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AUDACIOUS HAUL: President Obama and the first lady on Thursday reported earning $5.5 million in 2009
Politico ^

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 Obama’s 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 ...


TOPICS: Breaking News; Business/Economy; News/Current Events
KEYWORDS: godgap; milliondollarmarxist; money; obamanomics; obamastaxes; obamatruthfile; obameconomy; religiousleft; taxes; tithing
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Income for the country has fallen 3.2% during Obama's term.

By the way, their kids attend Sidwell riends, one of the most elite private schools in DC, maybe the country. A popular school-choice program for D.C.'s poor was shut down by Congress with Obama's approval.

1 posted on 04/15/2010 9:48:55 AM PDT by quesney
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To: quesney

Both Bloomberg and Politico reporting.


2 posted on 04/15/2010 9:49:27 AM PDT by quesney
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To: quesney

.
Sure wish I could write a couple books which millions of people would buy and never read.


3 posted on 04/15/2010 9:49:38 AM PDT by Touch Not the Cat (Where is the light? Wonder if it's weeping somewhere...)
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To: quesney


4 posted on 04/15/2010 9:50:46 AM PDT by DCBryan1 (FORGET the lawyers...first kill the "journalists".)
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To: quesney
They pulled 5.5 mil and all they gave to charity was: $329,100??

Hypocrites...

5 posted on 04/15/2010 9:51:08 AM PDT by NMEwithin
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To: quesney
The Obamas paid nearly $1.8 million in federal income tax and reported giving $329,100 to 40 charities. Their tax return is here.

You have to give them some credit, that's more charitable contributions than your average liberal.

6 posted on 04/15/2010 9:51:14 AM PDT by Tamar1973 (Freedom of the Press?! I need Freedom FROM THE PRESS!)
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To: quesney

did that include his Nobel prize million? I thought he was gonna donate that? Watch for it.

Nice work by Ayers to write that book - but WTH is still buying that pap?


7 posted on 04/15/2010 9:51:45 AM PDT by silverleaf (Karl Marx was NOT one of America's Founding Fathers)
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To: quesney; wagglebee; Revolting cat!; Slings and Arrows
The Obamas... reported giving $329,100 to 40 charities

So much for tithing 10%.

8 posted on 04/15/2010 9:51:51 AM PDT by a fool in paradise (VP Biden on Obamacare's passage: "This is a big f-ing deal". grumpygresh: "Repeal the f-ing deal")
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To: quesney

I found his first book to be unreadable tripe.


9 posted on 04/15/2010 9:51:51 AM PDT by billorites (freepo ergo sum)
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To: quesney

10 posted on 04/15/2010 9:52:06 AM PDT by Lucky9teen (I'll just say the 2nd amendment to the Constitution is there for a reason!)
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To: silverleaf
Nice work by Ayers to write that book - but WTH is still buying that pap?

Buy a crate of books, pay for access...

11 posted on 04/15/2010 9:52:22 AM PDT by a fool in paradise (VP Biden on Obamacare's passage: "This is a big f-ing deal". grumpygresh: "Repeal the f-ing deal")
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To: quesney

Hey Obummer, you rich slob!
Share the Wealth you Jerk!
gimme a mil or 2 you no good jackass!


12 posted on 04/15/2010 9:52:36 AM PDT by bunkerhill7
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To: quesney

A thousand bonus points to the first journalist who gets the opportunity and uses it to ask the “Christian” Obama why at his income level he couldn’t reach, let alone surpass, the 10% tithing standard.


13 posted on 04/15/2010 9:52:39 AM PDT by 9YearLurker
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To: silverleaf
Nice work by Ayers to write that book - but WTH is still buying that pap?

Plus the ALA (American Library Ass) will buy plenty to stock the shelves as public libraries everywhere.

14 posted on 04/15/2010 9:52:59 AM PDT by a fool in paradise (VP Biden on Obamacare's passage: "This is a big f-ing deal". grumpygresh: "Repeal the f-ing deal")
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To: quesney

Plenty for the IRS to tax


15 posted on 04/15/2010 9:53:23 AM PDT by rightbrained
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To: NMEwithin
ey pulled 5.5 mil and all they gave to charity was: $329,100?? Hypocrites...

Actually, that's 6% of their annual income to charity. It's not a tithe but it's much better than Al Gore or most liberals.

16 posted on 04/15/2010 9:53:24 AM PDT by Tamar1973 (Freedom of the Press?! I need Freedom FROM THE PRESS!)
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To: NMEwithin

Cheap $astards.


17 posted on 04/15/2010 9:53:58 AM PDT by b4its2late (Bawney Fwank's mother should have thrown him away and kept the stork.)
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To: quesney

Maybe in the future we should get the IRS to require a birth certificate be included with tax returns.


18 posted on 04/15/2010 9:54:25 AM PDT by a fool in paradise (VP Biden on Obamacare's passage: "This is a big f-ing deal". grumpygresh: "Repeal the f-ing deal")
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To: Tamar1973

The Obamas’ charitable giving has hovered around 6% since he decided to run for President. For years before that, it stayed under 0.5%.


19 posted on 04/15/2010 9:54:36 AM PDT by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: Tamar1973
well...considering what they expect us to give up to pay for all of their BS social programs...I still call hypocrite
20 posted on 04/15/2010 9:54:57 AM PDT by NMEwithin
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To: quesney

But the MSM can’t wait to tell us how much Palin has made.


21 posted on 04/15/2010 9:56:36 AM PDT by ilovesarah2012
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To: DCBryan1

Creative!


22 posted on 04/15/2010 9:58:03 AM PDT by Rebelbase (Don't think of work as 5 days on, 2 days off. Instead think 4 nights on, 3 off.)
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To: quesney

I wonder where he got a Social Security Number (SSN), or is he using a Taxpayer Identification Number (TIN) like the other illegal aliens.


23 posted on 04/15/2010 9:58:04 AM PDT by CodeToad
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To: quesney

The Bidens made $333K and contributed $4,800 to charity...


24 posted on 04/15/2010 10:00:45 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: All

I thought his “income producing racket” was supposed to be in a blind trust. And is it legal for a president to make money on the side? I know it’s a dem we’re talking about but....


25 posted on 04/15/2010 10:01:08 AM PDT by Terry Mross (Founding Fathers.....grave....rolling over.)
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To: quesney

FAT CAT!!!!


26 posted on 04/15/2010 10:01:35 AM PDT by demsux (Obama: Killing Jobs Not Terrorists)
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To: quesney

Good for him. Make as much as you can, just quit demonizing everyone else for trying to do the same ya jerk!


27 posted on 04/15/2010 10:02:17 AM PDT by Reagan is King (>>> ALWAYS VOTE IN THE PRIMARIES! <<<)
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To: quesney
At this rate, Obama need only serve out one term as POTUS to pay cash for any ocean view property in Hawaii his black little heart desires.

Kah-ching!

28 posted on 04/15/2010 10:05:02 AM PDT by spectre ( Spectre's wife)
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To: quesney

To be fair, we have no idea how much they gave, only what was reported. Most of my giving is off the books. I doubt they do much more than write checks, and it wouldn’t surprise me if some/much of what they gave was to charities that most of us wouldn’t consider all that “worthy”. I’m just pointing out we can’t criticize their level of giving when we have no idea what it REALLY is.


29 posted on 04/15/2010 10:05:12 AM PDT by Darth Reardon (Im running for the US Senate for a simple reason, I want to win a Nobel Peace Prize - Rubio)
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To: Wyatt's Torch

The Bidens gave their usual 1.5%.


30 posted on 04/15/2010 10:06:39 AM PDT by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: quesney; STARWISE; SE Mom; onyx; maggief; little jeremiah; Hoodat; hoosiermama

Obama’s household income jumped from $991,296 in 2006 to $4.2 million in 2007. It was $2.7 million in 2008.

NOW IT’S $5.5 MILLION IN 2009!

Now we know the REAL reason Obama wants to go after CEO’S...to get the heat off of him!

BTW..now we know where all the TARP and stimulus money went..../sarcas.


31 posted on 04/15/2010 10:07:20 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: Tamar1973

TAX DEDUCTION!


32 posted on 04/15/2010 10:07:51 AM PDT by Marty62 (marty60)
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To: Reagan is King
Good for him. Make as much as you can, just quit demonizing everyone else for trying to do the same ya jerk!

Ding, ding, ding!


33 posted on 04/15/2010 10:08:23 AM PDT by GalaxieFiveHundred
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To: DCBryan1

Buck Ofama?


34 posted on 04/15/2010 10:09:45 AM PDT by MortMan (It's unconstitutional, it's wrong, and it's evil. But that's Obama in a nutshell.)
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To: quesney

not bad for a commuity organizer. mmmm mmmm mmm


35 posted on 04/15/2010 10:10:08 AM PDT by freeangel ( (free speech is only good until someone else doesn't like what you say))
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To: quesney

They only gave 300k. I thought Zero said he would donate all of his Nobel Prize $$ to charity?


36 posted on 04/15/2010 10:14:41 AM PDT by Marty62 (marty60)
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To: quesney

Start spreading it around Bucko!!!!


37 posted on 04/15/2010 10:15:25 AM PDT by jackieh
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To: NMEwithin

I would want to know what kind of “charities” they gave to before I classified them as such.

Possibly, “such charitable” groups which illegally influence elections, support the undermining of the Constitution and leave a wake of dead unborn children?


38 posted on 04/15/2010 10:16:57 AM PDT by incredulous joe ("Live Free or Fight!!")
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To: NMEwithin

For real!!! Plus what expenses do they have that they pay out of pocket for? Probably ZERO!!


39 posted on 04/15/2010 10:17:32 AM PDT by panthermom
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To: Hoodat; STARWISE; SE Mom; maggief; hoosiermama; onyx

HMMMMMM...ALERT....

CHECK OUT PAGE 4 under Foreign Accounts and Trusts..there was some white-out going on there!

http://www.whitehouse.gov/sites/default/files/president-obama-2010-complete-return.pdf

Can’t wait until CFO hubby gets home and can look at this return...lol.


40 posted on 04/15/2010 10:18:04 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: Touch Not the Cat
Sure wish I could write a couple books which millions of people would buy and never read.

Give me a break, I bet you don't even know any terrorist, let alone any who will write books for you. It takes a lot of hard work to not write books and make millions.

41 posted on 04/15/2010 10:20:06 AM PDT by txroadkill (Where is my free stuff??? Obama said I get free stuff! Where is my free stuff???)
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To: Darth Reardon

These people cannot do anything without looking for a pat on the back.


42 posted on 04/15/2010 10:20:57 AM PDT by panthermom
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To: quesney

Now, I wonder how they did that? /sarc


43 posted on 04/15/2010 10:24:58 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: quesney

Knowing that crowd; I bet they didn’t pay that much in income tax either. Money grubbing jokes.


44 posted on 04/15/2010 10:25:55 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: quesney

And without security, food, housing, etc. expenses, too.

How’s his income going to be redistributed?


45 posted on 04/15/2010 10:29:22 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: 9YearLurker

didn’t report donation to muslim charities.


46 posted on 04/15/2010 10:31:12 AM PDT by Always Independent
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To: quesney

earning $5.5 million in 2009 the majority of from the sale of Obama’s books, ...

$991,296 in 2006 to
$4.2 million in 2007.
$2.7 million in 2008.

When did his book come out? Looks like ‘07 is when he profited from his books. How many did he sell?

NO WAY is the majority of $5.5 (’09) from the sale of his book. What’s his salary?

Reminder - his first tax return we heard about (’07)- his charity donation was $200!!


47 posted on 04/15/2010 10:31:33 AM PDT by presently no screen name ( Repeal ZeroCare!)
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To: penelopesire

Ping me if hubby finds anything.

:)


48 posted on 04/15/2010 10:31:51 AM PDT by maggief (Not everything is what it seems.)
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To: Always Independent

I’d say he gave at the office!


49 posted on 04/15/2010 10:32:16 AM PDT by 9YearLurker
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To: quesney

Any islamic groups on the list of 40 charities? I doubt he’s that dumb but I’d love to see that list.


50 posted on 04/15/2010 10:32:18 AM PDT by lwd
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