Ever Wanted to Peek at Obama’s Taxes? Here’s Your Chance
- Posted on April 18, 2011 at 3:32pm by
Jonathon M. Seidl
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WASHINGTON (AP) — President Barack Obama and his wife, Michelle, reported income of $1.728 million for last year, much of it from the sale of the president’s pre-presidency books. They paid federal taxes totaling $453,770 after receiving a $12,334 refund.
The Obamas paid their taxes at lowered Bush-era rates, even as he campaigns to end them for households with adjusted gross incomes above $250,000 – a category into which the first family clearly fits.
Joining the flocks of Americans filing their taxes near the end of the federal filing period, the Obamas made withholding and other payments to the Internal Revenue Service last year totaling $466,104. That was an overpayment, so they got their refund. The president and first lady reported donating $245,075 – about 14.2 percent of their adjusted gross income – to 36 different charities.
The largest single gift was a contribution of $131,075 to the Fisher House Foundation, a charity that offers a scholarship fund for children of soldiers who die or are disabled.
The Obamas’ adjusted gross income for 2010 of $1.728 million was well below the $5.5 million they reported for the year before, both totals mostly driven by royalties from books written earlier by Obama. They included his 1995 memoir “Dreams From My Father” and his 2006 political book, “The Audacity of Hope.”
The White House released the returns on the day that federal tax returns are due this year, although Obama signed his 1040 form last Tuesday. Michelle Obama signed the tax return on Wednesday.
They also released their Illinois income tax returns showing they paid $51,568 in state income taxes for last year.
Vice President Joe Biden and his wife, Jill, reported more modest earnings, a combined adjusted gross income of $379,178, on which they paid $86,626 in federal taxes for 2010. The Bidens’ withholding and earlier payments came to just $79,446 – so they had a tax bill of $7,180 to settle.
The Obamas paid 26 percent of their adjusted gross income in federal income taxes. The Bidens paid 23 percent.
The Bidens paid $14,479 in Delaware income taxes and $3,515 in Virginia income taxes. Jill Biden is an adjunct professor at Northern Virginia Community College. The Bidens contributed $5,360 to charities.
—
Associated Press writer Stephen Ohlemacher contributed to this report
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Comments (225)
JohnnyJT South Philly
Posted on April 18, 2011 at 4:12pmToo BIG
Report Post »wianno94
Posted on April 18, 2011 at 4:12pm“Their adjusted gross income for 2010 was below the $5.5 million they reported for the year before, also mostly from book sales.”
Geez, 5 more years in office and they’ll have to go on food stamps.
Report Post »SimpleTruths
Posted on April 18, 2011 at 5:20pmWell you got the 5 more years in office part right. Eat it Republicans!
Report Post »BetterDays
Posted on April 18, 2011 at 5:43pmSince when are the cells in Ft. Levenworth called an office, eat it DemonRats!
Report Post »CuppaTea
Posted on April 18, 2011 at 4:06pmThe Fisher House Foundation contribution ($131,075) by Obama might explain the softball treatment by O’Reilly lately.
mharbin101
Posted on April 18, 2011 at 9:13pmI was looking for how long it would be until someone mentioned the connection to Bill O’Reilly, he more then likely wouldn‘t have given that much to the Fisher House if it hadn’t been for Bill. Is good that he did give to the Fisher House, but he certainly could have given much more even as much as he despises the military. Why not give half his proceeds of his book to the Fisher House? As a recent Army retiree, when I see what little he does for anything associated with the military, my meter just gets pegged out in frustration. When I retired in October of 2009, I decided not to get the retirement certificate signed by the President.
Report Post »Bobaroonie
Posted on April 18, 2011 at 4:06pmGood ol’ Joe Biden and his DOCTOR wife giving a whopping 1.4% of their income to charity..
Golly gee Joe, thanks for looking out for all those needy folks.
God bless ya, Ol’ Joe, God bless ya!”
Report Post »Ballyhoo1776
Posted on April 19, 2011 at 5:39pmIts his patriotic duty
Report Post »P.V.P.
Posted on April 18, 2011 at 4:04pmSure, we can see his tax returns but not his birth….. ah nevermind!
Report Post »tess q
Posted on April 18, 2011 at 4:04pmthat ought to buy mo a pair of shoes and maybe enough for a matching purse!
Report Post »Gypsy One
Posted on April 18, 2011 at 3:58pmCould the Biden’s afford the 5 thousand to charity?
Report Post »Blackhawk1
Posted on April 18, 2011 at 4:09pmAmazing that the V-P and his wife paid LESS in taxes than I did? I fell short of his Vice Presidents salary of $208100. His wife no doubt makes at least half that. Crooks in the Government.
Report Post »arturo
Posted on April 18, 2011 at 3:58pmWith all the tax and charity the Obama’s pay, it’s important to remember that they have ZERO expenses during the 2 years of campaigning and the 4 years of his presidency. Not a dinner, airline ticket or soda pop came out of his net income. If all of us had these types of funds, we’d be happy with a significant tax increase!
Report Post »martindean
Posted on April 19, 2011 at 5:59pmNot to mention the 2 weeks a month vacation he’s getting for this gig. the obummers have become real jet-setters since moving into the White House. It makes me feel all warm and fuzzy when I hear of him getting away from it all. “Ask not what your president can do to you,” wait, that’s not the way it goes.
Report Post »TRONINTHEMORNING
Posted on April 18, 2011 at 3:56pmHey Pres,
Report Post »You are a fine example of what I never want to be like; nor my children. In fact, those who I have known that are like-minded as you, I don’t hang with anymore. You are a lost cause of greed, materialistic manner, and colossal prevaracation. So many opportunities have been afforded to you to help the country and you simply ignored them and helped yourself. You are going down in history as a pathetic poser as a president of the strongest nation ever to be. However, you will go down in 2012 as having tried to destroy our country but only to fail as the Americans that are privy to your system; and those who will wake up; will shelve you as you should be shelved. I can’t look at you, I can’t listen to you, I can’t trust you, I can’t like you, and I could never vote for you or another democrat. You, sir; have ruined your reputation and have rightly so become reprehensible. I look forward to your departure in 2012. May the library you build in you honor be filled with truth as you are not.
Sinista MACE
Posted on April 18, 2011 at 3:55pmCut the President’s salary back to 100k a year.
Report Post »kickagrandma
Posted on April 18, 2011 at 6:29pm@SINISTA MACE ~~~~
Let’s cut it back to Z-E-R-O… and make it 4 years of SERVICE to a country he/she believes in!!!
Report Post »Sinista MACE
Posted on April 18, 2011 at 11:33pmI can live with that.
But remember, they don’t look at it as service, they look at it as they‘re not getting paid enough to do what they’re doing, this is where the misappropriation and impropriety comes in from greedy entitled government workers.
Report Post »Million Dollar Man
Posted on April 18, 2011 at 3:48pmI wonder why he doesn’t decline his refund when he filed?
Report Post »papajerk
Posted on April 18, 2011 at 8:41pmYou are right! The Hypocrats do it always. Stop taking the deduction! No they want to follow the law when its in their favor. Standard Hypocrats
Report Post »CatB
Posted on April 19, 2011 at 12:37amHe has proposed taking away the charitable deduction .. why doesn’t he lead by example .. you don’t have to TAKE the deduction .. just pay all the taxes without it .. WOULDN’T THAT FEEL BETTER MR. OBAMA?
Report Post »Cabo King
Posted on April 18, 2011 at 3:46pmhe doesnt have to pay, hes not a citizen
Report Post »kickagrandma
Posted on April 18, 2011 at 4:37pm@CABO KING ~~~
Bingo! And, illegal at that!
Report Post »swigs
Posted on April 18, 2011 at 8:32pmDoes that mean some dead guy in connecticut is getting a refund?
Report Post »SandyfromChesterfield
Posted on April 18, 2011 at 3:43pmI would like to know which charities he donated to. They don’t believe in giving to the truly needy because the government needs to take care of them. They were all probably George Soros’ organizations.
Report Post »TheGoo
Posted on April 18, 2011 at 3:41pmAre these the real taxes, or will this just be a “Certificate of Live Taxes” on file?
Report Post »Sharon
Posted on April 18, 2011 at 3:53pmLol
Report Post »sablegsd
Posted on April 18, 2011 at 6:20pmSnort.
Report Post »Blackhawk1
Posted on April 18, 2011 at 3:41pmGee is it a big surprise that Obama took advantage of all the tax loopholes? Why didn’t they donate to paying down some of the debt he has caused? 245K to charities? I really would audit them to see if that was true. I doubt it highly!
Report Post »nscahall
Posted on April 19, 2011 at 3:29pm@ THEGOO -
That was totally hilarious… Best comment on here so far.
@ sablegsd
I snorted too. That *hit was hilarious!
Report Post »kickagrandma
Posted on April 18, 2011 at 3:40pmWhen I first clicked on the article, I got a blank page in response. I laughed out loud because I thought that is what his taxes looked like ~~~~ a blank page~~~
rather
like
his
life…..
Report Post »BetterDays
Posted on April 18, 2011 at 4:03pmGma:
Report Post »It’s not really his fault, just like the blank look on his face when he loses in 2012.
Hisemiester
Posted on April 18, 2011 at 3:40pmHeck that isn’t enough. Take it all including all he has stashed away. Make him poor, take his ugly wife and sell her to any muslim in the middle east who will have her. Then make it known to the Islamist he has turned his back on Islam, his faith. Pretty much will end it.
dobrze
Posted on April 18, 2011 at 3:40pmSpelling error. Peek instead of peak.
Report Post »BetterDays
Posted on April 18, 2011 at 4:10pmOh great spelchecker we bow to yer grate wizdum and awthoreaty, plez help dus to writ in da propr mainer, thanx,
Report Post »cessna152
Posted on April 18, 2011 at 3:39pmHis is an evil rich guy… no, sorry… he is an oppressed black man.
Report Post »TumbleBumble
Posted on April 18, 2011 at 3:38pmI’m curious to know what charities.
Report Post »dmforman
Posted on April 18, 2011 at 4:06pmMe, too.
Report Post »demint.disciple
Posted on April 18, 2011 at 4:22pmDID you ever think to google it? I mean really you’re on a computer.. took me all of 3 seconds and thats because I type with two fingers.. sheesh !!
Report Post »GeorgieJo
Posted on April 18, 2011 at 4:33pmThats easy Obummer donated to JeffyMelting’sPot
Report Post »TumbleBumble
Posted on April 18, 2011 at 6:53pmDEMINT.DISCIPLE ~
Well, you sure are rude! I assumed that what anyone gives to charity is personal and didn’t have to disclose. Forgive me for assuming. And shame on you for using Google. Go Bing.
$50,000 to United ***** College Fund. Who would have guessed?! Tied for first only with CARE. Then the next highest charity donation was $15,000.
Report Post »Darmok and Jalad at Tanagra
Posted on April 18, 2011 at 3:37pmWhere is the deduction for hope and change, besides, why did he accept a return, shouldn’t he have sacrificed and just checked the “Donation” box and waived the return? Sorry, I forgot, he is just a hipocite, do as he says, or else. King Obama must not be held to his own standards, we the peons must grovel in the muck
“Oh, look over hear, some lovely muck”
Report Post »Paydert33
Posted on April 18, 2011 at 3:53pmGreat Post! I love it.
Report Post »BetterDays
Posted on April 18, 2011 at 3:56pmFunny….lol…
But here come the trolls “your muck is better than my muck, move the muck out of that muck, right this mucking second!”.
Report Post »Mr. Nice Guy
Posted on April 18, 2011 at 3:36pmI was expecting to read that he paid more than was required. Hmmm.
Report Post »82dAirborne
Posted on April 18, 2011 at 3:55pmIf that’s what you were expecting you should consider cutting back on the adult beverages this early in the day! (lol)
Report Post »swigs
Posted on April 18, 2011 at 8:27pmHe’s obviously minimizing his liabilities and maximizing his deductions….isn’t that what all multi-millionaires are doing?
Report Post »Two Party Scam
Posted on April 18, 2011 at 3:36pmTaxation Abuse = Theft
Report Post »JacobG
Posted on April 18, 2011 at 5:03pmI posted this elsewhere, but I thought it was good here too.
Report Post »Why can’t we just make taxes voluntary. If the government ACTUALLY had good programs, that helped people, I might contribute. Basically doing your taxes would be more like a gigantic fund-raiser, where we have to list of how many dollars we wanted to contribute to their proposed budged items. I definitely would contribute to military funds on my own if asked.
This would make the people in charge of the budget instead of Washington. Maybe as a first step, we have a flat tax rate, and we at least decide what percentage of our taxes go where. Why do we let Washington decide what is done with the money anyway?
Goldenyears22
Posted on April 18, 2011 at 3:35pmThose Bush tax cuts turned out nice for him, why is he against them for the rest of America?
Report Post »LAMET
Posted on April 18, 2011 at 4:08pmBecause it is everyone ELSE’s responsibilty – the liberals get a free ride.
Yes all the Dems are RICH – they just pretend not to be. They cannot connect with the POOR people – if the voters knew how much money these socialists are making by way of capitalism – they would never vote for them
Another Public Service Advisory video – show the income taxes of ALL DEMS with Obama in the background changing – TAX THE RICH!
BTW – MSN.com had a slideshow of TAX Cheats – guess who was MISSING – Charlie Rangle!
Report Post »They went all the way back to Spiro Agnew (R) – but failed to mention this DEMOCRAT at all.
seeker9
Posted on April 18, 2011 at 4:30pmI‘d like to see Pelosi’s tax return.
Report Post »J.C. McGlynn
Posted on April 18, 2011 at 4:45pmJust a thought, Why did Obozo file a long form?
Report Post »SimpleTruths
Posted on April 18, 2011 at 5:17pmThey aren’t for the “rest of America”, only for the wealthy. The “rest of America” is suppose to suck it up according to your party’s plan. Are you starting to see how this works?
Report Post »democratgirl
Posted on April 18, 2011 at 5:30pmGoldenyears22:
Report Post »Is that a trick question?
SHASTADIANE1
Posted on April 18, 2011 at 6:57pmI am going to try to be “nice” here, because I sort of think it is no ones business what someone else pays in taxes, but I am “nice” today, and I do think that it is a fine deal that they paid the largest contribution of Charity to The Fisher House. Of course, I’d like to know what some of the other charities were that they contributed to. I’m sure a lot of leftest stuff.
Report Post »Zeus In A Speedo
Posted on April 18, 2011 at 7:38pmDo as I say, not as I do…the motto of every good hypocrite, communist, socialist, power monger, or corrupt politician.
I am sure the obamas, or their tax accountants, informed them that they can pay MORE in taxes than they are legally obligated. The obamas don’t have to deduct charitable contributions…hell, if he wanted to back up his lying mouth, he could have taken the standard deduction and PAY LOTS MORE in the taxes he so loves.
Come on Barry! Lead by example! You can even cut a check to the IRS for no reson other than to pay more in taxes! If you did this, maybe some of the moronic msnbc’ers like mika and matthews will follow suit. Then Barry can ask his hedonistic hollywood friends to voluntarily pay more, but I don’t think they will be too eager to jump on this bandwagon!
OBAMA = CORRUPT HYPOCRITE
Report Post »audiemurphy
Posted on April 19, 2011 at 1:52amI like Romney saying he would donate his entire pouts salary to charity. narrow thinkers like to hammer on him but if you look at his record in business and his character he is a true patriot and stands up for his morals and he has the experience to govern . Romney and West would be a dream ticket!
Report Post »J.C. McGlynn
Posted on April 18, 2011 at 3:35pmThat’s all! Obviousely, he did not take the Wrangle or Geithner Exemptions.
Report Post »82dAirborne
Posted on April 18, 2011 at 3:39pmWell we have all heard him running his mouth about “…people like me can afford to send more in taxes………”
How much MORE is he sending the IRS? Surely he is going to let the government keep the refund, right????????
Report Post »chirodoc007
Posted on April 18, 2011 at 3:46pmHe got help from someone. Do the math, he paid 26%. Somehow our POTUS took advantage of tax loopholes that he would call unethical for other Rich Guys to take.
Do as I say, not as I do again.
Report Post »mrsmileyface
Posted on April 18, 2011 at 3:49pmDont care one bit. Untill he contributes over 70% of his total income to the IRS hes not walking his talk.
Report Post »BetterDays
Posted on April 18, 2011 at 3:54pmNope, but I want a peak at his long form birth certificate, oh yes I do!
It occurs to me that between golf outings Obama is more than likely a troll here, after all he has so much spare time after not running our countries affairs. The first troll to condem my comment is a racist and is Obama!
Report Post »sleazyhippo
Posted on April 18, 2011 at 3:54pmGod Bless the Obamas!
Report Post »CatB
Posted on April 18, 2011 at 3:55pm@82 …
Well said .. why didn’t they at the VERY least donate that refund to the government?
Report Post »godlovinmom
Posted on April 18, 2011 at 3:59pmANYONE surprised again…anyone?
Report Post »and to the republic
Posted on April 18, 2011 at 4:00pmNO deisre to look at Obamas tax return or Bush’s or my governors or anyone elses…Why is this important for the American people to see our politicians tax returns? Don‘t want ya lookin at mine and I don’t wanna see yours…..
hauschild
Posted on April 18, 2011 at 4:04pmWow – when you look at the amount of taxes these two blokes paid, it’s nearly mind-boggling. I mean, who in their right mind believes 454k is a fair amount of federal tax to pay? Seems absolutely ridiculous. I don’t care how much you make – that’s just nuts.
Report Post »Snowleopard {gallery of cat folks}
Posted on April 18, 2011 at 4:07pm82nd Airborne:
He indeed has said that, why does he then even get a salary? Should he not set the example for all the other rich people and peons out there and just give the salary and his total sales and profits back to the government?
Report Post »82dAirborne
Posted on April 18, 2011 at 4:07pmBack in the day I tried to lead by example. I believe we, as a country, need a lot more of that kind of thing.
Report Post »BetterDays
Posted on April 18, 2011 at 4:12pm@82airborne
Report Post »Amen brother, lead, follow or get out of the way!
Time for us all to house clean, let’s be people other people can trust and follow.
Anonymous T. Irrelevant
Posted on April 18, 2011 at 4:13pmGood, I am not going crazy. This is where I saw it. Biden’s a cheap SOB. I pay more to charities than he does with 1/3 of the salary. I would like to see a breakdown of Obama’s charities.
Report Post »demint.disciple
Posted on April 18, 2011 at 4:14pmWho cares ?? Does anyone know how to stop the very very very annoying “next story ” side pop up ? I CAN’T TAKE IT ANYMORE !!!!….
Report Post »hud
Posted on April 18, 2011 at 4:22pmHey, you should be elated that a Dumbocrap paid some taxes, most don’t.
Report Post »drattastic
Posted on April 18, 2011 at 4:47pm@sleezyhippocrite,
Report Post »Why isn’t YOUR dear leader volunteering at least 80% or 90% of his income to the federal government ? Because unlike you he is no fool ,it’s only the little people and not the elite who should sacrifice .They got us into this mess now we have to pay the price ,wise up moron.
SLAPTHELEFT
Posted on April 18, 2011 at 4:58pmHe is clearly not paying his “fair share.”
I hope they felt compelled to donate their tax refund to planned parenthood.
Greasy hippo- do you even have a job? What do you do? Just sit on the internet all day long? Dont you have a marketable skill? Did we waste tax dollars on your public education? Do you contribute anything to society? Was that you at the Tea party rally all greasy and grungy screamin about the Koch brothers? I was really embarrassed for you. Clean up your act, get a job, and deodorant.
Report Post »12 gauge
Posted on April 18, 2011 at 5:08pmwho is still buying Barry’s crappy book? Surely everyone with a tin foil hat and a finger in their naval has already bought one. So is it Lobbists? Soros? The Cancer Man?
Report Post »psst
Posted on April 18, 2011 at 5:19pm@Better
Report Post »You may be onto something when you said Soetoro may be one of the trolls here .
You may be more correct than you think.
Killa From Wasilla
Posted on April 18, 2011 at 5:20pmBetterdays
Sorry to be the one to tell you but you ‘ve pretty much condemned yourself a long time ago.
Report Post »No one has to do it for you, you did it all yourself.
Good luck in getting that birth certificate, never going to happen.
greenherring
Posted on April 18, 2011 at 5:36pmThat’s because the Birth certificate does not exist!
Report Post »BetterDays
Posted on April 18, 2011 at 5:41pm@killafromwazilla
Report Post »Lol, hey Obamanation! I knew you would not be able to resist, I’ve read your mail each and every time!
Whereas your condemnation lacks force, “ there is no condemnation for those who are in Christ Jesus ”. And again “Judge not lest you be judged”. I know who I am in Christ Jesus, do you know your standing?
And as for that birth certificate, have you ever heard the term “false flag”?
Funny thing about being a manipulator, you become as susceptible to your own half truths as you’r victims are. No matter how much you might want the issue to go away or not, you alone can’t control the lies life span, your stuck with it, and it goes towards credibility and integrity, both of which is lacking.
Eric_The_Red_State
Posted on April 18, 2011 at 6:01pmI think this is one of the FIRST things that I can say “Good for Obama” about. He actually does give money to charities – good for him.
Report Post »Secret Squirrel
Posted on April 18, 2011 at 6:09pm………
Report Post »He paid 25%. As a multimillionaire.
Didn’t he complain as a candidate about the boss paying a lower rate than his secretary?
He could have given the refund back, right? Hello, rich?
“Do as I say, sucker.”
CultureWarriors
Posted on April 18, 2011 at 6:17pmHere’s a tax that most people would be for … let’s tax at say 90%, everything that a politician makes! Now I would be for a tax like that!
Again he has an opportunity to lead and he doesn’t. Where‘s the extra money that he doesn’t need being paid to the government? Hmmm? There’s nothing stopping him from paying extra taxes. Clearly he just wants others to pay more.
Report Post »trekcyclist22
Posted on April 18, 2011 at 7:53pmNo surprise with the Vice President Biden holding to form with CHARITABLE contributions; less than 2% of their income…
Report Post »casseopea42
Posted on April 18, 2011 at 8:03pmHow does he pay 26% in income tax and I pay 35% and make way way way way way less then him?!
Report Post »Professional Infidel
Posted on April 18, 2011 at 8:08pmThose stats are lies also. like every thing else.
Report Post »justanamerican
Posted on April 18, 2011 at 9:41pmUnder WHICH soc sec # ?????????????????????
Report Post »sooner12
Posted on April 18, 2011 at 10:34pmHow come Obami only pais 25.54% in taxes? HMMMMMMMMM
Report Post »Sinista MACE
Posted on April 18, 2011 at 11:37pmNo More Taxes.
Taxed Enough Already.
They have never proven competent with the exorbitant taxes they already pillage.
Report Post »restorehope
Posted on April 19, 2011 at 12:49amEarning over $1.7 million last year surely makes him one of the “rich” who he demonizes every chance he gets. Why doesn’t he just make an example of himself by redistributing his wealth now for all Americans to see? Put your money where your mouth is, so to speak.
Report Post »Sheepdog911
Posted on April 19, 2011 at 6:15amObviously he doesn’t pay enough taxes.
Report Post »JesusFreak95
Posted on April 19, 2011 at 7:39amI commend the President for giving to charity, especially one as worthy as the Fisher House. He‘s doing better then his VP and most Democrats that I’ve heard numbers on. Have to say something positive about the man once in awhile. I wonder how much he donated to the IRS?
Report Post »indy1
Posted on April 19, 2011 at 9:33amChaep Joe donated $5000 to charity out of an income of almost $400,000!
Report Post »red_white_blue2
Posted on April 19, 2011 at 12:30pmYea Barry–spread the wealth..I’ll take your 12K..
Report Post »jackrorabbit
Posted on April 19, 2011 at 12:32pmPersonally, I am proud of the President on this one. It looks like his return is both legit, and his largest gift is to the troops, I realize that this is to make him look good in 2012, but the troops got a benefit from it. I don’t have a problem with the 25% tax rate, it is pretty close to the Fair Tax and Flat Tax proposals. If we are going to be believed as wanting reform, then we have to applaud the things that go right.
Report Post »