President Barack Obama and First Lady Michelle have just released their tax return. The Obamas made close to $800,000 in 2011 and paid a federal income tax rate of 20.5%. According to Politico, less than half of the Obamas income came from the President’s pre-tax salary of $400,000. The majority of their $789,674 income came from the President’s [...]
Obamas Release Taxes, Made Nearly $800,000 In 2011 is a post from: The Inquisitr