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If by some inexplicable series of
(04-26-2011, 02:50 PM)Duchess Wrote:
Through withholding and estimated tax payments during the year, the Obamas paid $466,104 to the Internal Revenue Service. That was an overpayment, so they are getting a $12,334 refund

And if that $12K was either donated or returned to the Treasury, it would represent 0.7% of his AGI.

In other words . . . his charitable contribution would have been 15% versus 14%.

No one forced him to take deductions and lower his effective rate to 26%.
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Messages In This Thread
If by some inexplicable series of - by IMaDick - 04-23-2011, 08:47 PM
RE: If by some inexplicable series of - by Maggot - 04-23-2011, 08:51 PM
RE: If by some inexplicable series of - by Maggot - 04-23-2011, 08:53 PM
RE: If by some inexplicable series of - by Maggot - 04-23-2011, 09:18 PM
RE: If by some inexplicable series of - by Maggot - 04-23-2011, 09:39 PM
RE: If by some inexplicable series of - by Maggot - 04-23-2011, 10:56 PM
RE: If by some inexplicable series of - by Maggot - 04-23-2011, 11:15 PM
RE: If by some inexplicable series of - by Maggot - 04-24-2011, 12:04 AM
RE: If by some inexplicable series of - by Maggot - 04-24-2011, 12:03 AM
RE: If by some inexplicable series of - by sally - 04-24-2011, 11:19 AM
RE: If by some inexplicable series of - by Maggot - 04-24-2011, 07:56 PM
RE: If by some inexplicable series of - by Maggot - 04-24-2011, 08:32 PM
RE: If by some inexplicable series of - by sally - 04-24-2011, 05:05 PM
RE: If by some inexplicable series of - by Maggot - 04-25-2011, 06:07 PM
RE: If by some inexplicable series of - by Maggot - 04-25-2011, 08:14 PM
RE: If by some inexplicable series of - by Maggot - 04-25-2011, 08:54 PM
RE: If by some inexplicable series of - by Maggot - 04-26-2011, 06:48 AM
RE: If by some inexplicable series of - by Maggot - 04-25-2011, 08:09 PM
RE: If by some inexplicable series of - by BlueTiki - 04-26-2011, 03:01 PM