How do you know he pays no income tax?
Hmmmmm.....
Maybe because he said so...
I tend to believe people when they brag about not paying taxes...
You do know, don't you, that there is a difference between business and personal taxes, right? Steve Jobs didn't have to divulge his personal income taxes to open an Apple store.
I am paying a whopping 30% federal income tax,
while our president pay a 0% federal income tax.
I just want to be as smart and as patriotic like our president, and not pay any federal income taxes.
I think it is a reasonable request... dont you think?
And if you own a business that doesn't pay income taxes, go for it. Your personal taxes, however, are a different matter.
SO president not paying federal income tax is fine and smart and great...
But I am required to pay federal income tax, why exactly?
Again, you don't know what he paid on his personal income tax. You know about one of his hundreds of businesses that took a legal loss and didn't pay taxes that year. You are capable of separating personal taxes from business taxes, correct?