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Obamas report $5.5 million in income on 2009 tax return
Washington Post ^
| April 16, 2010
| Michael D. Shear and David Hilzenrath
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 ...
TOPICS: Business/Economy; Front Page News; Politics/Elections
KEYWORDS: foreignincome; obama; obamataxreturn; taxes
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His books are selling like hotcakes, sure...
And Hillary made brilliant investments in cattle futures... turning $1000 into $100,000 in 10 months...
To: SmartInsight
2
posted on
04/15/2010 7:28:40 PM PDT
by
SmartInsight
(Bad officials are elected by good citizens who do not vote. ~ G. J. Nathan)
To: SmartInsight
There must be a toilet paper shortage somewhere.
To: All
I just looked through his entire tax return, there are references to Statement 11, and other “Statements”, which presume to explain some of the income — except NONE of these statements that are attached to his return are part of the tax return released.
4
posted on
04/15/2010 7:38:13 PM PDT
by
SmartInsight
(Bad officials are elected by good citizens who do not vote. ~ G. J. Nathan)
To: SmartInsight
The real question is “How much did they pay in taxes?”
To: US_MilitaryRules
Well, it wasn’t more than half.
(waiting for ‘progressives’ to complain that Obama’s not paying his ‘fair share’)
crickets chirping...
6
posted on
04/15/2010 7:49:40 PM PDT
by
griswold3
To: SmartInsight
Perfect way to slip money to a politician without oversight.
7
posted on
04/15/2010 7:50:31 PM PDT
by
Grim
(I'm voting for Sarah and so are my wife and three children.)
To: SmartInsight
More overseas and untraceable contributions...
8
posted on
04/15/2010 7:53:11 PM PDT
by
Vendome
(Don't take life so seriously... You'll never live through it.)
To: All
In the old Soviet Union, the elite didn’t live like `good socialists`. THE ONE knows this, and wants it to be like that here
9
posted on
04/15/2010 8:00:05 PM PDT
by
BigEdLB
(Now there ARE 1,000,000 regrets - but it may be too late.)
To: SmartInsight
“hate the rich” libs should be protesting comrade obozo’s wealth.
/s
10
posted on
04/15/2010 8:01:36 PM PDT
by
ken21
(i am not voting for a rino-progressive.)
To: SmartInsight
that may be - but didnt you know Palin wants bendy straws and bottled water....can you believe it?
11
posted on
04/15/2010 8:04:13 PM PDT
by
Revelation 911
(How many 100's of 1000's of our servicemen died so we would never bow to a king?" -freeper pnh102)
To: US_MilitaryRules
The real question is, Why are we fed this information, which is covered under PRIVACY LAWS, yet everything else is hidden?
12
posted on
04/15/2010 8:11:16 PM PDT
by
UCANSEE2
(The Last Boy Scout)
To: SmartInsight
petty bourgeoisie done good!
13
posted on
04/15/2010 8:13:31 PM PDT
by
AmericanInTokyo
(2012 Prediction! Pres. Biden vs. Fmr. SOS Clinton....with Fmr. Pres. Obama still in mental rehab)
To: SmartInsight
How in the Hell did those completely worthless communist racist cretins do that?? Only in America.
14
posted on
04/15/2010 8:17:07 PM PDT
by
Cheetahcat
(Zero the Wright kind of Racist! We are in a state of War with Democrats)
To: All
Did anyone read Item #42? It’s a REALLY weird deduction. Check it out.
15
posted on
04/15/2010 8:22:49 PM PDT
by
jackibutterfly
( Palin is so under obama's skin, he hears 'Hail to the Chief' when he sees her.)
To: SmartInsight
They enrich and empower those whom they choose... Meanwhile, back in Peasantville...
16
posted on
04/15/2010 8:24:22 PM PDT
by
April Lexington
(Study the constitution so you know what they are taking away!)
To: SmartInsight
But remember. Bush is the out-of-touch elitist.
Hint: where does Obama go on dates? what does he eat? how much does it cost?
Bush went to the ranch in Crawford, Texas and cleared brush.
Cheers!
17
posted on
04/15/2010 8:33:07 PM PDT
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.http://www.free)
To: grey_whiskers
does bill ayers has to pay taxes? he wrote the books fact not fiction
To: SmartInsight
19
posted on
04/15/2010 8:46:20 PM PDT
by
hummingbird
(Save Guam from Tilting!)
To: grey_whiskers
"Bush went to the ranch in Crawford, Texas and cleared brush."
20
posted on
04/15/2010 8:51:48 PM PDT
by
SmartInsight
(Bad officials are elected by good citizens who do not vote. ~ G. J. Nathan)
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