Oh? We should care? He's 1%. He should pay. Jesus wants him to pay.
Anyway, the key word is "taxable." Throw all the deductions back in and he's only paying 20%. Obviously, then, he should be paying even more. Jesus wants him to pay more.
"For me as a Christian, it... coincides with Jesus's teaching that for unto whom much is given, much shall be required," Obama said, quoting the Gospel of Luke.