#AceFinanceNews UNITED STATES WHITEHOUSE April 12 President and…

#AceFinanceNews – UNITED STATES – WHITEHOUSE – April 12 – President and Michele Obama saw their income drop significantly in 2013, according to tax returns released by the White House Friday http://www.whitehouse.gov/blog/2014/04/11/president-obama-and-vice-president-biden-s-2013-tax-returns

For 2013, the Obamas reported adjusted gross income of $481,098 – no pauper’s salary, but a 21% drop from the $608,611 they reported in 2012 http://www.whitehouse.gov/blog/2013/04/12/president-obama-and-vice-president-biden-2012-tax-returns

With the smaller take home pay, their charitable contributions similarly shrank – from $150,034 in 2012 to $59,251 in 2013.

The big difference: book sales are down. The Obamas reported $273,739 income from publishers/agents in 2012, but only $116,180 in 2013.

Would like to know what Joe Biden’s income and status figures are visit this page http://www.usatoday.com/story/theoval/2014/04/11/obama-tax-returns-income-drop/7602535/

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