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What do you think of the taxes Obama paid this year?

http://www.newsorelse.com/article/644/What_Obama_Paid_in_Taxes
"Now, normally tax returns don't inspire a lot of buzz. But when it's the Obamas' and the Bidens', the 1040s are actually pretty interesting. According to an article from Reuters, President Obama (who filed jointly with his wife, Michelle), reported an adjusted gross income of $2,656,902. They paid roughly $855,000 in federal income taxes
and almost $78,000 in state income taxes.

Now hold up—since when do (honest) politicians make millions of dollars? Well, normally they don't. But Mr. Obama is also a best-selling author. The majority of his 2008 income came from sales of his two memoirs, "Dreams of My Father" and "The Audacity of Hope." Interestingly, the Obamas' income took a substantial drop in 2008. According to Fox News, the couple actually pulled in $4.2 million in 2007."

 
Anonymous

Asked by Anonymous at 3:12 PM on Apr. 16, 2009 in Politics & Current Events

This question is closed.
Answers (11)
  • Um, Anon:37, you DO realize that he JUST paid those taxes... right?

    This has nothing to do with him being elected. The taxes he paid in 2008 were for tax year 2007. THOSE are the ones he "had to" pay.
    Anonymous

    Answer by Anonymous at 3:57 PM on Apr. 16, 2009

  • Im just glad they actually paid them, unlike most of Obamas picks for his cabinet.
    Anonymous

    Answer by Anonymous at 3:19 PM on Apr. 16, 2009

  • ROFL anon 3:19..... True! So True! With humor like that, don't be anon! Be proud! :o)
    grlygrlz2

    Answer by grlygrlz2 at 3:22 PM on Apr. 16, 2009

  • I don't care...
    SheriSanchez

    Answer by SheriSanchez at 3:28 PM on Apr. 16, 2009

  • He had too, imagine if he wouldn't have. He wouldn't have gotten elected. At least one of the criminals had to be straighter than the rest in order to get the rest of the crooks in office. Duhhhhh.
    Anonymous

    Answer by Anonymous at 3:37 PM on Apr. 16, 2009

  • Oh gag me... You realize that there has never been a more in depth vetting process, and if we started to investigate, say you, that you might owe on taxes too... and wasn't one of the people recently who owe on taxes a couple of republicans... like Sarah Palin for example.

    As far as how much he pays in taxes it shows me that he is willing to put his money where his mouth is. He believes that he and others like him who make a lot of money should pay more in taxes...
    Anonymous

    Answer by Anonymous at 3:40 PM on Apr. 16, 2009

  • So it's bad that our president is also a best selling an author? I see that as a positive.
    Anonymous

    Answer by Anonymous at 3:51 PM on Apr. 16, 2009

  • I think it proves a lot of people think is the shiznit, too bad he's proving them wrong.
    Anonymous

    Answer by Anonymous at 3:57 PM on Apr. 16, 2009

  • So Obama paid 31% tax. Where should his tax bracket be for that bracket? Anyone know?
    akinbottom2

    Answer by akinbottom2 at 3:59 PM on Apr. 16, 2009

  • **liability for that bracket
    akinbottom2

    Answer by akinbottom2 at 4:00 PM on Apr. 16, 2009

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