Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-15-2010, 11:58 AM
 
69,368 posts, read 63,992,474 times
Reputation: 9383

Advertisements

First couple earned $5.5 million in 2009 - White House- msnbc.com

First couple, with a salary of $400K, earns $5.5M in 2009
Reply With Quote Quick reply to this message

 
Old 04-15-2010, 11:59 AM
 
5,165 posts, read 6,043,391 times
Reputation: 1072
Quote:
Originally Posted by pghquest View Post
First couple earned $5.5 million in 2009 - White House- msnbc.com

First couple, with a salary of $400K, earns $5.5M in 2009
Do you think their accountant will find any tax loopholes to exploit?
Reply With Quote Quick reply to this message
 
Old 04-15-2010, 12:18 PM
 
Location: Tennessee
37,769 posts, read 40,902,683 times
Reputation: 62071
Quote:
Originally Posted by pghquest View Post
First couple earned $5.5 million in 2009 - White House- msnbc.com

First couple, with a salary of $400K, earns $5.5M in 2009
The big money jump came from his book sales??? In 2009??? Why didn't it show up on his tax return filed in 2009 for 2008 book sales?

I'm not buying the book sales as the reason for the big jump in earnings. If it caused a jump, it should have shown up on a prior year tax return. I'm not saying he didn't sell any books in 2009. I'm saying the big difference in earnings should have shown up at least a year earlier. He should have been raking it in from book sales in 2008 (reported on his tax return filed in 2009) and if he got an advance, even earlier than that.

I said the above but have since found a Wall Street Journal article that said he reported $2.7 million in earnings on the return he filed in 2009 so he didn't actually go directly from a couple of hundred thou to $5.5M. He made a lot in 2008, too, before he was president.

Last edited by LauraC; 04-15-2010 at 12:30 PM..
Reply With Quote Quick reply to this message
 
Old 04-15-2010, 12:24 PM
 
69,368 posts, read 63,992,474 times
Reputation: 9383
Quote:
Originally Posted by LauraC View Post
The big money jump came from his book sales??? In 2009??? Why didn't it show up on his tax return filed in 2009 for 2008 book sales?
Actually I do buy it as an excuse.. Obama has put out over 200+ books since becoming president. Many of them consist of his speaches and platforms..
Amazon.com: barack obama: Books

I think he's sold more books than he's created jobs..
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 01:08 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top