Obama-Castro’s Historic Handshake – Video
Obama-Castro #39;s Historic Handshake
The presidents of the two countries meet face to face at a summit in Panama.
By: ABC News
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Obama-Castro's Historic Handshake - Video
Archive for the ‘Obama’ Category
President Obama Participates in a Press Conference After the Summit of the Americas – Video
President Obama Participates in a Press Conference After the Summit of the Americas
After the seventh Summit of the Americas, President Obama participates in a press conference before departing Panama. April 11, 2015.
By: The White House
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President Obama Participates in a Press Conference After the Summit of the Americas - Video
Irak and Barrack Obama in concert the isis obama rates the lyricist junior vybz kartel – Video
Irak and Barrack Obama in concert the isis obama rates the lyricist junior vybz kartel
By: angle saxon
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Irak and Barrack Obama in concert the isis obama rates the lyricist junior vybz kartel - Video
Obama taxes
President Obama and First Lady Michelle Obama reported about the same amount of income in 2014 as they did in 2013.
President Obama and First Lady Michelle Obama reported $495,964 in gross income last year, according to their 2014 tax returns released by the White House on Friday afternoon.
The president's salary accounted for nearly $395,000 of that, while their net business income came to $88,181 from Random House and literary management company Dystel & Goderich. They also earned about $16,000 in taxable interest.
After accounting for $17,400 in tax-deferred retirement savings and a $1,181 deduction for the self-employment payroll taxes they paid, their adjusted gross income came to $477,383, just a little less than they earned the year before.
Related: Top 400 taxpayers' average income jumps to $336 million
So how much of all that went to Uncle Sam? The Obamas' federal income tax bite came to $93,362, or 19.6% of their AGI.
A piece of that tax burden -- $2,035 -- was attributable to the Medicare surtax on high earners that was created to help fund Obamacare.
The Obamas donated $70,712, or about 15% of their AGI, to more than 30 charities.
They also paid $22,640 in income taxes to their home state of Illinois.
CNNMoney (New York) April 10, 2015: 6:33 PM ET
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Obama taxes