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Obamas pay more than $900,000 in taxes
The Hill ^

Posted on 04/15/2009 2:29:58 PM PDT by Sub-Driver

Obamas pay more than $900,000 in taxes By Sam Youngman Posted: 04/15/09 05:18 PM [ET] The new first family paid more than $900,000 in federal and state taxes this year after President Obama's book sales last year earned him more than $2.6 million.

In addition to paying more than $855,000 in federal taxes, the Obamas also paid more than $77,000 in state taxes in Illinois, according to the White House.

Vice President Biden and his wife, Jill, reported paying $46,952 in federal taxes on "an adjusted gross income" of close to $270,000.

The Bidens paid a little more than $11,000 in state taxes in Delaware.

While the Obamas donated more than $172,000 to charity, including $25,000 gifts to the United Negro College Fund and Catholic Relief Services, the Bidens donated a little more than $1,800.

(Excerpt) Read more at thehill.com ...


TOPICS: Front Page News; Government; News/Current Events
KEYWORDS: 111th; bho44; millionaires; notenough; obamafamily; taxday; teaparty
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To: CharlesWayneCT

While to Biden paying higher taxes is patriotic, donating to charity is an intrinsic evil.


21 posted on 04/15/2009 3:28:35 PM PDT by jwalsh07
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To: Big_Monkey

Biden only has a net worth of about $150,000.00 and that’s after about 36 years in the Senate. He’s about the poorest Senator ever.


22 posted on 04/15/2009 3:29:14 PM PDT by 1010RD (First Do No Harm)
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To: Sub-Driver

Lots of books that were never really sold and lots in boxes in a warehouse that will be recycled. Ghost written by Billy Ayres.


23 posted on 04/15/2009 3:32:27 PM PDT by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
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To: CharlesWayneCT

He got more generous after deciding he wanted to be president, IMO.


24 posted on 04/15/2009 3:44:14 PM PDT by skeeter
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To: 1010RD
"Biden only has a net worth of about $150,000.00 and that’s after about 36 years in the Senate. He’s about the poorest Senator ever.

If Biden only has a net worth of roughly $150K, then he's a big moron as I suspect he is.

How is that possible? Adjusted for inflation, he's probably earned in Salary somewhere around that much each year. If after 40+ years, he's only accumulated a net worth of $150k, he must either be a raging gambler or a coke fiend.

25 posted on 04/15/2009 3:45:28 PM PDT by Big_Monkey
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To: Beckwith

Beckwith, I would be interested in the same chart for Joe Biden, if you have it. Thanks.


26 posted on 04/15/2009 3:53:26 PM PDT by exit82 (The Obama Cabinet: There was more brainpower on Gilligan's Island.)
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To: Big_Monkey

“Shameful!”

But We must understand that the BIDEN’S dedicate much of Their Income to Maintaining BIDEN’S HAIR PLUGS!


27 posted on 04/15/2009 3:57:21 PM PDT by True Republican Patriot (GOD BLESS AMERICA and Our Last Great President George W. Bush)
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To: Sub-Driver
"The charitable donations claimed by the Bidens on their tax returns are not the sum of their annual contributions to charity," the White House said. "They donate to their church, and they contribute to their favorite causes with their time, as well as their checkbooks."

Steaming pile of BS.

What time? Doing what? Nothing in the DE newspapers of record of their donated time.

I gace away more than twice what Joe did on a fraction of his total income.

Add to "serial exaggerator", cheapskate.

28 posted on 04/15/2009 3:58:52 PM PDT by exit82 (The Obama Cabinet: There was more brainpower on Gilligan's Island.)
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To: Big_Monkey
If Biden only has a net worth of roughly $150K, then he's a big moron as I suspect he is. How is that possible?

Biden lives in a huge family compound. It is highly likely that the reason his sons are successful lawyer/lobbyists is that they've been selling access to him and his acquaintances. There's no need for him to make or take the money directly.

29 posted on 04/15/2009 3:59:39 PM PDT by Pearls Before Swine (Is /sarc really necessary?)
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To: Sub-Driver

Obama should be in the 91% bracket like what they threatened the bankers with over thier bonuses.

In my opinion, almost any time a politician “writes” a book it’s just a way to funnel money to them “legally,” very much akin to all the Boards of Directors they or their spouses serve on.


30 posted on 04/15/2009 4:00:03 PM PDT by PLMerite ("Unarmed, one can only flee from Evil. But Evil isn't overcome by fleeing from it." Jeff Cooper)
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To: Pearls Before Swine
"There's no need for him to make or take the money directly.

That very well may be true. But, even without any ancillary income, Biden annual government salary should have given him much, much more than $150K net worth, even with the most conservative of investment strategies.

I spent 20 years as a USMC officer. When I retired, my net worth was WELL OVER $150K.

31 posted on 04/15/2009 4:03:31 PM PDT by Big_Monkey
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To: NormsRevenge

Isn’t it Heartwarming knowing that most probably William Ayers, an Unrepentant Terrorist, wrote Obama’s supposed Memoir,”DREAMS FROM MY FATHER” and Knows that It is Priceless to Keep That Secret!


32 posted on 04/15/2009 4:05:11 PM PDT by True Republican Patriot (GOD BLESS AMERICA and Our Last Great President George W. Bush)
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To: Big_Monkey

Big borrower, big spender - both publicly and privately it is the MO.


33 posted on 04/15/2009 4:06:12 PM PDT by 1010RD (First Do No Harm)
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To: freekitty

Correction:

ZERO had a couple of books about him Ghostwritten! There, just didn’t want the readers to get the wrong impression.


34 posted on 04/15/2009 4:07:17 PM PDT by True Republican Patriot (GOD BLESS AMERICA and Our Last Great President George W. Bush)
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To: Sub-Driver

The Obama’s didn’t have any problem paying the $900,000 since Rezko had basically given them a Mansion for Free:-)


35 posted on 04/15/2009 4:09:18 PM PDT by True Republican Patriot (GOD BLESS AMERICA and Our Last Great President George W. Bush)
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To: Big_Monkey

Re your reply to me #31:

We both agree that its unlikely he could be a Senator, with the wages and the perks, and only accumulate a lifetime saving of $150K

So what do you think is the real story with Joe:
- just financially stupid and poor?
- a misleading or false financial statement?
- or wealth accumulated under his sons’ names through the peddling of influence?

And thanks for your service.


36 posted on 04/15/2009 4:11:49 PM PDT by Pearls Before Swine (Is /sarc really necessary?)
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To: Pearls Before Swine
"So what do you think is the real story with Joe: - just financially stupid and poor?
- a misleading or false financial statement?
- or wealth accumulated under his sons’ names through the peddling of influence?

I'm going with a little or a lot of all the above. And, I'm serious.

37 posted on 04/15/2009 4:13:25 PM PDT by Big_Monkey
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To: 1010RD

Pardon! Do You really believe that Biden’s Net Worth is only $150,000? If You do, please, We can cut You a Great Deal on The Brooklyn Bridge! Thats just what You can find!


38 posted on 04/15/2009 4:15:46 PM PDT by True Republican Patriot (GOD BLESS AMERICA and Our Last Great President George W. Bush)
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To: Pearls Before Swine

There was a report here last year that she got a pay raise at her hospital board job, after hubby earmarked money from the federal budget for the hospital. If common folks did that, we be investigated and jailed.


39 posted on 04/15/2009 4:17:01 PM PDT by nufsed (Release the birth certificate, school and passport records.)
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To: exit82

I only do Obama. Sorry!


40 posted on 04/15/2009 4:18:27 PM PDT by Beckwith (A "natural born citizen" -- two American citizen parents and born in the USA.)
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