Barack and Michelle Obama released their 2008 tax returns today.
The couple -- who filed jointly -- earned $2,656,902 last year, which White House reps say mostly came from the sales of the president's books, Dreams From My Father and The Audacity of Hope.
They paid $855,323 in federal income taxes, and $77,883 in Illinois state income taxes. They were set to receive a $26,000 refund, but instead applied the amount to their 2009 income taxes.
The couple also donated $172,050 to 37 charities, including $25,000 each to CARE, which fights global warming, and the United Negro College Fund.
Vice President Joe Biden and his wife Jill earned considerably less: $270,000. They donated $1,885 to charity.
The couple -- who filed jointly -- earned $2,656,902 last year, which White House reps say mostly came from the sales of the president's books, Dreams From My Father and The Audacity of Hope.
They paid $855,323 in federal income taxes, and $77,883 in Illinois state income taxes. They were set to receive a $26,000 refund, but instead applied the amount to their 2009 income taxes.
The couple also donated $172,050 to 37 charities, including $25,000 each to CARE, which fights global warming, and the United Negro College Fund.
Vice President Joe Biden and his wife Jill earned considerably less: $270,000. They donated $1,885 to charity.
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