of course it already is. Those campaign ads cost money, and the people that earn the money either from the production or the airing of the ad make money and have to pay taxes on it.”
That is not taxing speech.
Again, taxing campaign donations directly wold be akin to taxing speech.
How do you get around that?
Posted by: Ryan C | April 15, 2009, 10:06 pm 10:06 pm
You really think people who pay no taxes are gonna buy a hybrid because of the tax credit or claim $4000 for college?
============
Why wouldn’t they claim a credit for college? Student aid and grants are available for the student with low income earning parents.
Not so for the higher wage earners, who have to save their own money to pay for college.
Posted by: MayBee | April 15, 2009, 10:07 pm 10:07 pm
Let’s not focus on whether it is a tax cut or welfare payment. Let’s focus on Distraction Dog – isn’t he cute!
Posted by: BO | April 15, 2009, 10:11 pm 10:11 pm
I am making way less in 2008 and 2009 than I did in 2007 because I lost my job in 2008. In fact techincally I didnt make anything this year because I have been collecting unemployment since June 2008 until now (I have like 6 weeks left). I wonder what Obama made this year (2009) in taxable income? More or less than last year? I wonder what the U.S. Government is going to do when 20 million unemployed people also dont pay income taxes because they have no income. I also wonder what the CEO’s of say GM, Bank of America, Citibank and Wachovia made this year and last and how much tax they are going to pay. Does Waggoner of GM have to pay income taxes on his severance pay? Is that considered income? Anyway its nice to know Obama would rather spend our money than his own. I guess he can afford a dog from a dog breeder since he makes this much money. The heck with the tens of millions of hypo-allergenic shelter dogs he could have chose from. Is this how Obama leads-by-example? Give me the best of everything while you toss away your college degree in the garbage and go build bridges roads and railroads.
Posted by: obamaisbad4u | April 15, 2009, 10:15 pm 10:15 pm
“Student aid and grants are available for the student with low income earning parents.”
They are also available to students with rich parents.
“Not so for the higher wage earners, who have to save their own money to pay for college.”
You mean their kids college.
Their kids of course can apply for financial aid and loans etc just like everyone else.
In fact that is the route most middle class families take since college is so expensive.
So now the right wing is whining about having a more educated populace and allowing even student of merit with low income backgrounds.
Why is winning the birth lottery of having rich parents such a burden and so unfair because poor students get fed aid?
No wonder you guys got your clocks cleaned the last 2 elections.
You really hold a majority of society in contempt.
Posted by: Ryan C | April 15, 2009, 10:17 pm 10:17 pm
ABC,CNN,NBC, MSNBC are in the tank for Obama. Like the kids said “Fiscal child Abuse!”
Posted by: Fae | April 15, 2009, 10:20 pm 10:20 pm
Ryan C:
So now the right wing is whining about having a more educated populace and allowing even student of merit with low income backgrounds.
==========
No. I believe I asked why you didn’t think lower wage earners would be taking college tax credits.
Posted by: MayBee | April 15, 2009, 10:26 pm 10:26 pm
To all my Democratic Friends and enlightened Republican Friends
Lets have a Coffee party.
Theme: Right Wingers HAVE A CUP OF JOE ….. WAKE UP!!!
Posted by: Omentum | April 15, 2009, 10:32 pm 10:32 pm
What does Biden do with his money? We know he doesn’t give it to charities. How could he have only $273 of interest income and $0 dividends. I hope it’s not being spent on “coke”.
Posted by: jeff | April 15, 2009, 10:33 pm 10:33 pm
Gosh, Barack and Michelle are climbing
the social ladder quickly. By the time he leaves office, he’ll be almost as rich as Billy C. is now, with the
sky the limit from thereon. And, boy,
this guy and his “machine” will make
the Clintons look like Arky trailer
bums in no time. Think of it as long
overdue reparations…….
Posted by: Trajan | April 15, 2009, 10:40 pm 10:40 pm
The lack of media coverage on these is just as sickening as what our government is doing with our money!
Posted by: Joe | April 15, 2009, 10:49 pm 10:49 pm
You should really be fair and post the Obama’s charity contributions for 06 and 07. The contributions were less than 3,000.00. Now they’re in the big house,and they want all Americans to believe they are generous.After all lack of generosity would be a sign of American arrogance. But true arrogant sissy britches never like to part with their money for charity purposes.
Posted by: lINDA | April 15, 2009, 10:53 pm 10:53 pm
Hope all those Obama voters who bought his works of fiction last year and are now out of work and out of gas and unable to find a job, enjoyed their books a whole lot. Maybe they can burn them for fuel, while contemplating the $48,000+ the fraudulent First Couple spent on tuition last year.
Oh, look over there! It’s a dog!
Posted by: Kat5 | April 15, 2009, 11:13 pm 11:13 pm
They told me if I voted for McCain we’d have a government that engaged in illegal domestic spying against its own citizens, and they were right:
“WASHINGTON — The National Security Agency intercepted private e-mail messages and phone calls of Americans in recent months on a scale that went beyond the broad legal limits established by Congress last year, government officials said in recent interviews.
“Several intelligence officials, as well as lawyers briefed about the matter, said the N.S.A. had been engaged in ‘overcollection’ of domestic communications of Americans. They described the practice as significant and systemic…”
Posted by: Fascist Hyena | April 15, 2009, 11:26 pm 11:26 pm
Thomas Jefferson said:
“A government big enough to give you everything you want, is big enough to take away everything you have.”
That’s what Obama, Nancy Pelosi and Harry Reid are aiming for.
Posted by: susie | April 15, 2009, 11:39 pm 11:39 pm
Politico Reports:
In the five years before Obama entered the Senate, the couple’s annual income hovered around $250,000. They also made very modest charitable contributions. In 2002, they gave just $1,050, or 0.4 percent of their income, to charity. The Obamas have said they were still paying off student loans during that period.
============
Yes, they claim they had some financial difficulty at that point, but everyone else making that money now is “wealthy”.
The Obamas made money on his book largely by running for national office. He received tax-free contributions to run, then received a taxpayer funded salary and benefits to perform a job for which he was absent for 2 years. All the while his book sales rose due to his increased visibility.
I do not begrudge him this, but let us keep it in mind when he reprimands others for being “greedy” and getting rich off bubbles, and not providing enough of a public good for the money they are paid.
Posted by: MayBee | April 15, 2009, 11:41 pm 11:41 pm
Poll conducted by Harris for the Tax Foundation:
“Despite the recent political and economic shakeups, the Tax Foundation’s 2009 Survey of U.S. Attitudes on Taxes, Government Spending and Wealth Distribution shows that American opinions on tax issues have not changed markedly since 2007, the last time the survey was done. Issues of tax complexity, fairness and burdens continue to be important to the American people.
“To test whether U.S. adults view their tax burdens as too high or too low, the poll asked what the maximum percentage of a person’s income should go to all taxes-federal, state and local. This year, the average response given is 15.6 percent.
“‘This average is significantly lower than he Tax Foundation’s estimates of the nation’s actual average total tax burden: 28.2 percent of income,’ said Matt Moon, the Tax Foundation’s Manager of Media Relations, and author of the report on this year’s survey, Tax Foundation Special Report No. 166.”
Posted by: Fascist Hyena | April 15, 2009, 11:43 pm 11:43 pm
What kind of man makes 2.6 million a year and leaves his own Aunt, living in the country illegally, live in squaler in public housing at taxpayer expense?
Posted by: valwayne | April 16, 2009, 12:09 am 12:09 am
First off, in response to jiml1956, I have a couple of books you might want to read. The first is a play by Ibsen called “An Enemy of the People” and the second is of course “1984.” Read them and then dare to ask such a ridiculous question as you posed on here earlier. Being in the current political minority does not make our opinions and beliefs wrong, it only makes them unpopular. Frankly, I have learned very quickly that this lack of popularity is not due to any genuine disbelief in our way of thinking but rather in outrage that we would dare to voice the fears that everyone else has but won’t admit to. We live in a society where people continually try to pretend that everything is just peaches because it’s easier that way. I’m tired of all of the pretense…doesn’t it make you sick to lie to yourselves?
What’s worse is that it starts at the highest chain of command. I am absolutely disgusted with the way that our current President tries to be something that he isn’t. I am sick of hearing about how he “worked his way up” and blah, blah, blah. I mean really, cry me a f***ing river. The worst part is that if he had donated the money he spent on his daughters’ private education to the Chicago school system–as he says we all should be doing–then he really COULD have made a difference. Everyone on here–regardless of their political affliation–knows that schools that do poorly suffer from a lack of funding. Instead of just keeping the status quo for his two fithy rich brats, he could have helped thousands of children–including said rich brats who would have learned a valuable lesson. Several ignorant people on here have made comments about Republicans all being privately schooled–well I have a reality check for you! I went to public school and I HAVE had to work my way through life–and I don’t regret it one bit. In fact, I got an excellent education at a public school through the International Baccalaureate Program. Frankly, I learned more there than I did at the private university I went to after high school where I paid $40,000 a year to hold wooden clothes pins above glass flasks because bunsen burners cost too much money…
Now, I’m 26 and broke as can be, but I don’t WANT the government to give me money because it is my right and my responsibility to pursue happiness on my own. Looking for handouts is just a cop out that gets you nowhere in the long run. Last year I made $12,000 and I barely had money to eat…and I’m NOT complaining, just providing an example. I never once thought of going to get food stamps or applying for welfare because it’s not the right thing for me. I would rather struggle on my own than beg scraps off of someone else’s table.
So when you say all Repbulicans are spoiled, rich people you really should think again. Some of us are simply realists because we KNOW what it means to have no money–and like it or not the US has NO money to spend on causes right now–regardless of how worthy or unworthy they may be. And yes folks, this does include education and health care. No matter how nice daydreams are, they are still only idle fantasies. They just aren’t viable in the real world. Kindly wake up and stop demanding things that don’t exist…
Posted by: disgusted_Republican | April 16, 2009, 12:17 am 12:17 am
Why don’t you all go back to Econ 102. This recession was in place long before Obama took office.
Then why don’t you go back to history and see just how well Reagon Supply Side Economics worked; when he gave a tax relief. Yeah that worked well…
I can’t stand people who are so quick to point fingers to a president who has been in office for what about 3 months. Wake up people, when a plan is implented it can take years for it to be seen. It took 4 years for Clinton’s plan to be seen. He brought us into a surplus from the deficit that Reagon and Bush left us.
Posted by: vstori | April 16, 2009, 1:37 am 1:37 am
What a sham! The Obamas did not “share the wealth” enough and give to charity. If you want others to give all they’ve got then, you have to also.
Posted by: Mihann | April 16, 2009, 1:58 am 1:58 am
What are you talking about? President Obama gave almost two hundred thousand dollars to charity. How much did you give?
Posted by: V. Brame | April 16, 2009, 6:16 am 6:16 am
“There are, in every country, some magnificent charities established by individuals. It is, however, but little that any individual can do, when the whole extent of the misery to be relieved is considered. He may satisfy his conscience, but not his heart. He may give all that he has, and that all will relieve but little. It is only by organizing civilization upon such principles as to act like a system of pulleys, that the whole weight of misery can be removed.”
~Tom Paine
… who goes on to advocate establishment of social security, for both the elderly and the young, abolishment of inheritance and the landed monopoly. Further,
“There could be no such thing as landed property originally. Man did not make the earth, and, though he had a natural right to occupy it, he had no right to locate as his property in perpetuity any part of it; neither did the Creator of the earth open a land-office, from whence the first title-deeds should issue.”
While the founders were in general of the better off classes, it was Paine’s arguments which persuaded the ordinary Americans to fight.
Posted by: Flash Override | April 16, 2009, 8:16 am 8:16 am
Jill B.’s Coin accessories are worth more than their gross annual income.
Posted by: DontGet818OnMeNow | April 16, 2009, 8:48 am 8:48 am
VERY charitable people!
Posted by: Hege321 | April 16, 2009, 11:26 am 11:26 am
if $250,000 a year makes one “rich,” at $2.6 million a year, what does that make obama…an ultra-rich capitalist pig?
Posted by: davidfrat21 | April 16, 2009, 1:16 pm 1:16 pm
i would think that someone making $2.6 million a year who is wedded to redistributing wealth would be fessing up a bit more than 7% of his annual income. he could have given away 2/3 of his income and still had nearly $900,000 left over. he’s sure a lot more “charitable” with the taxpayers’ money than he is with his own.
Posted by: davidfrat21 | April 16, 2009, 1:25 pm 1:25 pm
The obamas are your typical “limousine liberals”. They love to tell everyone that rich people are evil, but somehow their own stockpiles of cash just keeps growing and growing.
Liberal politicians make a living off of people being poor. They brainwash the idiotic masses into believing that they can not succeed without their help in washington.
This carefully-crafted strategy has led to the wealthiest members of congress having (D)’s in front of their names. In fact, more then half of all the millionaires in congress are democrats, but i am sure you will never hear that mentioned on cnn. They truly are champions for the poor-ha!
You will also never hear that 300 private jets landed in washington dc for bush’s ingaguration in 2000, and over 600 landed in 2009 for barry o’s.
Why weren’t the global warming nuts screaming about that? I think the answer to that is pretty obvious.
Posted by: Dave | April 16, 2009, 3:27 pm 3:27 pm
“This carefully-crafted strategy has led to the wealthiest members of congress having (D)’s in front of their names. In fact, more then half of all the millionaires in congress are democrats, but i am sure you will never hear that mentioned on cnn.”
Probably because its a useless statistic given how large an edge in members of Congress the Democrats have (they hold nearly 60% of the seats).
But I bet you heard it on FoxNews.
They thank you for your gullibility.
Posted by: Ryan C | April 16, 2009, 3:52 pm 3:52 pm
You will also never hear that 300 private jets landed in washington dc for bush’s ingaguration in 2000, and over 600 landed in 2009 for barry o’s.”
You can’t even get the figures for your stupid talking point right
“Hamilton’s Metropolitan Washington Airports Authority is expecting 500 small jets to land at Dulles between yesterday and Jan. 21. That would set a record, topping the 300 the airport accommodated for President George W. Bush’s 2004 inaugural, Hamilton said. “
Posted by: Ryan C | April 16, 2009, 3:53 pm 3:53 pm
Ryan C–”Probably because its a useless statistic given how large an edge in members of Congress the Democrats have (they hold nearly 60% of the seats).”– Okay, then useing your logic, the actual number of rich dems is equal to the number of rich repubs.. the difference it this.. republicans support a free market system where profit is based on ability and effort. Democrats thrive on telling the “common man” that the wealthy are the cause of problems that the country faces. Its seems pretty apparent, especially in light of recent events that today’s democrats enjoy the same level of wealth as republicans but seem to be the only party to condemn the other side for the same level of wealth that they enjoy. I find it hard to stomach the fact that a president who madeover 2 million last year is outraged that some execs took 1 million dollar bonuses to stay on at a failing company (AIG) long enough to right the ship before they collect their pink slips and depart. I find it even MORE deplorable that Barney Frank and company violated the constitution in assessing a 90 percent tax on the 160 million in bounuses at AIG but said not a word about the 200 million in bonuses handed out to Fannie Mae execs even though Fannie is far more responsible for our current situation than AIG is.. (Maybe he wasn’t upset with fannie becasue of the 400,000 he received from them). The hypocracy of this administration and teh democratically controlled congress is far worse than who is or isn’t “rich”…
Posted by: arkie vet | April 16, 2009, 4:15 pm 4:15 pm
Flash–”It is only by organizing civilization upon such principles as to act like a system of pulleys, that the whole weight of misery can be removed.”
____________
What you fail to see is that while Tomas Paine understood the need of organized charities to impact a sociatial problem, his point was that PRIVATE organization (free from government intervention) could do the most good. This was NOT an advocation of a government run welfare state. Far from it, as most of his doctrinal writings advocated a separation of government from private interests and activities.
Posted by: arkie vet | April 16, 2009, 4:20 pm 4:20 pm
Flash–”There could be no such thing as landed property originally. Man did not make the earth, and, though he had a natural right to occupy it, he had no right to locate as his property in perpetuity any part of it;”— again this excerpt was written to dipose the GOVERNMENTS authority to maintain land “in perpetuity” against is rightful owners (the citizenry). This would have served well as an argument against Imminent Domain issues more than it would have against any issues of private ownership including the passage of held lands to subsequent generations. To read it any other way would be to summize that Paine felt that any land held by private citizens should revert to the government upon their death. I hardly think he would have garnered much support from the populus had this been the message he was conveying..
Posted by: arkie vet | April 16, 2009, 4:29 pm 4:29 pm
“Okay, then useing your logic, the actual number of rich dems is equal to the number of rich repubs.”
Or you can actually look up the numbers vs just guessing.
Based on 2007 financial disclosure in the Senate 7 of the 10 richest Senators were Democrats while 13 of the top 25 were Democrats.
In the House, 4 out of the top 10 richest Congressman were Democrats, 9 out of the top 25.
“republicans support a free market system where profit is based on ability and effort.”
Republicans favor little regulation or oversight in a belief that the invisible hand of the market will solve all.
We now know that is a recipe for disaster.
Posted by: Ryan C | April 16, 2009, 4:40 pm 4:40 pm
Coffee Party we need to organise and campaign- Too little tax and Charitable donations LOL
All you…………..go free yourslves instead of sending off all the tea bags. Spend less and live within your means- you might perhaps break free from being taxed so heavily and start reaping dividends.
Go and do your homework and figure out who is looking out for for your good in the long term
Mr President, I do appreciate your contribution – I hope more will follow your example and pay their taxes and give generously.
Posted by: Pammy | April 16, 2009, 5:31 pm 5:31 pm
Ryan C
You are missing the whole point with your blind defense of the rich democrats in power. All I was demonstrating with my mention of the private jets and ultra-rich democrats in power is that they are hypocrites.
Hollywood, al gore, clintons, obamas, pelosi, kennedys, are all MULI-MILLIONAIRES who make a living out of bashing MULTI-MILLIONAIRES. Honestly, how can you not understand that?
They make a living out of bashing the free market, wealthy Americans, and convincing the ignorant masses that they are too stupid to make it without their help.
The liberals use saul alinsky’s tactics of pushing their socialist policies through, all the while racking up large personal net-worths along the way.
Posted by: Dave | April 16, 2009, 5:32 pm 5:32 pm
the thing i’ve always found odd about liberals’ approach to money is that it is, at one and the same time, the cause of and answer to all our problems. why is everything going to hades in a handbasket? because of money. what’s the way to keep us out of the handbasket? throw money at the problem. there is no doubt something oxymoronic about a left-wing multimillionaire. that’s about on par with the absurdity of gay republicans. it would appear that both groups consist of people who are apparently idiologically opposed to their own lifestyles. very weird.
Posted by: davidfrat21 | April 16, 2009, 5:32 pm 5:32 pm
Kat 5 – I call your tone jealousy -
The dog was a gift by the way and isn’t it adorable.
Enroll in school and get an education
Posted by: Pammy | April 16, 2009, 6:00 pm 6:00 pm
“You are missing the whole point with your blind defense of the rich democrats in power.”
My blind defense was debunking your right wing lies.
“All I was demonstrating with my mention of the private jets and ultra-rich democrats in power is that they are hypocrites.”
Yes its an old right wing talking point that the rich can’t care for the poor.
Or that wealth disqualifies one from acting in the working class’s interest.
Its BS.
“The liberals use saul alinsky’s tactics of pushing their socialist policies through”
ROFLMAO!
You really have no idea who Saul Alinsky was or what his tactics are.
Posted by: Ryan C | April 16, 2009, 6:16 pm 6:16 pm
I have often wondered how the last President before President Obama came to power – I think I now understand what is going on
A lot of individuals appear to have lost direction and they are all indirectly relying on the Government to give them a guideline.
You are fortunate to have someone like President Obama and if you TEA party recipients check on what advantages can be taken up on his legislation instead of wasting precious time and while you are at it – don’t forget to do your tax returns and pay up. We need your cash to get the Country moving again. We have got to pay for all the previous commitments and set out a positive vision. We need money to create all the good jobs etc.
Stay Optimistic – It is early days yet. I have confidence in the President’s vision for the Country and likewise I am optimistic about my vision for my self
Posted by: Compassionate Capitalist | April 16, 2009, 6:40 pm 6:40 pm
“Stay Optimistic – It is early days yet. I have confidence in the President’s vision for the Country and likewise I am optimistic about my vision for my self”
To paraphrase Field Marshal Rommel: “Yes, you can afford to be optimistic…I can’t.”
This spending isn’t something that years from now when it doesn’t work we can just shrug our shoulders and say, “Oh well, at least we gave it the old college try.”
Somebody, somewhere down the line is going to start crying on the campaign trail about how ‘something must be done about this out of control budget!!!’…and folks will nod and agree, forgetting who/what brought it about in the first place.
And we’ll see higher taxation…if that’s possible given what they’re doing to us already.
Perhaps those who pay little or no income tax are willing to gamble with the rest of our incomes and jobs?
Posted by: RR GOP | April 16, 2009, 11:45 pm 11:45 pm
About the tax returns, am I imagining it or are the names of the foreign countries from which they received income and to which they paid taxes… blacked out? Is that typical?
Posted by: Anne Lieberman | April 18, 2009, 7:10 am 7:10 am