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AUDACIOUS HAUL: President Obama and the first lady on Thursday reported earning $5.5 million in 2009
Politico ^

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 Obama’s 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 ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: godgap; milliondollarmarxist; money; obamanomics; obamastaxes; obamatruthfile; obameconomy; religiousleft; taxes; tithing
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To: penelopesire
Can’t wait until CFO hubby gets home

April 15th - leave the light on. :-)
61 posted on 04/15/2010 10:48:40 AM PDT by presently no screen name ( Repeal ZeroCare!)
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To: STARWISE

So glad you got a screen shot of that foreign stuff! I am sure that is what he will say, but there is no paperwork to back up any of his claims on his return. I say Obama needs to be audited....LOL!!


62 posted on 04/15/2010 10:49:44 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: Hoodat

” Keeping up appearances”.......05% wasn’t enough to carry the image in whitehouse territory.


63 posted on 04/15/2010 10:49:59 AM PDT by caww
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To: DCBryan1

Received.


64 posted on 04/15/2010 10:50:07 AM PDT by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: presently no screen name

LOL...not a fun time of year for sure. At least he isn’t in public accounting anymore. Those were really rough years back in the day.


65 posted on 04/15/2010 10:53:15 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: penelopesire; onyx; SE Mom; Bahbah; hoosiermama; Liz; maggief; All

Interesting ... all first ladies get their own $$>

Freeman, who died in 1917, directed that after the last named beneficiary of his estate died, $12,000 a year would be paid “to the lady termed the first lady in the land; that is, the President of the United States [sic] wife, or anyone representing the president as such, should he not be married or should she die during his administration.” He specified that the money be for the first lady’s “own and absolute use” and the payments “shall continue in force as long as this glorious government exists.”

http://www.msnbc.msn.com/id/18736411


66 posted on 04/15/2010 10:53:32 AM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
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To: quesney

OK Mr El Presidente. Now that your among “the rich” sign it all over to the IRS! Dare ya!


67 posted on 04/15/2010 10:55:09 AM PDT by Bobby_Taxpayer (Don't tread on us...or you'll pay the price in the next election.)
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To: Touch Not the Cat

I simply don’t believe that he has made all that money from his books. The books are just a front from wherever he really “made” his money. By the way, I think 5 mil is just too much income from books. Maybe the pay czar needs to take a look at that.


68 posted on 04/15/2010 10:57:39 AM PDT by dandiegirl
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To: STARWISE

Look at #59 $12 - household employment tax?

Wonder if his MIL is taxed on what she is receiving free by living in the WH. It’s not like she lived w/them before.


69 posted on 04/15/2010 10:58:59 AM PDT by presently no screen name ( Repeal ZeroCare!)
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To: NMEwithin

Nearly exactly what I was going to post! Considering what they want everyone ELSE to give (especially with their taxes) they ought to be ashamed...but bet they aren’t!


70 posted on 04/15/2010 11:03:12 AM PDT by luvie (DIMs?......start packin'--you're fired!)
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To: Hoodat
The Obamas’ charitable giving has hovered around 6% since he decided to run for President...

I don't think that's gonna give him a halo, though!

71 posted on 04/15/2010 11:06:05 AM PDT by luvie (DIMs?......start packin'--you're fired!)
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To: STARWISE

That IS interesting. A pin account for first ladies since 1917. Michelle spends hers on boob belts instead...ROTFLOL!!

Check this out:
Obama Falla On Camera

http://www.youtube.com/watch?v=pW0K0VE88zM&feature=player_embedded

Epic Fall? It’s funny how no-one reacts or anything...lol. It’s like they really don’t care if he busts his ass...LOL!


72 posted on 04/15/2010 11:07:17 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: Darth Reardon

If they give to Acorn...is that considered charitable giving?

...just asking.....


73 posted on 04/15/2010 11:07:28 AM PDT by luvie (DIMs?......start packin'--you're fired!)
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To: quesney

"It's good to be King!"

74 posted on 04/15/2010 11:07:43 AM PDT by Mad_Tom_Rackham (It is the duty of the patriot to protect his country from its government -- Thomas Payne)
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To: penelopesire; onyx

LOL >>>>


75 posted on 04/15/2010 11:09:44 AM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
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To: presently no screen name

What page of the return is it on?


76 posted on 04/15/2010 11:12:48 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: quesney

Washington pols get rich and the nation gets poor.

Dictatorship of the proletariat.....that’s the Marxist part that these ego-maniacs love. Them, of course, being among the “aristocrats” of the commune.


77 posted on 04/15/2010 11:13:53 AM PDT by xzins (Retired Army Chaplain and Proud of It! Those who support our troops pray for their victory!)
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To: STARWISE

I love how Obama is preening for the press right before he falls...ROTFLOL!!


78 posted on 04/15/2010 11:14:28 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: quesney

“the majority of which was from the sale of Obama’s books,”

Good Lord, that many people reading his marxist drivel?


79 posted on 04/15/2010 11:15:06 AM PDT by Rennes Templar
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To: CodeToad
According to The Obama Timeline The Kenyan and his wife have used over 50 different SS numbers.
80 posted on 04/15/2010 11:15:29 AM PDT by Churchillspirit (9/11/01...NEVER FORGET.)
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