Being President Is Relatively Hard on Your Income, Obama Tax Returns Show

By
Photo: Olivier Douliery-Pool/Getty Images

The first family reported an adjusted gross income of more than $5.5 million in 2009, $1.7 million in 2010, $789,674 in 2011, $608,611 in 2012, and $481,098 this year, down another 21 percent, according to their recently filed return. For 2013, the Obamas paid $98,169 in federal taxes at a rate of 20.4 percent. But in less than three years, the president will get to choose between cashing in giving speeches or a career as a tortured artist, so it all comes back around eventually.