President Obama paid 20.5 percent tax rate

04-13-2012, 11:19 AM

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President Obama paid 20.5 percent tax rate

President Obama paid 20.5 percent tax rate

04-13-2012 09:20 AM

Amid an election-year feud over tax policy, President Barack Obama on Friday released his 2011 tax filings, showing that he paid $162,074 in total taxes on adjusted gross income of $789,674, an effective rate of 20.5 percent.

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