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- Total taxable income (household): $983,826
- $506,618 earned from book deals
- Senate salary: $157,082
- Michelle Obama earned $273,618 as an administrator for University of Chicago Hospitals
- She also earned $51,200 from Treehouse Foods
- Combined, they donated $60,307 to charity in 2006
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Senator and presidential hopeful Barack Obama has released six years of tax returns for public scrutiny. He had previously released his 2006 information, and called on Senator Hillary Rodham Clinton to do so as well. Barack and Michele Obama reported adjusted gross income ranging from $200,000-$275,000 between 2000 and 2004, when he was elected to the U.S. Senate. In 2005, Obama's first year as a Senator, their income increased dramatically, because of $1.2 million received from the reissue of Dreams From My Father. Between 2000 and 2004, the Obamas adjusted gross income was between $207,000 and just over $275,000 per year.
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Comparisons
In 2006, Forbes magazine listed 2004 Democratic presidential candidate Sen. John Kerry as the richest member of Congress, with a personal wealth of $750 million, primarily from holdings belonging to his wife Teresa Heinz Kerry. The Center for Responsive Politics did not list Obama in the top 25 wealthiest senators in 2006, awarding the No. 25 spot to Republican Sen. Mitch McConnell of Kentucky, with a minimum net worth listed as $2.25 million. Obama rival Hillary Clinton was listed at No. 9 with a minimum net worth estimated at $10.3 million. -
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Obama Tax Returns on Amazon
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LBJ returns.(THE BUDGET)(Lyndon B. Johnson): An article from: National Review - $9.95
This digital document is an article from National Review, published by National Review, Inc. on March 23, 2009. The length of the article is 598 words. The page length shown above ...Amazon
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Obama Tax Returns Questions
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do you need to file an extension for your georgia state tax return? 1 AnswerBasically, no, you don't have to file any paperwork in advance. As long as you filed a Federal extension, GA extension is automatic. You will only need to reque... read more -
Should I wait to file my 2008 tax return until the Obama stimulus is passed? 2 AnswersIf there are, they will certainly be for the coming tax year. I don't believe it's within his power to suddenly change the rules for what is a complete 2008. ... read more
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What happens to sales tax when merchandise is returned? 1 AnswerUnless otherwise specified, federal, state, and local laws don't cover refunds (there are exceptions like the various lemon laws). Refunds generally fall under... read more -
What is the highest income 2008 tax return you have seen which owed zero federal taxes? 1 AnswerSingle income or married filing jointly? My wife and I filed jointly and our combined income was $54,000 We still got nearly $2,000 return, and we have no child... read more
view more questions...
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About tax returns, bailout transactions and bank supervision as part of an Obama administration push to improve government transparency.
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About tax returns, bailout transactions and bank supervision as part of an Obama administration push to improve government transparency.
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