The Obamas Hit the Income Jackpot in 2009!
Matt | On 15, Apr 2010
The White House released the President and First Lady’s joint tax return on the WH website.
All I can say is, “It must be nice to be an Obama..” LOL! The Obamas jointly pulled in $5.5 million in 2009. Much of that money came from book sales. They paid over $1.71 million in taxes and donated nearly $330,000 to charity last year. You can view their full tax returns here.
Coincidentally, I filled out some of the same forms as the Obamas (Form 1040, Schedules C and SE) and TRUST AND BELIEVE that Stevie’s tax forms did not have nearly as many numbers in the adjusted gross income section. I’m working toward it though. It will be nice to see my tax returns one day have an income of seven figures BEFORE the decimal point. Ahhh .. freedom! I will admit, though, they almost sold Sasha to pay that tax bill. Good lawd that’s alot of money! But hey, the rich have to pay their fair share too.
So, rest easy knowing your president doesn’t live anywhere near the poorhouse. At some point, it does have to feel good to accomplish that because they both come from much more humble beginnings. God is good!
Click here to view Vice President Biden’s tax returns, along with those of his wife, Jill.