President Obama’s Secretary Paid Higher Tax Rate Than He Did: Approve or Disapprove?

Dumb choices for the answer so I just clicked the first one I hit.

Obama's secretary did not pay a higher rate than he did. The rate does not change. The basis FOR the rate, however, changes. There are income taxes and there are capital gains taxes, etc. The secretary paid taxes on her adjusted annual income for that year, and she paid at a rate determined by how much she made -- in earned income. Salaries, wages, commissions, etc.

The current taxing system in America sucks, I'll grant you that with no argument whatsoever. But I'm getting sick and tired of people bastardizing semantics and then quoting the end product as truth.

I don't know what Obama owns or makes or has or whatever, so I can't speak to him or to Mitt Romney either, who happens to be another target in this argument. Obama is making a salary as president, so I don't know how he has managed to get his earned income down low enough to put him into a lower tax bracket than his secretary. Hmm. But like I said, I don't know the facts here so I'll keep quiet on that subject.

But as for Romney, from what I understand, he doesn't draw a salary from anybody at the present time. All of his money comes from dividends and proceeds from his investments. That stuff is taxed at a different rate than our wages.

Our monies under the current lousy system are already taxed, double taxed, triple taxed, so on and so forth up the gazoo. Was once a time when if you managed to accumulate a good sized savings account for your retirement you could "invest" in safe places such as, for instance, savings bonds or CD's and you could live nicely off your social security and those interest payments and the principal funds would barely get touched. Not so anymore. The interest rates on savings and CD's and whatnot totally suck. You'd better have a good-sized retirement account to supplement the social security, period. And that principal account is going to get hit every year more and more until you're left with nothing.

Increasing tax rates will adversely affect everybody in this country, ultimately. You people who believe the crap the democrats are dishing out with the Buffet Rule and "fairness doctrine" and blatant bullcrap like that need to wake up and smell the coffee. That is, of course, if you can afford to have some in the morning since coffee prices have increased 23% since 2008 -- you know, the magic year when we were going to "change."

Remember the distinctions of tax rates versus actual taxes paid and so on and so forth. But so long as there are people who do not merely envy but are severely jealous of those who have more than they do, money-wise, they are never, ever going to apply any kind of intelligent logic to the situation and see the truth for what it is. 401(k) plans, retirement programs of all kinds receive their "income" via investments. Raise the capital gains tax on "the rich" in America and you are raising the tax on your own retirement funds as well. Not to mention small business whose operating funds are going to need to be increased to accommodate loss of income and, therefore, a simultaneous raise in the cost of their goods, which gets passed on to guess who. The rich? Uh, guess again. I'm talking about "goods" like everything you wear, everything you eat, and entertainment as well.

Do not, repeat not, let Obama fool you, folks. Use your brains for a change and ignore the emotional knee-jerk reactions that are causing us so much trouble. November 2012, get rid of the Marxist-socialist elitists who are running this country into the ground. If you don't, you are not going to like the results, I assure you.