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Hypocrisy when it comes to taxes?

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    White House releases the president 2011 tax return

  • Duration 7:24
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Now earlier today the White House released president Obama's tax returns and the numbers are already causing a problem for his reelection team.

Now in 2011 the obamas reported -- income was about 790000.

Dollars.

And they paid roughly a 162000.

Dollars in taxes now here's a thing.

The president is Criss -- the country trying to sell his so called Buffett rule but based on how much money they made last year this would not apply to the Obama's.

And an apparent attempt to Minnesota minimize the criticism white house Press Secretary Jay Carney put out a statement today which reads in part.

Under the president's own tax proposals including the expiration of the high income tax cuts.

And limitations on the value of tax preferences for high income households.

They he would pay more in taxes while ensuring that we cut taxes for the middle class and those trying to get in it joining me now with reaction.

Fox's contributor Ed Rollins and from the Fox Business Network -- -- had a lead he's still of the dumbest thing as well and all of us Joseph Biden.

One point 5% of income in charity.

Now how many years does he have to go through this criticism he's a 48 ponies up some money like the rest of America and -- -- should know better at his his income tax his whole tax return is being scrutinized.

He should give more I think she just get small is in office I don't know he's Smart about it Bill Clinton -- -- and used underwear ads for -- -- some good.

Play -- it's a pretty big house in the government -- give whatever Israel would be -- normally in the idiocy of this office is this is that this is political theater.

You know the present if the president wants to eliminate the capital gains tax.

Which is where these people basically take it.

Then stand up to say that sale -- a big tax reform I wanna do this came in and get you get covered this is all part of his war against the rich this class warfare.

And the truth of the matter -- you go back a few years ago and Warren Buffett took -- 100000 dollars one year's -- 150000 dollars -- -- -- -- if Warren Buffett wants to pay more in taxes the -- -- thought he could take all of us all of that element isn't coming -- and pay 35% -- we don't wanna do that and that's that's not what this this and we're gonna read this week his one of his companies.

Net jets is fighting the -- Smash -- I mean it's hilarious I saw that it just talk about the Buffett rule in particular.

When more -- I was actually on the floor of the New York Stock Exchange when he was talking with fox -- is about.

His ideas and how we should be -- he wasn't talking about somebody who makes a million dollars -- -- basically small businesses.

And that that's capitalism right these companies and the ones who he is talking about company -- about people that make.

200 million and he said MRI yes he said the multimillionaires.

I'm surprised that he's not.

Calling Obama every day and saying that is not what I said you know I -- said the videotape this and -- and -- adding that multimillionaire -- one million well -- even in this whole comment with -- Rosenblatt.

Blasting and Romney never worked a day in her life.

Noticed this class warfare in this as well watch has come.

What you have is is Mitt Romney running run -- country -- saying well you know my wife tells me that what women really care about -- economic issues and when I listen to my wife that's what I'm hearing.

Guess what his wife is actually never worked a day in her life.

She's she's never really.

Dealt with the kinds of economic issues.

That a majority of the women in this country are facing in terms -- how to we feed our kids -- -- we send them to school and and and that had a we worry then why we worry about their future.

She's raise five kids she was -- first lady of Massachusetts.

She has fought cancer she is fighting and ask.

I mean what are they think in here.

They're out of their minds that is so judgmental and so one sided and -- said it before the administration and some of these folks are so dividing this country.

A mother a working mothers stay at home mother.

Wish you live under a rock the woman is working so hard day and night and of course she's she's well first and everything white and you know what and what should be listening to his wife now.

The stupidity of this though is why with the campaign or the White House jump into this this is a CNN contributor.

Sometimes she says dumb things sometimes she's a Smart thing to do is also hired to be the media advisor -- DNC and Debbie wasserman I don't -- -- -- to -- not trying to either.

But at the -- at the end of the database could jump in there and put distance this only reinforces our base.

Most most married women are very Republican.

And then that the gender gap is his single women who we've got to make inroads in.

In this is insensitive to all women.

I don't polls came out today and the president is losing by two points in the and the fox poll another poll came out -- down by four points.

You know its interest thing because every attempt they have had now that they're trying to energize their base.

And so far it's not working and the Sandra flop call raises questions about the million dollars from Bill Maher this raises questions about what they think a stay at home moms.

And you know you go back here's more hypocrisy of the president as we continue to -- the president.

Here's what the president said in his case that his wife Michelle and the wives of candidates.

You shouldn't attack -- -- class.

The GOP.

Should -- be the nominee.

I think can say whatever they wanna say about me my track record if they think it they're gonna try to make Michelle.

An issue in this campaign they should be careful because.

That I find unacceptable.

The notion that you start attacking my wife.

Or my family.

-- Michelle is.

The most honest the best person I know.

She.

It is one of the most.

Caring people I know she loves this country.

And for them to try to distort.

Worked plays snippets of her remarks in ways that are unflattering to her I think is.

It is just low class.

And I think we've most of the American people would think that as well to whoever's in charge.

Of the Tennessee GOP.

Needs to think long and hard about the kind of campaign that they want to run and I think that's true for everybody Democrat or Republican.

What we're trusting that.

The American voters are ready to talk about the issues and not talking about the things that have nothing to do.

With making people's lives better but I also think this should well -- -- Well my wife low class -- this is not about red America blue America the United States of America boy now he's dividing on every front we haven't gone after his -- for going after his record and the kinds of things that he hasn't done.

Effectively things he promised to do -- as this candidate.

He's been a very ineffective president nestled on -- -- on how we're gonna run about -- -- side.

A couple of quick thoughts number one that's from 2008 so this stuff doesn't go away that fast and women.

Working women stay at home women are gonna remember the comments from today they don't forget this stuff so quickly number two in the second -- here on taxes.

You can't over tax American can't over tax the companies that are trying to create the jobs that are trying to expand where we're at right tackle where no one.

We have the highest corporate tax rate in the entire world as it wasn't last Sunday.

It's it's it doesn't work and you cannot trying create economic growth while -- strangling every one -- so we're taxing.

-- tell that all the tax chief some work for the president -- They're not listening to make guys good to see anybody thinking of -- wouldn't have been creaky eastern well I think -- nice thank you hiding coming up we will continue to that the.

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