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Old 04-15-2009, 04:21 PM   #1
Juicy D. Links
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Obama pulled in $2.66 million in 2008 (cha chinggg)








Obama and First Lady Michelle Obama reported making roughly $2.66 million in 2008, the vast majority of which, about $2.48 million, came in revenues from sales of Obama's books.

"The president sold a lot of books last year," White House Press Secretary Robert Gibbs said.

The first couple reported taking in almost $202,000 in salaries, with an additional $54,500 in interest, dividends and capital gains.

Because Obama's book revenues are taxed as business income the family wound up paying more than $855,000 in taxes, including $66,000 in self-employment taxes.
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Old 04-15-2009, 04:25 PM   #2
JD
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C.r.e.a.m
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Old 04-15-2009, 04:31 PM   #3
WiredGuy
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He needs a better accountant to find some business deductions.
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Old 04-15-2009, 04:31 PM   #4
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i love that GIF
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Old 04-15-2009, 04:59 PM   #5
Persius
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lmao funny gif
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Old 04-15-2009, 05:01 PM   #6
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how many houses does he own?
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Old 04-15-2009, 06:08 PM   #7
Ozarkz
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Fuck that's a lot of taxes. Ridiculous.
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Old 04-15-2009, 06:20 PM   #8
Juicy D. Links
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Quote:
Originally Posted by MaDalton View Post
how many houses does he own?


i think just the one he has in Chicago?
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Old 04-15-2009, 06:21 PM   #9
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Good for him, seriously
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Old 04-15-2009, 06:33 PM   #10
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they paid 33% in federal income taxes. seems fair. compare that to any other Western country.
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