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| Obamas made $ 2.65 million in 2008 |
| Obamas made $ 2.65 million in 2008
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| UNITED STATES OF AMERICA
, 16-April-2009
1:23:18 AM |
| US President Barack Obama and his wife Michelle made USD 2.65 million in 2008, mostly from royalties of his two best-selling books, the White House has said.
The Obamas and Vice President Joe Biden and his wife Jill released their tax returns on Wednesday deadline for Americans to file their 2008 income tax documents.
In their joint return, the president and his wife declared an adjusted gross income of USD 2,656,902 and paid USD 855,323 in federal income tax, as well as USD 77,883 in Illinois state income taxes.
The White House said that the Obamas reported donating USD 172,050 to 37 charities, equivalent to about 6.5 percent of their adjusted gross income.
The tax forms were filed earlier this month and show the Obamas current occupations as "US President" and "US First Lady."
Obama's autobiography "Dreams from My Father" has spent 142 weeks on the New York Times paperback bestseller list, and his political manifesto "The Audacity of Hope" has been on the same chart for 67 weeks
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