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President Obama's taxes released

President Obama has been supporting the "Buffet Rule" on taxes and on Friday, The President's taxes were released.

The Warren Buffet inspired, proposed tax reform would require people earning more than $100,000 to pay a minimum tax rate of 30 percent.

Buffet paid less in taxes last year than his secretary who makes significantly less than him.

Obama only paid 20.5 percent in taxes last year, but he earned just less than $800,000 , so he wouldn't even qualify for this "Buffet Rule."

 

 

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