NPR : News

Filed Under:

Obamas And Bidens Release 2011 Tax Returns

The White House just posted word that President Obama and first lady Michelle Obama filed 2011 tax returns showing an "adjusted gross income of $789,674" and that they paid "$162,074 in total [federal] tax." That works out to about 20.5 percent of the AGI.

About half of the first family's income was from the president's salary. The rest came from royalties generated by his books. According to the White House:

"The president and first lady also reported donating $172,130 — or about 22% of their adjusted gross income — to 39 different charities. The largest reported gift to charity was a $117,130 contribution to the Fisher House Foundation. The president is donating the after-tax proceeds from his children's book to Fisher House, a scholarship fund for children of fallen and disabled soldiers."

The first couple's return shows they're due a refund of $24,515.

Vice President Biden and his wife Jill reported "adjusted gross income of $379,035," the White House says. "The Bidens paid $87,900 in total federal tax for 2011 [about 23 percent of their AGI]. They paid $13,843 in Delaware income tax and $3,614 in Virginia income tax. The Bidens contributed $5,540 to charity in 2011."

The Obamas' returns can be downloaded here. The Bidens' are here.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Musicians 'Let It All Out' At MTV's Video Music Awards

Complex magazine writer Alex Gale talks about the more than 30-year history and previews what to expect for Sunday night's Video Music Awards on MTV.
NPR

Japan's Centuries-Old Tradition Of Making Soba Noodles

In the remote mountains of the Japanese island of Shikoku, an old woman makes soba noodles by hand from locally grown buckwheat. It's ancient technique that is adapting to modern times.
WAMU 88.5

D.C. Department Shakeup Raises Questions About Pay-To-Play Politics

Turnover at a major D.C. government department is raising questions about local businesses, political contributions and influence in city politics.

NPR

A Hero For The Arts And Sciences: Upcoming Marvel Covers Promote STEAM Fields

The five covers feature the company's heroes — including Spiderman, Iron Man, and the Hulk — all engaging in activities educators have been trying to promote.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.