SubscribeNon-Elite Obamas Made $4.2 Million Last Year
More on the struggling Obamas from their fans at the Associated Press:
Obama reports income of $4.2 million in 2007 tax returns
By BETH FOUHY, Associated Press Writer
PHILADELPHIA - Democratic Sen. Barack Obama and his wife, Michelle, made $4.2 million last year as widespread interest in the presidential candidate pushed the sales of his two books.
In tax returns the campaign released Wednesday, the Obamas reported a significant jump in their income from the previous year as profits from the books “Dreams From My Father” and “The Audacity of Hope” accounted for some $4 million. The Obamas paid federal taxes of $1.4 million and donated $240,370 to charity.
Their salaried income was $260,735.
In 2006, Obama and his wife reported income of $991,296. The sum included Obama’s Senate salary of $157,082 and his wife’s earnings of $273,618 from her position as an administrator at the University of Chicago Hospitals. Michelle Obama also earned $51,200 in director’s fees from TreeHouse Inc., a food distributor.
They paid $277,431 in federal taxes — an overpayment of $40,856, which they designated for estimated tax payments this year.
Among the charitable donations in 2007 was $26,270 to Trinity United Church of Christ, where the incendiary sermons of Obama’s former pastor have created problems for the candidate. The Obamas’ largest charitable donation was $50,000 to the United Negro College Fund. They also gave $35,000 to CARE…
And yet they still hate America.
The country that made them rich for doing nothing.
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15 Responses to “Non-Elite Obamas Made $4.2 Million Last Year”
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April 16th, 2008 at 6:31 pm
A headline on Yahoo news:
“Obama reports income of $4.2 million in 2007 tax returns”
Yeah, he is one of us, right.
April 16th, 2008 at 6:38 pm
Of course he is - look how much the Clintons made that same year!
That just goes to show how the Black man can’t get a break in a White world! Equal pay! Equal pay!
Mad Pole, we’re going to need to send you for sensitivity training…
April 16th, 2008 at 8:48 pm
$4.2 Mill? For those books?
It’s time to quit reading and get writing for non-elite Mr Nimbles…
April 16th, 2008 at 9:38 pm
Why do I keep thinking of the movie The Jerk?
April 16th, 2008 at 10:29 pm
That’s only half a title, DEZ. Think of the joke about the parent who was so proud of his son, who was only two, and already knew half a word. Don’t make me spell it out. ;-}
April 16th, 2008 at 10:35 pm
“Among the charitable donations in 2007 was $26,270 to Trinity United Church of Christ”
That’s just about enough to cover the cost of the camodes in Reverend Wright’s mansion.
April 16th, 2008 at 10:48 pm
” Don’t make me spell it out.”
Come on, Do it, Do it!
Off we go.
April 16th, 2008 at 10:55 pm
The Jerk?…..Off …(we go) came to mind!
What’s the half word? Mother.
April 16th, 2008 at 11:07 pm
Pushing the envelope MG?
April 16th, 2008 at 11:13 pm
DEZ; ….”Come on, Do it, Do it!….”
I just do’d it like you ast me to. ;-}
April 16th, 2008 at 11:18 pm
Wad do want me to say, We be fooking off topic!
April 17th, 2008 at 5:43 am
@BillK
If he wins, we all will be send to sensitivity training, Stalin-style.
April 17th, 2008 at 6:21 am
Why would Hillary and Barak want to take HUGE pay cuts to become POTUS?!? If the accounts that are being held by the Clintons and Obamas go into a “blind” trust I just can’t for the life of me figure out why?! LMAO
April 17th, 2008 at 3:21 pm
Lipstick — Powerlust. More intoxicating than mere wealth.
April 18th, 2008 at 3:09 am
Why do I get the funny feeling that NEITHER is going to settle for less cash?!? Am I the only one here!?! ROFLMAO