Obama Releases Seven Years Of Tax Returns
The Obama campaign announced this afternoon it has posted the candidate's tax returns on its Web site and challenges Clinton to do the same.
"The returns are complete, including all schedules, and are now available to anyone to view," the campaign announced in a statement. "The Obama campaign urged Senator Clinton to join Senator Obama in making her returns public. Full disclosure on Senator Clinton’s part is especially important because she recently loaned $5 million to her campaign, shortly after revelations surfaced that her husband was to receive a $20 million payout from Yucaipa, a supermarket holding company that invests in tax shelters in the Cayman Islands."
As for some highlights, the Obama and his wife Michelle reported joint income of $991,296 in 2006 (the most recent year released) which included $430,700 in salaries and $506,618 in reported business income. In 2005, their income was $1,670,995 – a huge jump from 2004, when the couple reported earning $207,342. One interesting note, in 2006, the couple reported donating $60,307 to charity, including $22,500 to the Trinity United Church of Christ.
The CBS News political unit provides a look at some of the numbers from the returns:
2006: Joint income totaled $991,296 (includes $430,700 combined salaries; $506,618 business income and $51,200 from Treehouse Foods, where Michelle sat on the corporate board). Breakdowns of the above numbers aren't immediately available. Also, the couple donated $60,307 to charity (includes $22,500 to Trinity United Church of Christ; $15,000 to CARE; $13,107 to the Congressional Black Caucus; $5,000 to Muntu Theatre and $4,700 to miscellaneous charities)
2005: Joint income totaled $1,670,995 (includes $154,047 for B. Obama's Senate salary; $316,962 for Michelle's University of Chicago Hospital salary; $874,167 from Random House; $335,206 from Dystel & Goodrich and $45,000 in "other income" from Treehouse Foods and Bay Valley Foods, where Michelle sat on the corporate board). They gave $77,315 to charity (includes $5,000 to Trinity Church of Christ; $11,315 to misc. charities; $25,000 to Illinois Reading Council; $20,500 to Rochelle Lee Fund and $16,000 to CARE)
2004: Joint income totaled $207,342 (includes $32,144 to B. Obama from University of Chicago; $53,288 state senator salary and $121,910 for Michelle's University of Chicago Hospital salary). The couple gave $2,500 in miscellaneous charity contributions.
2003: Joint income totaled $238,327 (includes $64,287 to Barack from University of Chicago; $58,151 state senator salary, and $115,889 for Michelle's University of Chicago Hospital salary). They gave $3,400 to miscellaneous charities.
2002: Joint income totaled $226,300 (includes $69,287 to Barack from University of Chicago; $58,187 state senator salary and $98,826 for Michelle's University of Chicago Hospital salary). The couple gave $1,050 to miscellaneous charities.
2001: Joint income totaled $176,965 (no breakdown provided on salary, however this includes $98,158 in "business income" B. Obama reported from side work as an attorney). They gave $1,470 to miscellaneous charities.
2000: Joint income totaled $212,999 (no breakdown provided on salary, however this includes $16,500 in "business income" B. Obama reported from side work as "foundation director/educational speaker"). They gave $2,350 to miscellaneous charities.
"The returns are complete, including all schedules, and are now available to anyone to view," the campaign announced in a statement. "The Obama campaign urged Senator Clinton to join Senator Obama in making her returns public. Full disclosure on Senator Clinton’s part is especially important because she recently loaned $5 million to her campaign, shortly after revelations surfaced that her husband was to receive a $20 million payout from Yucaipa, a supermarket holding company that invests in tax shelters in the Cayman Islands."
As for some highlights, the Obama and his wife Michelle reported joint income of $991,296 in 2006 (the most recent year released) which included $430,700 in salaries and $506,618 in reported business income. In 2005, their income was $1,670,995 – a huge jump from 2004, when the couple reported earning $207,342. One interesting note, in 2006, the couple reported donating $60,307 to charity, including $22,500 to the Trinity United Church of Christ.
The CBS News political unit provides a look at some of the numbers from the returns:
Why can''t this compassionate man help out a little with his own money before he looks to the government for soltions. Raises a lot of questions for me. Even I give more than they do and I make 20% of his income.
They should switch to the Republican Party.
John Conyers for Vice President (he''''s an experienced, mature Black Democrat who attends a typical Black Church, not a weird one)
When Barack was in diapers, Hillary was living in the Chicago area reaching out to minorities as a teenage girl.
When Barack was a teenager going to parties where alcohol and cocaine were being served, Hillary was working for minority children as an attorney.
The media shouldn''t be asking why poor whites are voting for Hillary. Rather they should be asking why blacks, rich and poor aren''t! Could it possibly be racism against white? (Oh, but that''s allowed!)
"He ain''t White, he ain''t Rich, and he ain''t Priviledged."
There goes 2 out of 3.
*****A
Presidential hopeful Barack Obama has released a list of $740 million in earmark requests he made in the past three years, and it includes $1 million for the hospital where his wife Michelle is a vice president.
The request for $1 million for the University of Chicago Medical Center was to help pay for construction of a new pavilion.
Michelle Obama was promoted to vice president for external affairs and had her annual salary increased from $121,910 to $316,962.
Obama also secured a $750,000 earmark for renovation of a space center named for Crown%u2019s grandfather, Henry Crown, at the Museum of Science and Industry in Chicago.
Is she trustworthy?
http://youtube.com/watch?v=XHoC-8C13Mk
Posted by Infidel_Us at 09:11 AM : Mar 26, 2008"
Huh, I see that math is not your strong point.
2000 = 1.1%
2001 = .8%
2002 = .5%
2003 = 1.5%
2004 = 1.2%
2005 = 5%
2006 = 6%
total average = 2.3%
How much did you give to charity? I''d hazard a guess of 0%.
Michelle Obama was promoted to vice president for external affairs and had her annual salary increased from $121,910 to $316,962.
Posted by nanging3 at 08:39 PM : Mar 25, 2008"
The request for funds was ultimately turned down. The hospital administration has stated that Mrs. Obama was in no way involved with the request for funds.
The pay increase was appropriate for the position she was in.
What''s your point?
Posted by truth-hurts at 02:19 AM : Mar 26, 2008"
Obama''s tax returns have been out for a while. This release is just a list of all of his tax returns for the past 7 years.
Posted by Infidel_Us at 12:02 PM : Mar 26, 2008"
Do you have anything of value to post or just your usual juvenile drivel?
Posted by gregncat at 12:06 PM : Mar 26, 2008"
When his income has allowed him to give more he has.
Now theres a charity. What ***.
Posted by taddles at 12:08 PM : Mar 26, 2008
You first
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by xsxc
March 27, 2008 7:46 AM PDT
- The Clinton''s has a fraud case in process--This is one more thing they are hiding.
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Reply to this comment
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See all 30 CommentsBelow is the case number of the actual case against Bill and Hillary Clinton for campaign finance fraud. The mainstream media has been blocking this information from all of their blogs and forums.
Also, they refuse to print any information about this case. The Clintons and company are being brought up on charges of fraudulently taking money from Peter F. Paul. They bilk this guy out of nearly 2.0 million dollars total, but he pursuing restitution for 1.2 million dollars.
This is very real. I have provided a link to the case so that you can see it for yourself. Please pass this on to everyone you know. I hope that this email gets to the people in Pennsylvania before their primary election.
Notice that the case is scheduled for hearing THREE days after the Pennsylvania primary. This is what the Clintons don%u2019t want us to know.
Hillary Clinton is really trying to dope us into thinking that she is honest and she really cares about Americans.
www.lasuperiorcourt.org
Choose Civil - then Case Summary - type in the Case Number BC304174