Barack wants to avoid paying his taxes, but wants to raise yours! (://URLFAN)

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Barack wants to avoid paying his taxes, but wants to raise yours!

Post Date: Oct 02, 2008 12:58 p.m.
Ranked website: againstobama.com (Ranks #100580 of 3,783,534)

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This is part of a two-part series on the candidates and their money. To read the other part, on John McCain, click here . Democratic presidential candidate Barack Obama wants to raises taxes on the wealthy, but as a member of that social class, he isn't eager to fall victim himself. He has invested at least $1 million in a fund that yields tax-free income. The Illinois senator's latest campaign-finance disclosure shows that his investments have nearly tripled in the past two years to as much as $7.4 million, and his income in 2007 surged past $4 million, not counting his government salary. Obama reported accounts with Morgan Chase Private Client Asset Management, an elite firm that deals only with the rich, as well as a host of retirement accounts, some in the name of his wife, Michelle. Talk back: Do Obama's campaign-finance disclosures matter to you? Because the required disclosure forms allow candidates to report their assets in ranges, such as $25...

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