Posted on 04/15/2010 9:48:55 AM PDT by quesney
President Obama and the first lady on Thursday reported earning $5.5 million in 2009, the majority of which was from the sale of Obamas books, the White House said.
By contrast, former President Bush and Laura Bush reported a taxable income of $719,274 in 2007.
The Obamas paid nearly $1.8 million in federal income tax and reported giving $329,100 to 40 charities. Their tax return is here.
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Some context: The Obama's household income jumped from $991,296 in 2006 to $4.2 million in 2007. It was $2.7 million in 2008.
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(Excerpt) Read more at politico.com ...
But the MSM can’t wait to tell us how much Palin has made.
Creative!
I wonder where he got a Social Security Number (SSN), or is he using a Taxpayer Identification Number (TIN) like the other illegal aliens.
The Bidens made $333K and contributed $4,800 to charity...
I thought his “income producing racket” was supposed to be in a blind trust. And is it legal for a president to make money on the side? I know it’s a dem we’re talking about but....
FAT CAT!!!!
Good for him. Make as much as you can, just quit demonizing everyone else for trying to do the same ya jerk!
Kah-ching!
To be fair, we have no idea how much they gave, only what was reported. Most of my giving is off the books. I doubt they do much more than write checks, and it wouldn’t surprise me if some/much of what they gave was to charities that most of us wouldn’t consider all that “worthy”. I’m just pointing out we can’t criticize their level of giving when we have no idea what it REALLY is.
The Bidens gave their usual 1.5%.
Obama’s household income jumped from $991,296 in 2006 to $4.2 million in 2007. It was $2.7 million in 2008.
NOW IT’S $5.5 MILLION IN 2009!
Now we know the REAL reason Obama wants to go after CEO’S...to get the heat off of him!
BTW..now we know where all the TARP and stimulus money went..../sarcas.
TAX DEDUCTION!
Ding, ding, ding!
Buck Ofama?
not bad for a commuity organizer. mmmm mmmm mmm
They only gave 300k. I thought Zero said he would donate all of his Nobel Prize $$ to charity?
Start spreading it around Bucko!!!!
I would want to know what kind of “charities” they gave to before I classified them as such.
Possibly, “such charitable” groups which illegally influence elections, support the undermining of the Constitution and leave a wake of dead unborn children?
For real!!! Plus what expenses do they have that they pay out of pocket for? Probably ZERO!!
HMMMMMM...ALERT....
CHECK OUT PAGE 4 under Foreign Accounts and Trusts..there was some white-out going on there!
http://www.whitehouse.gov/sites/default/files/president-obama-2010-complete-return.pdf
Can’t wait until CFO hubby gets home and can look at this return...lol.
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