Send tip

Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

Read more »
University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

Read more »
Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

Read more »
Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

Read more »
. . . .

The Obamas Earned Two-thirds Less in 2010

Written on April 19, 2011 by Japhet Writ

Comments Off

President Barrack Obama and his family earned almost $2 million for 2010, which is about two-thirds less than their 2009's gross income.

President Barrack Obama and his family reported an adjusted gross income of $1,728,096 for 2010. That is about two-thirds less than their almost $5 million earnings in 2009. In addition to this, The Obamas paid $453,770 for federal taxes and donated 14% of their income to various charities — including Fisher House Foundation.

President Barrack Obama earns $400,000 for his day job. His paycheck was much bigger, because his books – Dreams from My Father, The Audacity of Hope, and Of Thee I Sing: A Letter to My Daughters – still register strong sales. The US president is donating the proceeds from his Of Thee I Sing to Fisher House Foundation’s scholarship fund for children of fallen and disabled soldiers.

President Barrack Obama said in his speech last week that top earners, including himself, should pay higher taxes.

View Article Source »
Share

Featured


View all