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 ...
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!!
” Keeping up appearances”.......05% wasn’t enough to carry the image in whitehouse territory.
Received.
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.
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
OK Mr El Presidente. Now that your among “the rich” sign it all over to the IRS! Dare ya!
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.
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.
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!
I don't think that's gonna give him a halo, though!
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!
If they give to Acorn...is that considered charitable giving?
...just asking.....
"It's good to be King!"
LOL >>>>
What page of the return is it on?
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.
I love how Obama is preening for the press right before he falls...ROTFLOL!!
“the majority of which was from the sale of Obamas books,”
Good Lord, that many people reading his marxist drivel?
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