President Obama's claim that he pays a lower tax rate than a teacher making $50,000 a year isn't true. A single taxpayer with $50,000 of income would have paid 11.9% in federal income taxes for 2010, while the Obamas paid more than twice that rate — 25.3% (and higher rates than that in 2009 and 2008). And if the $50,000-a-year teacher were in Obama's tax situation — supporting a spouse and two children — he or she would have paid no federal income taxes at all.
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