Thanks to Writing Side Job, Obama Earns Over $5 Million Last Year

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Photo: Mandel Ngan/AFP/Getty Images

Barack Obama raked in a cool $5.5 million last year, the majority of which comes from sales of his books. He owed $1.8 million in taxes, but overpaid by $8,287 (well, he does save money on phone and Internet bills). Meanwhile, Vice-President Joe Biden made $333,182 last year, on which he paid $71,147 in taxes, meaning the Obamas gave about the same amount to charity in 2009 ($329,100) as the Bidens earned overall (this doesn't even count the $1.4 million Nobel Peace Prize income the president donated entirely to charity). Here’s hoping Biden gets a cut on the sales of those "Big F—ing Deal" shirts. [NYDN]