Fox News LIAR says Obama made $6 million in '12 and $8 million in '11...
April 12, 2013 at 01:34 PM EDT
Today, the President released his 2012 federal income tax returns. He and the First Lady filed their income tax returns jointly and reported adjusted gross income of $608,611. The Obamas paid $112,214 in total tax.
WASHINGTON Apr 2012 --President Barack Obama and First Lady Michelle 2012 federal income tax returns showed adjusted gross income of $789,674 on which they paid $162,074 in taxes. They had an effective federal tax rate of 20.5 percent, which Obama has been arguing should be higher for high earners like himself.
The Obamas' also filed an Illinois income tax return and reported paying $31,941 in state income
More liberal magic. Step right up and see the show. You can see what isn't there and not see what really is there. Remember in liberal land up is down, down is up, right is wrong, wrong is right, good is bad and bad is good.