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Obama's income fell to $436,000, lowest of his presidency
Associated Press ^ | Apr 15, 2016 5:59 PM EDT | Josh Lederman

Posted on 04/15/2016 10:38:49 PM PDT by Olog-hai

President Barack Obama’s income fell to just over $436,000 in 2015, the lowest of his presidency, and he and first lady Michelle Obama paid nearly $81,500 in taxes, according to tax returns the White House released on Friday.

The president’s more modest adjusted gross income reflected book sales that have continued to fall off in the years since he last published in 2006. The first family paid an effective tax rate of 18.7 percent.

The Obamas also reported donating $64,000 to charity, or about 15 percent of their income. Their largest charitable donation, $9,000, went to the Fisher House Foundation, which assists wounded military members and their families. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Constitution/Conservatism; Crime/Corruption; Government; US: District of Columbia
KEYWORDS: charity; fisherhouse; income; liberalmedia; obama
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1 posted on 04/15/2016 10:38:49 PM PDT by Olog-hai
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To: Olog-hai

He’ll be a bust-out after his Presidency.


2 posted on 04/15/2016 10:40:42 PM PDT by ChiMark (America no more)
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To: Olog-hai

reported income


3 posted on 04/15/2016 10:43:42 PM PDT by BookmanTheJanitor
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To: Blue Jays

That is all the money one earns for nearly destroying the best country in the entire world? What a total rip-off!


4 posted on 04/15/2016 10:47:32 PM PDT by Blue Jays (Rock Hard, Ride Free)
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To: Olog-hai
His reported income. The under-the-table payouts from the Saudis are immense.
5 posted on 04/15/2016 10:48:56 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Olog-hai

But how much is he costing the taxpayers?


6 posted on 04/15/2016 10:49:20 PM PDT by skr (May God confound the enemy)
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To: Olog-hai

How much was spent on his largely non-business Airforce 1 family sight seeing shenanigans?


7 posted on 04/15/2016 10:50:19 PM PDT by fireman15 (The USA will be toast if the Democrats are able to take the Presidency in 2016)
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To: Olog-hai

Time to get a protest going against this member of the one percent.


8 posted on 04/15/2016 10:55:22 PM PDT by JennysCool (My hypocrisy goes only so far.)
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To: Olog-hai
$100million on perks

Ed

9 posted on 04/15/2016 11:14:34 PM PDT by husky ed (FOX NEWS ALERT "Generalissimo Francisco Franco is still dead" THIS HAS BEEN A FOX NEWS ALERT)
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To: Olog-hai

That’s just pocket change. Everything else was “free” , don’t ya know.


10 posted on 04/15/2016 11:28:55 PM PDT by MacMattico
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To: MacMattico

“Obama’s income fell to $436,000, lowest of his presidency”..........

Note, that is REPORTED INCOME. How much more has been funneled into some foreign bank under one of his other names?


11 posted on 04/15/2016 11:35:12 PM PDT by DaveA37
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To: DaveA37
I bet Barry Soetoro made millions last year!
12 posted on 04/15/2016 11:40:27 PM PDT by MacMattico
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To: Olog-hai

The Iran deal was worth hundreds of billions. The president may have given it for free but you can be sure the money grubbing gigolo Kerry got paid big for that one.


13 posted on 04/15/2016 11:49:36 PM PDT by nicepaco
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To: Olog-hai

they are spending $1.5 BILLION dollars on themselves and family every single year-


Taxpayers spent $1.4 billion on Obama family last year, perks questioned in new book

Read more: http://dailycaller.com/2012/09/26/taxpayers-spent-1-4-billion-on-obama-family-last-year-perks-questioned-in-new-book/#ixzz45yLnth10


14 posted on 04/16/2016 12:27:42 AM PDT by Bob434
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To: MacMattico
pocket change

Another name heard around the District is "Walkin' Around Money."

Just some walkin' around money (unreported by both giver and receiver, of course).

15 posted on 04/16/2016 12:28:41 AM PDT by Ace's Dad (Proud grandpa of a "Brit Chick" named Poppy Loucks (Call sign "Popsickle").)
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To: MacMattico

many many millions- you can bet that some of the $1.4 Billion dollars they ‘spend’ on themselves at taxpayer expense winds up in some offshore account, or hiden away somewhere-


16 posted on 04/16/2016 12:29:21 AM PDT by Bob434
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To: Olog-hai

Poor Obama family they are going to be eating ramen noodles, mac & cheese. Yeah right how much has Mooch eating lobster cost the American tax payers?


17 posted on 04/16/2016 12:41:46 AM PDT by FreedomGuru (Leave my gluten alone hands off)
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To: Olog-hai

What about his Iranian released funds commissions? Him and Jarrett. Billions.


18 posted on 04/16/2016 1:38:41 AM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: Bob434

Yep. They spent way too much money on themselves. In a better world, they would be charged for everything they stole in trips & ebtertainment etc that went over budget.


19 posted on 04/16/2016 2:32:58 AM PDT by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: Olog-hai

grifting ghetto trash needs to get the hell out of the people’s house


20 posted on 04/16/2016 3:16:20 AM PDT by eartick (Been to the line in the sand and liked it)
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