Income. Presidents get a salary of $250,000 a year, plus an entertainment allowance and of course, they get free room and board. Obama probably has investments which bring in additional money.
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4
she is 10. The Obama girls ages are 7 and 10
jasper carrot Ltd looks like it must be paying his income offshore
Stevie Wonder is both Barack and Michelle Obama's favorite singer.
free
90%
Not on the federal income tax return.
Barack Obama secured approximately $2,400,000 from his two books: The Audacity of Hope and Dreams from My Father.
Politicians appear to be quite well paid. Some of Obama's cabinet appointees are under-reporting their income by more than I make.
The gross income of President Obama $481,098. On the other hand the income of Joe Biden based on the returns filed were $407,009.
According to the White House official web site, "President Obama and the First Lady filed their income tax returns jointly and reported adjusted gross income of $789,674. About half of the first family's income is the President's salary; the other half is from sales proceeds of the President's books. The Obamas paid $162,074 in total tax. The President and First Lady also reported donating $172,130 - or about 22% of their adjusted gross income - to 39 different charities." President Obama was taxed at a 20% rate, which is higher than the 14% Mitt Romney paid on his $20.9 million income.
Up to 250,000.00 income for family household of 4 . Anything over 250,000.00 is in the small business individual tax rate.
Obama wants help balance the Federal budget by raising taxes on people making over $250,000 a year - especially those making millions of dollars a year but paying a much smaller % tax than the average income American.
the rich people should pay more taxes.
obama says that he will be decreasing the gas price and there will be no added tax to it especaily our taxi drivers will be getting gas at a lower income price
Correction: How big was Obama when he was born? Not How much big. And the answer? Who cares how big he was.