Posted by Bob Lord
And an intellectually dishonest one at that.
Every time I hear Joe Scarborough speak about taxes, it amazes how a guy who served in Congress could be so fundamentally ill informed, so willfully ignorant of how the laws he repeatedly voted on actually work.
Today, Joe fumed about Obama's tax return, which revealed that Obama's effective tax rate was 18% on income of about $609,000. That was "mind-boggling hypocrisy" according to Morning Joe.
"This President plays class warfare for a year and a half on the campaign trail. Let's keep this graphic up. He attacks Mitt Romney for paying a lower tax rate than school teachers, repeatedly. Democrats repeatedly attacked Mitt Romney for paying a lower tax rate than teachers, than Warren Buffet's (secretary) — poor Warren Buffet's secretary, God help her, God bless her. And yet this President, after demagoguing this issue for a year and a half, pays an 18 percent tax rate, which, by the way, is half of the tax rate that I pay."