In that is a remarkable reality. He took a pay cut along with those facing "The Sequester" salary cuts. He is moral man. He loves his family and this nation. I am proud of his presidency. He is dedicated and works hard for the policies he achieves. There is a lot there to be proud of.
Originally published: April 13, 2013 9:24 AM
Updated: April 13, 2013 10:03 AM
By
WASHINGTON - President Barack Obama (click here) made less in 2012 than in any other year since taking office, with about 40 percent of the nearly $609,000 in income he and first lady Michelle Obama reported coming from book sales.
Obama, who renewed his call for higher taxes on the wealthy in the budget he released Wednesday, paid $112,214 in taxes last year, putting his effective federal tax rate at 18.4 percent, according to tax returns released by the White House.
Most of the $608,611 the Obamas reported in adjusted gross income came from the president's salary, $394,840. He got $258,772 in royalties from his books, including his 1995 memoir "Dreams from My Father" and 2006 political book "The Audacity of Hope."...
Originally published: April 13, 2013 9:24 AM
Updated: April 13, 2013 10:03 AM
By
WASHINGTON - President Barack Obama (click here) made less in 2012 than in any other year since taking office, with about 40 percent of the nearly $609,000 in income he and first lady Michelle Obama reported coming from book sales.
Obama, who renewed his call for higher taxes on the wealthy in the budget he released Wednesday, paid $112,214 in taxes last year, putting his effective federal tax rate at 18.4 percent, according to tax returns released by the White House.
Most of the $608,611 the Obamas reported in adjusted gross income came from the president's salary, $394,840. He got $258,772 in royalties from his books, including his 1995 memoir "Dreams from My Father" and 2006 political book "The Audacity of Hope."...
