Categorized | National News

Obamas Paid Over $450K In Taxes On $1.7 Million Income

Obamas Paid Over $450K In Taxes On $1.7 Million Income

WASHINGTON — President Barack Obama and his wife, Michelle, reported income of $1.728 million for last year, much of it from the sale of the president’s pre-presidency books. They paid federal taxes totaling $453,770 after receiving a $12,334 refund. Joining the flocks of Americans filing their taxes near the end of the federal filing period,…

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