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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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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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To: incredulous joe

The Obama’s only gave a whopping $450.00 to churches. Page 33 and 34 of his return:

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

(eye roll)


51 posted on 04/15/2010 10:32:24 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: GalaxieFiveHundred

Thank you, is there a cash prize involved also since I’m overtaxed?


52 posted on 04/15/2010 10:33:07 AM PDT by Reagan is King (>>> ALWAYS VOTE IN THE PRIMARIES! <<<)
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To: Marty62

Good point and memory! It was $1M, wasn’t it?


53 posted on 04/15/2010 10:33:31 AM PDT by presently no screen name ( Repeal ZeroCare!)
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To: quesney
" the majority of which was from the sale of Obama’s books,..."

I don't believe that...his books were back in '08, not '09.

That's quite a bit of money over and above his salary...very suspicious.
54 posted on 04/15/2010 10:34:01 AM PDT by FrankR (Those of us who love AMERICA far outnumber those who love obama - your choice.)
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To: maggief

Will do. He has his CPA license and knows this stuff backwards and forwards.


55 posted on 04/15/2010 10:41:37 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: Darth Reardon

The first tax return we heard of - thinking it was for ‘07 - it was $200 for charity!! REMEMBER what they are - TAKERS!

Any attempt to make them into something - we know they are not - is not being truthful. Strange how some can’t handle evilness, so they turn it around and hand them some undeserved benefit of the doubt. Con man crave for that.


56 posted on 04/15/2010 10:43:37 AM PDT by presently no screen name ( Repeal ZeroCare!)
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To: penelopesire; SE Mom; Bahbah; BP2; Fred Nerks; Red Steel; Danae; hoosiermama; onyx; rodguy911; ...
Foreign tax credit ... is that from book sales abroad ?


57 posted on 04/15/2010 10:46:30 AM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
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The return

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


58 posted on 04/15/2010 10:47:20 AM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
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To: NMEwithin

Exactly.....but one does wonder what they might see as charity groups.

..also seems to me a little of that could have payed for someones surgery who did not have insurance, since insurance has ment to so much to them. hummm...


59 posted on 04/15/2010 10:47:40 AM PDT by caww
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To: Reagan is King
Thank you, is there a cash prize involved also since I’m overtaxed?


60 posted on 04/15/2010 10:47:56 AM PDT by GalaxieFiveHundred
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