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Sunday, April 19, 2009

Two Things Are Certain In Life...Death and Taxes.


Having to pay taxes sucks but, we all have to do it. Even the Preisdent and Vice-President.

Recently the tax returns of President Obama and Vice President Biden were released to the public. Everybody has been eager to see the incomes of our two leaders.

An article from Reuters revealed President Obama, filing joint with Michelle Obama, had an adjusted gross income of $2,656,902. They paid roughly $855,000 in federal income taxes and almost $78,000 in state income taxes.

Most people are thinking or asking, do President's of the United States make that much money? But remember President Obama is a best selling author. The majority of President Obama's income came from the sale of his memoirs, "Dreams of My Father" and "The Audacity of Hope."

In Vice President Biden's case he made a tenth of what the President did. Both the Vice President and his wife claimed $269,256 for 2008.

You can take a look at both President Obama and Vice President Biden's tax returns. Both are open to the public. Wouldn't it be interesting if everyone's taxes were open to the public.

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