Obamas' 2010 Income: $1.7 Million

Monday, 18 Apr 2011 02:38 PM

By Newsmax Wires

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President Barack Obama and the first lady made $1.7 million last year, down more than $3 million from 2009. The President and First Lady Michelle Obama made their taxes public on a White House blog earlier Monday.

Most of the Obamas income came from the president’s best-selling books. The Obama’s paid $453,770 in federal income taxes and about $51,000 in state income taxes to Illinois.

They gave away $245,075 to 36 different charities , with the largest contribution $131,075 to the Fisher House Foundation.
To see the income tax filings of Obama and Vice President Joe Biden, click here.

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