Obama Tax Returns

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.

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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