OBAMAS' TAXES: Their Income is Down, Too - The Obamas filed jointly and reported an adjusted gross income of $1.7 million last year, down from $5.5 million in 2009. The bulk of that income came from sales of his books. The Obamas paid more than $453,000 in federal taxes and they donated more than $245,000 to 36 charities, including, the Fisher House Foundation, which benefits families of fallen and disabled soldiers.

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