Contact Us

The Obamas Made $1.7 Million Last Year And Still Get A Refund

President Barack Obama and his wife, Michelle, are reporting income of $1.728 million for last year, much of it from the sale of the president’s books.

They paid federal taxes of $453,770.

The Obamas, joining the flocks of Americans filing their taxes near the end of the federal filing period, were entitled to a refund of $12,334 after federal withholding and other payments totaling $466,104.  According to the White House, the president and first lady reported donating $245,075 – about 14.2 percent of their adjusted gross income – to
36 different charities.

Their adjusted gross income for 2010 was below the $5.5 million they reported for the year before, also mostly from book sales.

Obama paid taxes at lowered Bush-era rates even as he campaigns to end them for wealthier Americans.

Amazing!!


More from AM 1450

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://kmmsam.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on AM 1450 KMMS quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on AM 1450 KMMS quickly by logging in with your Facebook account. It's just as secure, and no password to remember!