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White House Releases Tax Returns of Obama, Biden - First 100 Days of Presidency - Politics FOXNews.com:
Total Obama income: $2.7 million
Federal Tax: $855,323 (31.7%)
Charity: $172,050 (6.4%)
It looks like the Obamas paid normal taxes for their income and the charity donations look 3 times the average (2.2%).
Total Biden income: $269,256
Federal Tax: $46,952 (17.4%)
State (Delware): $11,164 (4.1%)
Total tax: $58,116 (21.6%)
Charity: $1,885 (0.70%)
It looks like the Biden's tax was quite low and their charity was only one third of the average.
Wednesday, April 15, 2009
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