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Obama's income fell to $436,000, lowest of his presidency
Associated Press ^
| Apr 15, 2016 5:59 PM EDT
| Josh Lederman
Posted on 04/15/2016 10:38:49 PM PDT by Olog-hai
President Barack Obama’s income fell to just over $436,000 in 2015, the lowest of his presidency, and he and first lady Michelle Obama paid nearly $81,500 in taxes, according to tax returns the White House released on Friday.
The president’s more modest adjusted gross income reflected book sales that have continued to fall off in the years since he last published in 2006. The first family paid an effective tax rate of 18.7 percent.
The Obamas also reported donating $64,000 to charity, or about 15 percent of their income. Their largest charitable donation, $9,000, went to the Fisher House Foundation, which assists wounded military members and their families. …
(Excerpt) Read more at hosted.ap.org ...
TOPICS: Constitution/Conservatism; Crime/Corruption; Government; US: District of Columbia
KEYWORDS: charity; fisherhouse; income; liberalmedia; obama
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To: Olog-hai
I wonder if President Trump will release his tax returns while in office?
To: Blue Jays
Like the clintons they have laundered billions of tax payer monies thru charities, political business friends, and handouts that will end up in his foundation when he’s out
To: Olog-hai
Three years after leaving office they'll be worth at least $10 million...after five years it'll be at least $15 million.
Plus he'll have his $450K/yr pension *plus* all the fringes that go with it.
To: eartick; Olog-hai
Obama hits a new low. Incredible.
24
posted on
04/16/2016 4:13:45 AM PDT
by
disndat
To: skr
About 10,000,000,000,000... that’s all. /s
25
posted on
04/16/2016 4:18:06 AM PDT
by
DennisR
(Look around - God gives countless, indisputable clues that He does, indeed, exist.)
To: Olog-hai
I’ll bet he didn’t bother trying to deduct his huge contribution to the CPUSA.
To: Olog-hai
Two words,Barry....
PANAMA PAPERS
To: FreedomGuru
Yeah right how much has Mooch eating lobster cost the American tax payers? Hmmm, there has been a decline in the lobster population since Mooch has been in the WH. Coincidence ?
28
posted on
04/16/2016 5:48:29 AM PDT
by
TheCipher
(Suppose you were an idiot and suppose you were a member of Congress. But I repeat myself. Mark Twain)
To: Mr. Jeeves
Also under the table paid out from the Clinton “Foundation”. This is why he won’t have her prosecuted.
To: Bob434
Congress needs to put a limit on spending for Presidential vacations. The Obama’s have gone nuts.
To: Olog-hai
Why does 0bama make more than me and pay 10% lower tax rate?
31
posted on
04/16/2016 7:00:01 AM PDT
by
MtnClimber
(For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
To: ronnie raygun
When one is a former POTUS is when the big money *really* starts rolling in.
Every business and lobbying firm is eager to buy legislative and executive access.
Hell, even Chelsea Clinton made $600,000 annually just out of school on mere speculation even SHE could usher influence.
32
posted on
04/16/2016 1:27:05 PM PDT
by
Blue Jays
(Rock Hard, Ride Free)
To: Olog-hai
Harry Truman’s salary was $25,000.00 a year.
33
posted on
04/17/2016 6:02:53 AM PDT
by
itsahoot
(Trump is a fumble mouthed blowhard that can't finish a sentence, but he will finish a term.)
To: dandiegirl
Congress needs to put a limit on spending for Presidential vacations. The Obama’s have gone nuts. When Congress spends millions on overseas junkets then they are the last to criticize vacation costs.
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