Tax return shows Obama, first lady paid $98,169 in taxes on income of $481,098 last year

  • Article by: DARLENE SUPERVILLE , Associated Press
  • Updated: April 11, 2014 - 6:10 PM

WASHINGTON — President Barack Obama and Michelle Obama paid $98,169 in taxes on $481,098 in adjusted income last year, tax returns the White House released Friday show. They paid an effective federal income tax rate of 20.4 percent and donated significantly less to charity than they did the year before.

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