Like it or not, the man practices what he preaches. Remember what Romney paid in taxes? It took quite awhile for him to even release that kind of information.
Read this part of the article:
Obamas paid 93 362 in income taxes on earnings of 477 383 - Yahoo Finance
Read this part of the article:
In his sixth year in office, Obama’s earnings continued to decline and the couple reported their lowest income since 2004, before he was elected to the U.S. Senate.
“Every year, it looks exactly the same and I think that’s certainly done by design,” said Anthony Nitti, a partner at the accounting firm of WithumSmith & Brown in Aspen, Colorado. “There’s just no stock market investments whatsoever, same charitable contributions every year.”
The Obamas overpaid their federal taxes throughout 2014. They will get a $20,641 refund and direct another $5,000 to their 2015 taxes.
The Obamas donated $70,712 to charity, almost 15 percent of their adjusted gross income, according to the statement. Their largest donation, $22,012, went to the Fisher House Foundation, a Rockville, Maryland-based organization that provides housing to families of military members and veterans receiving medical treatment.
Obamas paid 93 362 in income taxes on earnings of 477 383 - Yahoo Finance
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