Tax Time: The Obama’s Paid $172,00 in Charitable Contributions for 2011

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This Tuesday, April 17th is the tax deadline, I hope you already knew that. Friday the First Family released tax returns for 2011. It appears that the President’s income has decreased every year that he has been in the White House.  Their  2011 tax returns reflect an income of $789,674 and charitable contribution of $172,000.  The Obama’s reported an adjustable gross income of 1.7 million dollars in 2010 and in 2009 $5.5 million. Forget running the free world, he had a better gig as an author.  The drop in income was due to proceeds declining from book sales.




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