04-26-2011, 01:02 PM
(04-26-2011, 12:31 PM)username Wrote:(04-26-2011, 11:20 AM)BlueTiki Wrote: Anyone happen to review a copy of the First Family's tax returns?
I remember being impressed by the amount supposedly given to charity. Too lazy to google.
$250K is generous. His effective tax rate was 26%. (6% less than my rate on substantially less income)
The first family took a severe hit from their 2009 AGI high when their income was around $5.5M. In 2008, their income was $2.7M.
Poor Biden . . . made less than $400K. But he's a VP without his mother-in-law living on property. As an aside . . . Cheney never topped the $1M ceiling while VP.
While folks are struggling to keep their homes, Obama deducted almost $50K in mortgage interest. Oh yeah . . . he got a $12,000 refund.
I wonder if he returned it to the Treasury . . . as an example to all of us?