Obama Taxes

April 13, 2012 - 11:57 AM
This handout image provided by the White House shows the front page of President Barack Obama and first lady Michelle Obama's tax return. The White House says President Barack Obama and his family paid more than $160,000 in federal taxes last year. The president's 2011 federal income tax return shows reported adjusted gross income of about $790,000 last year. About half of the first family's income is the president's salary. The White House says the rest comes from sales of Obama's books. (AP Photo/White House_