Culture: What did the Obama's pay for taxes?


Today we see that Barack and Michelle made millions last year as thier income was released yesterday. Meanwhile Arizona Governor Jan Brewer vetoed the birther bill.

Money On My Mind
Whose Wallet: Barack & Michelle Obama
Weight: $1,728,096
How They Hustled: President Barack Obama and Michelle Obama reported a 2010 adjusted gross income of $1,728,096, according to federal income and gift tax returns released today. Of that, $453,770 (26 percent) went to federal taxes, $245,075 (14 percent) went to a total of 36 different charities and $51,568 (3.25 percent) went to state income taxes, meaning the couple kept roughly 56 percent of their income, outside of what they paid in city taxes.

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