Obama’s ‘Tax Freedom Day’ Was March 5…the Average American’s Isn’t Until April 18

photo credit: osipovva

As TheBlaze reported on Friday, President Barack Obama and wife Michelle paid 18 percent in taxes for 2012. That 18 percent tax rate means the Obamas worked just more than 64 days in order to earn the money they needed to pay the government their “fair share.”

The top tax rate charged by the federal government for high earners like the Obamas would be 35 percent. If the president and his wife paid the 35 percent rate, they would have had to work until May 8 (128 days) in order to meet their obligation to the nation.

But is 18 percent really a fair share for the first family? Let’s remember the 2012 presidential campaign that regularly featured many media outlets slamming Mitt Romney for paying around 15 percent in taxes in 2011.

It also should be noted that today, the average American has to work until April 18 in order to pay their tax obligations to the nation. (And according to one online report, April 18 is a full five days longer than last year’s Tax Freedom Day.) By the way, from January 1 to April 18 is 108 days.

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