As we all get finished with our taxes so do the President and First Lady. It turns out that the Obama’s came in with a 20.5% tax rate on income of $789,674 (married filing jointly), including donations worth $172,130. The bulk of that income came from presidential salaries, $394,821, and book sales, $441,369. In 2010, …
Tag Archives: contribution
Debate over oil subsidies – Senators voting to protect them received on average 4x more contributions
The debate goes much deeper than who received money, but these numbers are still important: In a 51-47 vote, 43 Senate Republicans and four Democrats filibustered to protect $24 billion in tax breaks for Big Oil. Although a majority voted for Sen. Robert Menendez’s (D-NJ) bill, it fell short of the 60 needed. The only …