The Obama family paid over $850,000 in federal income taxes this year

[scheming daemons]

Wanna bet that number is higher than ANY participant at ANY teabagging event?



They also gave over $170,000 to charity.... including a hefty amount to the Catholic Relief Fund.



Their income was $2.7 million... Over $2.5 of it from book sales.



http://www.politico.com/news/stories/0409/21290.html

[Rabrrrrrr]

1. So he made 2.5 mil on books, and gave 0.17 to charity? Shrubbie gave 100% of his book sales away.

Oh, wait, he's the only ex-president who couldn't even get a book deal, so that's 100% of zero that he gives to charity.

Never mind.

:rofl:

[uppityperson]

2. and he only donated to charity to drop his tax load also, not because he actually cared

:sarcasm: since it may be difficult to tell today

[csziggy]

9. 850,000 is way more than 0.17 of 2,500,000 - more like 30+%

[Rabrrrrrr]

11. I didn't say 0.17 percent. I said 0.17 mil.

[dysfunctional press]

12. he didn't give 850,000 to charity- that was his tax amount.

nt

[Merlot]

3. I would LOVE to pay 850K in taxes

I would love to have enough money to pay that much and be able to donate 170K to charity.

I paid less this year in taxes than I've ever paid in my life, becasue I made less than I have ever made. It's dismal.

[emilyg]

7. It would be nice to be

rich just once in my life.

[Egalitariat]

4. Presidents, cabinet members, and congress people shouldn't be allowed to profit from book income

while they're in office. In my opinion, that is.

[Merlot]

8. Not profiting from book sales only applies to prisoners

Not sure why politicians shouldn't be able to profit from a book they wrote.

[Ocracoker16]

10. So, they can't write books?

I don't think that is very reasonable. As long as they pay the taxes on their book profits, they should be able to write as many books as they want to. I would be interesting in knowing why you would propose this.

[BlooInBloo]

5. Good for him.

[Cha]

6. Yeah, President Obama is a

good citizen. Works hard and pays his share of taxes for our country without teabagging, whining, and making up shit.