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Obamas Paid $113,000 in Taxes

NUMBERS

2012 returns released.

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Charles Dharapak

Listen up, nosy Americans. The Obamas released their joint tax return for 2012. How much did they make? Barack and Michelle had a gross income of $608,611. Paying the federal income tax rate of 18.4 percent, the president and first lady paid $113,214 in federal taxes. Meanwhile, Vice President Joe Biden and wife Jill grossed $385,072 and paid $87,851 in federal taxes. You can see all the president and veep’s tax returns in full here.

Read it at Talking Points Memo

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