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WASHINGTON – President Barack Obama and his wife, Michelle, made $5.5
million last year, largely on sales of his books, and paid nearly $1.8
million in federal income tax, according to the tax return they released
Thursday.
The Obamas gave $329,000 to charities in 2009, including $50,000 each to
CARE and the United Negro College Fund. The president also donated his $1.4
million Nobel Peace Prize award to 10 charities.
The vast majority of the Obamas' earnings continue to come from sales of the
p
million last year, largely on sales of his books, and paid nearly $1.8
million in federal income tax, according to the tax return they released
Thursday.
The Obamas gave $329,000 to charities in 2009, including $50,000 each to
CARE and the United Negro College Fund. The president also donated his $1.4
million Nobel Peace Prize award to 10 charities.
The vast majority of the Obamas' earnings continue to come from sales of the
p