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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (25754)4/16/2008 9:42:10 PM
From: Ann Corrigan  Read Replies (1) | Respond to of 224724
 
You must be retired Kenneth.



To: Kenneth E. Phillipps who wrote (25754)4/16/2008 11:11:07 PM
From: Hope Praytochange  Respond to of 224724
 
watermelon was smashed by high heeled lesbian



To: Kenneth E. Phillipps who wrote (25754)4/16/2008 11:31:35 PM
From: Hope Praytochange  Respond to of 224724
 
kennyboy with penny picking income can NOT compare to hussein 2007 income: Obamas Earned $4.2 Million in 2007
By Jeff Zeleny

Updated | 7:27 p.m. Senator Barack Obama released his 2007 tax return on Wednesday evening, reporting a household income of $4.2 million last year due to a sharp increase in the sale of his books during the first year of his presidential campaign.
That was a substantial jump from the roughly $1 million in income the Obamas reported in 2006, much of that also from book deals. Earlier this month, the Clintons released their tax returns over eight years, showing they earned $109 million over that period, with a substantial portion likewise coming from book sales.
In the returns released Wednesday, Mr. Obama and his wife, Michelle, reported a $3.9 million net profit from books, a sum that dwarfed their combined salaries of $260,735. They paid nearly $1.4 million in federal taxes last year and contributed $240,370 to various charities.
The campaign released 34 pages of tax information two hours before Mr. Obama and Senator Hillary Rodham Clinton appeared at a Democratic presidential debate in Philadelphia. Public disclosure has emerged as a key point of contention between the two rivals, so the release of the tax returns was purposefully timed to precede the debate.

Last month, the Obamas’ tax returns from 2000 to 2006 were posted on the campaign Web site. Mrs. Clinton followed suit on April 4.
For the third year in a row, royalties from the sale of Mr. Obama’s books dramatically elevated their wealth. His annual Senate salary was $157,102 and her salary at the University of Chicago hospitals was $103,633 - less than the previous year because she dropped to part-time status to spend more time on the presidential campaign.
Their contributions to charity have increased exponentially since he started running for president. Among their largest gifts were donations of $26,270 to Trinity United Church of Christ; $50,000 to the United Negro College Fund; $35,000 to the global poverty charity CARE.
In terms of investments, the Obamas reported just $1,442 in taxable interest income in 2007.
The Obamas paid only a fraction of their 2007 tax burden in the form of estimated taxes, which is perhaps a reflection of the unpredictable nature of their income was last year.
In 2004, before Mr. Obama was elected to the Senate, the Obamas reported $207,647 in taxable income.