The president’s tax return shows he made a mere $5.5 million last year, mostly on book sales. The more you make, the more you pay, that’s how it works.
Obama’s total tax bill was just under $1.8 million, and the president overpaid that by $8,287, about a third of his refund last year. Yikes! Guess that means no raise in Malia and Sasha’s allowance this year.
Meanwhile Vice President Joe Biden earned a measly $333,182, including his wife’s income. How does that even begin to make sense? That’s less than Obama donated to charity, even before you start counting his Nobel contribution.
Oh, to be rich…