Posted on 04/15/2010 7:27:30 PM PDT by SmartInsight
The first couple reported an adjusted gross income of $5.5 million, almost all of it from royalties associated with the president's two bestsellers: the 2004 "Dreams from My Father" and the 2006 "The Audacity of Hope."
A large portion of the royalties came from sales overseas, an indication of the president's popularity abroad. The tax return indicates that $1.6 million of the total book income was taxable in "various" foreign countries.
A White House official said Obama's money is not kept in a blind trust, as other presidents -- including Bill Clinton and Ronald Reagan -- have done.
(Excerpt) Read more at washingtonpost.com ...
Back when we had a MAN for president.
He didn't bow to foreign dictators either.
Bush in Iraq at Thanksgiving.
He’s made a ton of $$$ over the last few years and the article says the $$$ aren’t in a blind trust why is the investment income so low $26k or so. He hasn’t paid off the house loan so he’s putting the $$$ some where. I suppose he could be socking it away in tax free stuff, but wouldn’t that be a problem for someone like him who thinks the rich don’t pay their fair share?
The Obamas paid $1,792,414 in federal income tax.
20%—must have had a lot of deductions maybe Timmy let him use his Turbo Tax.
There must be a toilet paper shortage somewhere.
That’s good!
But I wouldn’t even use it for toilet paper.
Did obama bail out the Bank of Hawaii? if so, wouldn’t that be an inside trade?
note that Zero gave less than 10% of his income to charity
0bambi - No ATM penalty.
Old Joe - nothing to Catholic Church he claims to belong to.
IRS Audit? RIGHT!
Not bad for a poor Kenyan kid. I wonder what made that possible—Marxism or capitolism?
Someone is greasing the “Mack Daddy’s” paws.
Yeah, isn’t that curious?? And, who’s to decide what is “midwestern”?
http://www.kiplinger.com/columns/taxtips/archive/2009/tax0224.html
tax breaks for the midwest flood victims as well as those who took them in: “Arkansas, Illinois, Indiana, Iowa, Kansas, Michigan, Missouri, Minnesota, Nebraska and Wisconsin from May 20 through July 31, 2008.”
Zero’s next book: “Dreams of an Audacious Dope”.
Wow—Joe Biden gave away $ 4,900 out of an income of $ 333,000.
That’s 1.5%
BIG F***KING DEAL!
But Line #42 says “If you DIDN’T take someone in. . . you get this. . .” So weird.
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