Obama Saves $100K From Bush Tax Cuts


Yesterday, President Obama revealed his tax return for this year. And the New York Post says thanks to the Bush-era tax cuts—which the president extended last year—he saved about $100,000. His total haul in 2010? About $1.73 million. Most of that came from book royalties; his salary for being president was reported as $395,188. The Obamas gave $245,075 to charity, about 14 percent of their adjusted income.

The White House released both President Obama’s and Vice President Biden’s 2010 returns. Click here to download a PDF of either.

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