Thursday, October 18, 2012

Quote of the Day - Michelle Obama Edition Part 5

"See, but your president, he didn't point fingers, he didn't place blame. Instead, he got to work, because he was thinking about folks like my dad and like his grandmother. See, and that's why he cut taxes for small businesses and for working families because he believes that in America, teachers and firefighters should not pay higher tax rates than millionaires and billionaires."

This just shows how delusional those two really are.   

Sigh, lets go over this again, the average federal income tax rates for Americans is 5.6%.   

“The average effective federal tax rate for American taxpayers is 11 percent, according to an analysis of 2009 IRS data by the Tax Foundation, a non-profit research organization. For individuals with adjusted gross income of $50,000 or less, the average effective tax rate is less than 5 percent, according to the Tax Foundation,”

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