Tuesday, April 17, 2012

Our Math Challenged President

The President made the statement in support of his so-called Buffett Rule, that those "making more than $1 million each year should (not) pay a smaller share of their income in taxes than a middle class family pays." Okay, but is this really true?  Maybe the President should check with the Congressional Budget Office.  Back when I learned math, 29.5% of your income was a larger larger share than 14.3%. In fact just about twice as much.  I'll bet Warren Buffett could help him with remedial math.

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