« previous next »
Pages: [1]   Go Down

Author Topic: White House Releases Tax Returns of Obama, Biden  (Read 4800 times)

0 Members and 1 Guest are viewing this topic.

Offline TheSarge

  • Platoon Sergeant
  • Hero Member
  • *****
  • Posts: 9557
  • Reputation: +411/-252
White House Releases Tax Returns of Obama, Biden
« on: April 15, 2009, 08:12:00 PM »


It's tax day at the White House and both President Obama and Vice President Biden have filed their tax returns.

Tax returns released by the White House show Obama and his wife, Michelle, together made $2.7 million last year.

While that is far more than the U.S. median household income of about $50,000, it is also far less than the Obamas made the previous year. In 2007, they made $4.2 million.

Nearly all of their earnings last year came from the president's two best-sellers. The nonfiction books -- "Dreams From My Father" and "The Audacity of Hope" -- brought the Obamas nearly $2.5 million in royalties.

The Obamas paid $855,323 in federal income tax and donated $172,050 to 37 different charities. The largest donations in 2008 were to CARE and the United Negro College Fund for $25,000.

Biden reports that he and his wife earned $269,256 last year.

The couple's main sources of income were salaries from the Senate, Widener University, Delaware Technical & Community College and royalties from the audio rights to the vice president's memoir, "Promises to Keep."

According to tax returns released by the vice president's office, the Bidens paid $46,952 in federal income taxes and $11,164 in Delaware state income taxes. They donated $1,885 to charity.

http://www.foxnews.com/politics/first100days/2009/04/15/white-releases-tax-returns-obama-biden/
Logged
Liberalism Is The Philosophy Of The Stupid

The libs/dems of today are the Quislings of former years.  The cowards who would vote a fraud into office in exchange for handouts from the devil.

If it walks like a donkey and brays like a donkey and smells like a donkey - it's Cold Warrior.  - PoliCon



Palin has run a state, a town and a commercial fishing operation. Obama ain't run nothin' but his mouth. - Mark Steyn

Offline Hawkgirl

  • Alpha Female
  • Hero Member
  • *****
  • Posts: 4291
  • Reputation: +186/-73
Re: White House Releases Tax Returns of Obama, Biden
« Reply #1 on: April 15, 2009, 08:17:50 PM »
The largest donations in 2008 were to CARE and the United Negro College Fund for $25,000.

IT left out donations to ACORN.
Logged

Offline TheSarge

  • Platoon Sergeant
  • Hero Member
  • *****
  • Posts: 9557
  • Reputation: +411/-252
Re: White House Releases Tax Returns of Obama, Biden
« Reply #2 on: April 15, 2009, 08:22:57 PM »
Quote from: Hawkgirl on April 15, 2009, 08:17:50 PM
The largest donations in 2008 were to CARE and the United Negro College Fund for $25,000.

IT left out donations to ACORN.

Those were under the table shhhhhh!

Their reward will be absolute control of the 2010 Census.
Logged
Liberalism Is The Philosophy Of The Stupid

The libs/dems of today are the Quislings of former years.  The cowards who would vote a fraud into office in exchange for handouts from the devil.

If it walks like a donkey and brays like a donkey and smells like a donkey - it's Cold Warrior.  - PoliCon



Palin has run a state, a town and a commercial fishing operation. Obama ain't run nothin' but his mouth. - Mark Steyn

Offline docstew

  • Hero Member
  • *****
  • Posts: 4741
  • Reputation: +282/-187
  • My Wife is awesome!
Re: White House Releases Tax Returns of Obama, Biden
« Reply #3 on: April 16, 2009, 12:40:08 AM »
nice to see that joe is keeping up the 0.6% donation to charity
Logged

Offline Bluesuiter-Retired

  • Full Member
  • ***
  • Posts: 464
  • Reputation: +20/-17
Re: White House Releases Tax Returns of Obama, Biden
« Reply #4 on: April 16, 2009, 03:45:28 AM »
Wasn't it Biden who stated that the PATRIOTIC thing to do was pay MORE taxes?

Too bad he isn't a man of his word!
Logged
America - Love It, or LEAVE

Offline Bluesuiter-Retired

  • Full Member
  • ***
  • Posts: 464
  • Reputation: +20/-17
Re: White House Releases Tax Returns of Obama, Biden
« Reply #5 on: April 16, 2009, 07:44:44 AM »
He is all about redistribution of the wealth.

Anyone wanna bet he doesn't mean his own wealth?
Logged
America - Love It, or LEAVE

Offline Chris_

  • Little Lebowski Urban Achiever
  • Hero Member
  • *****
  • Posts: 46845
  • Reputation: +2028/-266
Re: White House Releases Tax Returns of Obama, Biden
« Reply #6 on: April 16, 2009, 07:59:58 AM »
Quote from: Hawkgirl on April 15, 2009, 08:17:50 PM
The largest donations in 2008 were to CARE and the United Negro College Fund for $25,000.

IT left out donations from ACORN.
Fixt.
Logged
If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline diesel driver

  • Creepy Ass Cracker and Smart-Ass White Boy!
  • Hero Member
  • *****
  • Posts: 9128
  • Reputation: +607/-55
  • Enhancing My Carbon Footprint!
Re: White House Releases Tax Returns of Obama, Biden
« Reply #7 on: April 16, 2009, 04:40:18 PM »
Quote from: docstew on April 16, 2009, 12:40:08 AM
nice to see that joe is keeping up the 0.6% donation to charity

Really!

If you look up "cheap bastard" in the dictionary, you would see Joe's picture....
Logged
Murphy's 3rd Law:  "You can't make anything 'idiot DUmmie proof'.  The world will just create a better idiot DUmmie."

Liberals are like Slinkys.  Basically useless, but they do bring a smile to your face when you push them down a flight of stairs...
 
Global warming supporters believe that a few hundred million tons of CO2 has more control over our climate than a million mile in diameter, unshielded thermo-nuclear fusion reactor at the middle of the solar system.

"A dead enemy is a peaceful enemy.  Blessed be the peacemakers". - U.S. Marine Corp

You can't fix stupid, but you can vote it out of office.

Offline RightCoast

  • Hero Member
  • *****
  • Posts: 3438
  • Reputation: +185/-24
  • Semper Fi means more than most will ever know
Re: White House Releases Tax Returns of Obama, Biden
« Reply #8 on: April 16, 2009, 06:25:03 PM »
My question is what did barack give to charity in '07? Much less I'm thinking.
Logged
nine eleven is a car
nine one one is an emergency service
September 11, 2001 was an attack
Never Forget, or Minimize.

Offline USA4ME

  • Evil Capitalist
  • Hero Member
  • *****
  • Posts: 14835
  • Reputation: +2476/-76
Re: White House Releases Tax Returns of Obama, Biden
« Reply #9 on: April 16, 2009, 06:31:28 PM »
Hussein donated 6.37% of his total income to charity.

Biden donated 0.007% of his total income to charity.

My goodness.  How cheap can you get?

.
Logged
Because third world peasant labor is a good thing.

Offline djones520

  • Hero Member
  • *****
  • Posts: 4207
  • Reputation: +181/-146
Re: White House Releases Tax Returns of Obama, Biden
« Reply #10 on: April 16, 2009, 06:34:16 PM »
Quote from: USA4ME on April 16, 2009, 06:31:28 PM
Hussein donated 6.37% of his total income to charity.

Biden donated 0.007% of his total income to charity.

My goodness.  How cheap can you get?

.

How much did you donate?
Logged
"Chuck Norris once had sex in an 18 wheeler. Some of his semen dripped onto the engine. We now call that truck Optimus Prime."

Offline rich_t

  • Hero Member
  • *****
  • Posts: 7942
  • Reputation: +386/-429
  • TANSTAAFL
Re: White House Releases Tax Returns of Obama, Biden
« Reply #11 on: April 16, 2009, 06:37:39 PM »
Quote from: djones520 on April 16, 2009, 06:34:16 PM
How much did you donate?

How much did you?

I didn't keep tabs on mine as I didn't file it for a tax deduction, but I estimate it at about 2-3% of my net income.

Logged
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944

Offline djones520

  • Hero Member
  • *****
  • Posts: 4207
  • Reputation: +181/-146
Re: White House Releases Tax Returns of Obama, Biden
« Reply #12 on: April 16, 2009, 06:39:41 PM »
About $300, less then 1% of mine.

I'll never chastise anyone for their charitable donations, no matter how little it is.  And as for the President, he donated quite a bit.

Edit:  It was actually closer to $500.  So maybe 1.5%ish.
Logged
"Chuck Norris once had sex in an 18 wheeler. Some of his semen dripped onto the engine. We now call that truck Optimus Prime."

Offline USA4ME

  • Evil Capitalist
  • Hero Member
  • *****
  • Posts: 14835
  • Reputation: +2476/-76
Re: White House Releases Tax Returns of Obama, Biden
« Reply #13 on: April 16, 2009, 06:50:17 PM »
Quote from: djones520 on April 16, 2009, 06:34:16 PM
How much did you donate?

Typically 15%+.

Edit:  Here's my problem with what they give:  For a group of individuals who go around claiming how much excess the wealthy have and how they need to be willing to use that money to assist others who are in need, libs are some of the most tight-fisted pricks on the planet.  Don't sit there and tell me that corps are mistreating people and the wealthy are keeping too much of their money while you're making what most Americans consider to be mega-bucks and pocketing enough to feed several dozen families.  Either live up to what you're preaching or shut up.

.
« Last Edit: April 16, 2009, 06:59:22 PM by USA4ME »
Logged
Because third world peasant labor is a good thing.

Offline RobJohnson

  • Hero Member
  • *****
  • Posts: 8876
  • Reputation: +333/-109
Re: White House Releases Tax Returns of Obama, Biden
« Reply #14 on: April 17, 2009, 11:16:48 AM »
Quote from: USA4ME on April 16, 2009, 06:50:17 PM
Here's my problem with what they give:  For a group of individuals who go around claiming how much excess the wealthy have and how they need to be willing to use that money to assist others who are in need, libs are some of the most tight-fisted pricks on the planet.  Don't sit there and tell me that corps are mistreating people and the wealthy are keeping too much of their money while you're making what most Americans consider to be mega-bucks and pocketing enough to feed several dozen families.  Either live up to what you're preaching or shut up.

.

I agree.
Logged

Offline Maluhia

  • Probationary (Probie)
  • Posts: 9
  • Reputation: +1/-10
Re: White House Releases Tax Returns of Obama, Biden
« Reply #15 on: April 17, 2009, 11:37:35 AM »
Maybe they just didn't claim all of their donations. In fact, if you claim a donation, doesn't it then become a write off and you get money back on it? So wouldn't it be more charitable to not claim donations?
Logged
God bless us, EVERYONE.

Offline USA4ME

  • Evil Capitalist
  • Hero Member
  • *****
  • Posts: 14835
  • Reputation: +2476/-76
Re: White House Releases Tax Returns of Obama, Biden
« Reply #16 on: April 17, 2009, 07:12:56 PM »
Quote from: Maluhia on April 17, 2009, 11:37:35 AM
Maybe they just didn't claim all of their donations. In fact, if you claim a donation, doesn't it then become a write off and you get money back on it? So wouldn't it be more charitable to not claim donations?

"In fact, if you claim a donation, doesn't it then become a write off and you get money back on it?"

Wha.....?  Get money back on it from whom?

.

Logged
Because third world peasant labor is a good thing.

Offline NHSparky

  • Hero Member
  • *****
  • Posts: 24431
  • Reputation: +1280/-617
  • Where are you going? I was gonna make espresso!
Re: White House Releases Tax Returns of Obama, Biden
« Reply #17 on: April 19, 2009, 06:38:50 AM »
Quote from: Maluhia on April 17, 2009, 11:37:35 AM
Maybe they just didn't claim all of their donations. In fact, if you claim a donation, doesn't it then become a write off and you get money back on it? So wouldn't it be more charitable to not claim donations?

You mean like the Clintons, who got deductions for DONATED UNDERWEAR?
Logged
“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.”  -Henry Ford

Offline happy1ga

  • Full Member
  • ***
  • Posts: 393
  • Reputation: +48/-6
Re: White House Releases Tax Returns of Obama, Biden
« Reply #18 on: April 20, 2009, 02:11:37 AM »
I give a lot of clothes and household goods to women's shelter here, but I don't itemize the stuff. I just give a rough value to it, way less than it's worth, so I don't have to worry about it. I usually give a whole lot of money to charity, but unfortunately, this last year I just couldn't. It is looking like I will be giving even less this coming year, unless business changes a whole lot. If it doesn't, I am going to be the one asking for charity.  :censored: Seriously, though, the libs are usually the stingiest of all people. There are exceptions, of course, but most don't believe in being charitable as they aren't religious.
Logged
There is no virtue in compulsory government charity, and there is no virtue in advocating it. A politician who portrays himself as caring and sensitive because he wants to expand the government's charitable programs is merely saying that he is willing to do good with other people's money. Well, who isn't? And a voter who takes pride in supporting such programs is telling us that he will do good with his own money— if a gun is held to his head.
Pages: [1]   Go Up
« previous next »