Obama says folks who make $600, 000 should pay at least 35% of their pay in taxes. I suppose this should be even higher for folks who don't have any household or transportation expenses..
So let's see how much the Obama's paid...
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Fair share? Obama Only Pays 18.4% Tax Rate AP(WSJ)
WASHINGTON—President Barack Obama and First Lady Michelle Obama paid $112,214 in federal income taxes in 2012 on adjusted gross income of $608,611, an effective rate of 18.4%, the White House said Friday.
The first family's income declined from the $789,674 in adjusted gross income they reported in 2011. That year they paid total federal taxes of $162,074, an effective rate of 20.5%. Their 2012 income continues a steep decline from 2010 when they reported $1.7 million in adjusted gross income, the bulk of which was royalties from sales from books written by Mr. Obama.
Read more:
http://nation.foxnews.com/obama-taxes/2013/04/13/fair-share-obama-only-pays-184-tax-rate#ixzz2QN8TJHUL