Obamas paid $81,472 in taxes, returns show - Printable Version +- Cricket Windies (https://cricketwindies.com) +-- Forum: What’s on Your Mind? (https://cricketwindies.com/forum-3.html) +--- Forum: The Water Cooler! (https://cricketwindies.com/forum-4.html) +--- Thread: Obamas paid $81,472 in taxes, returns show (/thread-30285.html)

Obamas paid $81,472 in taxes, returns show - chairman - 04-16-2016 Re: Obamas paid $81,472 in taxes, returns show - chairman - 04-16-2016 WASHINGTON — President Obama and his wife Michelle paid $81,472 in federal taxes last year on an adjusted gross income of $436,065, his tax return shows. That's the lowest tax bill — and his lowest annual income — since becoming president, owing largely to diminishing sales of his books. Most of Obama's income comes from his $400,000-a-year salary as president. But he also continues to receive outside income of $60,745 in royalties from his two adult books  Dreams from My Father and Audacity of Hope. The royalties from a children's book, Of Thee I Sing, are donated to charity. The Obamas file a joint return, with Michelle Obama showing no income and listing her occupation as "First Lady."