I will destroy my enemies by converting them to friends. ”
With politicians pushing world wide austerity we see how they feel about the Planets serfs as they themselves are above all tax laws basking in wealth and health as the worlds economies sink into the ether. Is this one of the reasons why this scum is so busy pushing the agenda for their banking masters and NWO luciferian scumbags.
It was called her “Let them eat cake” moment. Now Greece will be saying: “Make her pay tax”.
The IMF chief Christine Lagarde was accused of hypocrisy yesterday after it emerged that she pays no income tax – just days after blaming the Greeks for causing their financial peril by dodging their own bills.
The managing director of the International Monetary Fund is paid a salary of $467,940 (£298,675), automatically increased every year according to inflation. On top of that she receives an allowance of $83,760 – payable without “justification” – and additional expenses for entertainment, making her total package worth more than the amount received by US President Barack Obama according to reports last night.
Unlike Mr Obama, however, she does not have to pay any tax on this substantial income because of her diplomatic status.
It’s Time We Learned What Members of Congress Pay in Taxes(nothing)
On Friday President and Mrs. Obama released their most recent tax return for the entire world to see. They continued a longstanding tradition of sitting presidents releasing their returns, even though no law requires that they do so. The tradition began under the late President Richard Nixon.
A quick review of the Obamas’ tax return tells us how much the Obamas gave to charity, how much they paid in mortgage interest, and how much they paid in state and local income taxes. (President Obama’s recent budget proposal would limit his future ability to benefit from those deductions.) The Obamas are unlike most Americans, however, because most Americans do not itemize their deductions.
Every taxpayer has the choice either to take a standard deduction amount based on filing status or to itemize deductions, as the Obamas did. Two-thirds of Americans select the standard deduction, because it saves them the greater amount. That means only one third of Americans benefit from the myriad of deductions available in our tax code. That one-third tends to be among the highest-income Americans. more