( WASHINGTON (AP) - President Barack Obama is one taxpayer who filed his returns on time. Tax returns released by the White House show Obama and his wife, Michelle, together made $2.7 million last year.
While that's far more than the U.S. median household income of about $50,000, it's also far less than the Obamas made the previous year. In 2007, they made $4.2 million.
Nearly all of their earnings last year came from the president's two best-sellers.
The nonfiction books—"Dreams From My Father" and "The Audacity of Hope"—brought the Obamas nearly $2.5 million in royalties.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. )
end of quote !!!
How many Voted for Obama thinking HE and His family were in their shoes and the Obamas could relate ???
Thank GOD for Wealthy Democrats
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Re: Thank GOD for Wealthy Democrats
Heard this on the radio yesterday