Obamas: $5.5 million income, $1.8 million tax bill - Yahoo! News I wonder if he's pissed off that Palin made double that and then some in only six months? I guess we know who the expert is on making money, huh? Screw the nuclear program... she can buy her own nukes from Iran. so...5.5 million less the 1.8 in taxes....leaving 3.7 million...with donations to charity at just under 330 K...so less than 10% of taxed income. Whew...I bet Rev. Wright hated to see that... And I loved the slick move on never accepting the Nobel Prize money...just donate it. Not taxes on that cash...pretty smart. And kinda made him look good in the process. I wonder if we can get a list of the "charities" he donated to.... And there's ol' Joe... He didn't do so hot. I bet he gets himself a good book deal soon though. Hang in there Joe...you'll be able to give WAY more than 4,800 to charity next year. Damn...I donate more than that and I make less than 100K a year...Keep it up Joe. You're an inspiration to us all.