President Obama's income as president : $400,000
Royalties from his books in 2014: $94,889
President Obama and his wife Michelle Obama earned $477,383 in adjusted gross income in 2014.
(Joseph Biden and his wife earned $388,844 in 2014.)
The Obamas paid $93,362 in federal taxes.
(Joseph Biden and his wife paid $90,506 Federal taxes in 2014.)
The Obamas donated $70,712 (15% of their income) to charity. $22,012 to Fisher House Foundation, a Chicago-based organization that provides accommodations to families of service members who are receiving treatment at military and veterans' hospitals. In 2012 they donated $103,000; and in 2013 they gave
$8, 751 to the group.
(Joseph Biden and his wife donated $7,380 to charity in 2014.)
Source:
NY Times. Saturday April 11, 2015, A13.
