Monday, May 26, 2014

Why You Need a Good Accountant

Looks like the Obamas have a better one than the Bidens. Although the First Family reported income of $481K and the Second Family reported income of $407K, both paid about the same in taxes ($100K).



Adjusted Gross Income
$481,098
$407,009
Taxes Paid
$98,169
$96,378
Effective Tax Rate
20.4%
23.7%