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Is Obama's federal subsidy fair?

Posted on: April 13, 2012 at 13:31:26 CT
MUTGR SEC
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He apparently deducted his charitable giving which lowered his effective tax rate to 20.5%. This is clearly legal under the current tax code, but is it "fair"?

Wouldn't it be more "fair" if he simply gave to charities and yet did not use the deductions? Why is it "fair" for families with incomes approaching $1 million to get federal tax subsidies?
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Is Obama's federal subsidy fair? - MUTGR SEC - 4/13 13:31:26
     Unequivocally yes. - MarcTiger MU - 4/13 15:30:24
     According to him, he feels people like him should pay more(nm) - Doc_Nice MU - 4/13 13:59:58
          Then he should do so - ummmm MU - 4/13 14:02:41
               Our tax system is not a charity. You pay what you owe - Doc_Nice MU - 4/13 14:05:02
                    Get the half that pay nothing to kick in some bucks - Coors4bob MU - 4/13 14:32:19
                         How about everybody pay just a little more?(nm) - Doc_Nice MU - 4/13 16:27:45
                    What do you suppose he would do with matching donations? - Alferd Packer MU - 4/13 14:16:09
                         Again, taxes are not charity. They are dues(nm) - Doc_Nice MU - 4/13 14:19:36
                              They provide a legal minimum you can pay, not an absolute - MUTGR SEC - 4/13 14:21:49
                                   And yet you're entitled to do so - Doc_Nice MU - 4/13 14:26:15
                                        RE: And yet you're entitled to do so - ummmm MU - 4/13 14:47:31
                                             Apparently you didn't read my post(nm) - Doc_Nice MU - 4/13 16:26:56
                                        So more taxes won't help balance the budget, eh? - Alferd Packer MU - 4/13 14:47:10
                                             Not at the level of voluntary contributions(nm) - Doc_Nice MU - 4/13 16:27:09
                                   Why, he wouldn't have qualified for the Buffett rule this - MUTGR SEC - 4/13 14:22:55
          First family transfers wealth, avoids taxes..... - MUTGR SEC - 4/13 14:02:25
               Somebody doesn't understand tax law. - MarcTiger MU - 4/13 15:34:05
               Typical liberal---do as I say not as I do - mu7176grad MU - 4/13 14:05:21
                    Are you suggesting he should not follow tax law?(nm) - Doc_Nice MU - 4/13 14:09:13
                         Does tax law mandate that you take advantage of - MUTGR SEC - 4/13 14:11:50
                              Obama pays less than his secretary---the bastard - mu7176grad MU - 4/13 14:13:52
                                   He did pay a lower rate than his secretary.... - MUTGR SEC - 4/13 14:16:33
                                        You seem to be arguing for Obama's point(nm) - Doc_Nice MU - 4/13 14:20:56
                                             he wouldn't have qualified for the Buffet rule if it was in - MUTGR SEC - 4/13 14:24:03
                                                  He has advocated higher taxes on those over 250k(nm) - Doc_Nice MU - 4/13 14:26:50
                                                       His specific "fix" for this problem is his Buffet Rule, - MUTGR SEC - 4/13 14:38:28
                                                            So he hasn't advocated higher taxes on those over 250k?(nm) - Doc_Nice MU - 4/13 16:28:30
     Regardless of who is President the damned tax code - Bulldog Bob Brown MU - 4/13 13:41:43
          Tax code should look like its goal is to raise revenue - mu7176grad MU - 4/13 14:34:54
          agreed, but the preferred nomenclature is to refer to - MUTGR SEC - 4/13 13:43:41
               aren't they?(nm) - JG MU - 4/13 14:00:06
                    Do you take subsidies like - Alferd Packer MU - 4/13 14:08:46
                    RE: aren't they?(nm) - MUTGR SEC - 4/13 14:03:47
                         Ahhh a semantical dance cool - JG MU - 4/13 14:27:59




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