Did Obama Pay a Lower Tax Rate than his Secretary?
Using some speculative mathematics, Keith Koffler asks: Did Obama Pay a Lower Rate Than His Secretary?
Now, setting aside the question of whether the numbers are accurate (it is nearly impossible to know what someone paid in income taxes by simply taking a salary and applying marginal rates), I don’t think this situation means what Koffler thinks it means.
He (as do his commenters and Protein Wisdom’s Jeff G.) treats this as some sort of Gotcha! Moment (or an example of hypocrisy or irony). However, wouldn’t such a revelation actually underscore Obama’s argument regarding the so-called “Buffet Rule” i.e., that the tax code is so screwed up that there are incidences of persons making substantially more than their underlings and yet the underling pays a higher tax rate?
How is this a gotcha?
This strikes me as a case of people trying to find a slam without thinking through the implications of what they are saying.