Dollar bills, y’all! (ap photo)
OK, we are tardy posting this, but President Obama and Vice President Joe Biden posted their tax returns today. Good thing they’re not tardy! From the NYT:
Mr. Obama and his wife, Michelle, reported an adjusted gross income of more than $5.5 million in 2009 – much of it from the sale of Mr. Obama’s books. They paid nearly $1.8 million in federal taxes.
Mr. Obama also won $1.4 million as the recipient of the 2009 Nobel Peace Prize, but he did not have to report it as income because he instructed the Nobel Committee to donate the money directly to charity, the White House said.
Aside from the Nobel award, the White House said the Obamas donated $329,100 to charity; their largest gifts were $50,000 contributions to CARE and the United Negro College Fund.
So — good money. We’re not talking Cheney money, but still. Biden and his wife, Jill, reported an income of more than $333,000. They paid more than $71,000 in taxes, and gave over $4,000 to charity.
Here’s the White House link for nosey parkers. Beltway relishes not having to post our own returns — math is not our strong suit. As a side note, the White House still hasn’t said where that Nobel Prize money is going.
