Hypocrite Obama takes almost $400K in tax deductions

January 27, 2012 By Carol Greenberg 4 Comments

Remember this from Obama’s State of the Union address last week:

“If you make more than one million dollars a year, you should not pay less than thirty percent in taxes… In fact, if you’re earning a million dollars a year, you shouldn’t get special tax subsidies or deductions.”

Below for your viewing pleasure is a picture of Barack & Michelle Obama’s 2010 tax return. On page 2 one will see the Obamas in spite of Obama’s quote above, made $1,795,614 and took $373,289 worth of deductions:

Obama tax return deductions

The “everyone but me” rule applies here.

Obama paid approximately $454,000 in taxes which amounts to 25% of his income, not the 30% he lectures should be paid by “millionaires,” and he is one.

Anyone who wishes to peruse the entire 59-page return, it can be found here.

Knock yourselves out.