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April 15, 2010
Obama and Biden Release Tax Returns
President Obama and Vice-President Biden today released their 2009 tax returns:
Obama:
- Press Release
- Tax Returns (Federal Forms 1040, 709; Illinois Form 1040)
- Returns Relating to Nobel Prize
Biden:
- Press Release
- Tax Returns (Federal Form 1040; Delaware Form 200-01)
Here are charts putting the 2009 returns in context with their earlier returns:
Obama:
Year
AGI
Tax
Charitable Gifts
Gifts/AGI
2009
$5,505,409
$1,792,414
$329,100
6.0%
2008
$2,656,902
$855,323
$172,050
6.5%
2007
$4,139,965
$1,396,772
$240,370
5.8%
2006
$983,826
$277,481
$60,307
6.1%
2005
$1,655,106
$545,614
$77,315
4.7%
2004
$207,647
$40,426
$2,500
1.2%
2003
$238,327
$51,856
$3,400
1.4%
2002
$259,394
$68,958
$1,050
0.4%
2001
$272,759
$86,072
$1,470
0.5%
2000
$240,505
$63,732
$2,350
1.0%
Biden:
Year
AGI
Tax
Charitable Gifts
Gifts/AGI
2009
$333,182
$71,147
$4,820
1.45%
2008
$269,256
$47,464
$1,885
0.70%
2007
$319,853
$66,273
$995
0.31%
2006
$248,859
$42,832
$380
0.15%
2005
$321,379
$70,473
$380
0.12%
2004
$234,271
$41,845
$380
0.16%
2003
$231,375
$38,393
$260
0.11%
2002
$227,811
$41,756
$260
0.11%
2001
$220,712
$40,728
$360
0.16%
2000
$219,953
$42,313
$360
0.16%
1999
$210,797
$40,309
$120
0.06%
1998
$215,432
$35,131
$195
0.09%
Press and blogosphere coverage:
- ABC News
- Bloomberg
- The Hill
- L.A. Times
- New York Daily News
- New York Times
- Politico
- USA Today
- Wall Street Journal
- Wall Street Journal Law Blog
- Washington Times
April 15, 2010 in News, Political News, Tax | Permalink
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Listed below are links to weblogs that reference Obama and Biden Release Tax Returns:
» You're welcome, Mr. President! from Roth & Company, P.C.
President Obama released his 2009 tax returns. His biggest income item was a $5 million-plus Schedule C for his book... [Read More]
Tracked on Apr 19, 2010 9:48:34 AM
Comments
Well there's not much question who's more generous now is there?
Posted by: mike livingston | Apr 15, 2010 5:33:58 PM
As Biden would say, charitable giving by Obama and him, especially at times when they thought no one would look, is a BFD.
Posted by: Woody | Apr 16, 2010 10:06:22 AM
The Obamas and the Bidens should have gotten second opinions on their tax returns. Their preparers cost them money!
Posted by: WD Kebschull | Apr 17, 2010 11:09:44 PM




